UPCOMING EVENT

Let's Meet during iFX EXPO International 2024 in Limassol, Cyprus (18-20 June)

Book a Meeting
  • +357 2425 0808
  • Login
  • English

Home

Blog

Hague Court Supports Dutch regulator to ...

Hague Court Supports Dutch regulator to fine iGaming operators

Hague Court Supports Dutch regulator to fine iGaming operators

NetShop ISP

NetShop ISP · Blog Author

Jul 21, 2017 · Archive

Netherlands’ top court “District Court of The Hague”, ruled last week that the Dutch Gaming Authority, Kansspelautoriteit (KSA), has the right to fine iGaming operators that were found to have breached Netherlands gambling laws, after several fined gaming operators complained that the Regulatory Body punished them unrighteously.

On July 13th, the Court found that the regulator was within its rights to impose six-figure fines against to Co-Gaming Limited (formerly Come On), based in Malta and ONISAC Limited and Mansion Online Casino Limited, both based in Gibraltar. Even though it’s said that the companies have paid their fines, they decided to appeal their cases to the Court hoping to get back the money that they had been fined.

The fines included €180,000 against the Maltese company ComeOn Europe in 2015 after regulators found that they had targeted Dutch players without being licensed to do so and a joint total of €150,000 for the Gibraltar-licensed ONISAC and Mansion Online Casino in 2014 for doing business with Dutch punters without the KSA’s authorization.

Kansspelautoriteit said: “The Gaming Authority is pleased that the court based its policy to address these providers in the interests of the consumer.” , “The current law now does not provide the opportunity to legally bet online. Operators therefore do not bind to strict conditions. With illegal online gambling players (consumers) face risks such as manipulated games and gambling debts.”

Press Releases
74

Free VPS Trial

No Credit Card Required.

Recent Posts

MT5 Access Server for Forex Brokers: Virtual vs. Dedicated

MT5 Access Server for Forex Brokers: Virtual vs. Dedicated

14 June, 2024

How To Extend Root Partition using Home Partition space in CentOS

How To Extend Root Partition using Home Partition space in CentOS

30 May, 2024

NetShop ISP to Attend iFX EXPO International 2024 and Announce Global Infrastructure Expansion

NetShop ISP to Attend iFX EXPO International 2024 and Announce Global Infrastructure Expansion

23 May, 2024

TNFX Broker Partners with NetShop ISP to Offer Low-Latency Forex VPS to Traders

TNFX Broker Partners with NetShop ISP to Offer Low-Latency Forex VPS to Traders

14 May, 2024

How to Install Nginx, MySQL, PHP on Ubuntu 22.04 (LEMP)

How to Install Nginx, MySQL, PHP on Ubuntu 22.04 (LEMP)

10 May, 2024

#letushostyou

Award Winning Hosting Provider established in 2004.

120 Faneromenis Avenue, Imperial Tower, 2nd Floor, Larnaca 6031, Cyprus

Products

Bare Metal Servers

Customized Servers

Virtual / Cloud Servers

Forex VPS

Storage VPS

cPanel Web Hosting

Reseller Web Hosting

Colocation

Addons

Premium DNS

Email Hosting

Cloud Backup

DDoS Protection

Licenses

SSL Certificates

Domain Names

Premium SLAs

About Us

Data Center Locations

Looking Glass

Our Company

Contact Us

Careers in Cyprus

Become a Partner

Awards

Certifications

© 2024 S.S. NetShop Internet Services Ltd. All rights reserved.  Terms & Conditions  |  Privacy Policy
CY Reg. Number: HE 217340 | EU VAT Number: CY10217340J

Visa
Mastercard
PayPal
Revolut
Wire Transfer