The Gaming Authority (Ksa) has imposed a fine of 531,250 euros on the Malta-based Tipico Co. Ltd. for illegally offering online games of chance to Dutch consumers

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The Gaming Authority (Ksa) has imposed a fine of 531,250 euros on the Malta-based Tipico Co. Ltd. for illegally offering online games of chance to Dutch consumers.

The online games of chance were offered via the website tipico.com. A penalty of 200,000 euros applies for this violation. The fine has been increased 3 times by 75,000 euros: once for the bonuses on offer and the large number of games and bets on offer, once for using an inactivity fee and once for offering live betting. This form of betting carries a higher addiction risk than bets that can only be made before the start of matches.

Furthermore, the fine has been increased because the age of the players was not visibly verified. Tipico's website can no longer be reached with a Dutch IP address.

Legalization of online gambling

As of October 1, 2021, it is possible to legally offer games of chance in the Netherlands with a license from the Ksa. At the end of September, the Ksa will announce which companies have succeeded in obtaining a permit. This makes it possible to offer games of chance via the internet under strict conditions and under the supervision of the Ksa. Earlier this month , the Ksa announced that the fine for illegal offerings will increase sharply with effect from 1 October .

https://kansspelautoriteit.nl/nieuws/2021/september/boete-ruim-5-ton-illegaal-aanbieden/