Betsson subsidiary appealed Dutch fine

The Dutch gaming authorities had set a €300k penalty for Corona Ltd, a subsidiary of Betsson.

Netherlands.- The Swedish gaming operator Betsson revealed that its subsidiary in the Netherlands Corona Ltd. appealed the fine set back in August by Kansspelautoriteit (KSA), the Dutch gaming regulator. The gaming operators argue that its operations did not violate any national regulation.

Betsson Group revealed last month that Kansspelautoriteit (KSA), the Dutch gaming regulator, has hit its Corona Ltd subsidiary with a €300k penalty for allowing players in the Netherlands to use its services without holding a local licence. Corona was fined €300k for the infractions on the Orange and Kroon online casino brands.

Corona Ltd has appealed the fine issued by the Dutch gambling regulator, De Kansspelautoriteit. Corona Ltd maintains its prior position that its operations comply with applicable laws and regulations in the absence of a European Union-compliant gambling legislation in the Netherlands.

If the appeal with the regulator is not successful, Corona Ltd will refer the matter on appeal to a court of law to defend its rights. Pending the procedures, the sanction will not become irrevocable.
“Betsson shares KSA’s ambition to achieve a high channelisation of customers into a future locally regulated environment in the Netherlands,” comments Pontus Lindwall, CEO Betsson AB.

The group also said that other subsidiaries were subject to investigations from KSA but that the regulator established that there were no violations with regard to them and therefore no fines were imposed.