Dutch regulator sets €450k fine

Dutch regulator sets €450k fine
The regulator set a €450k fine too Onisac Limited. Credits: casino.com

The authority has issued a €450k fine to Gibraltar-bsed Onisac Limited, which operates casino.com.

Netherlands.- The Kansspelautoriteit (KSA), Netherlands’ gaming authority, has revealed that it issued a €450k fine to Onisac Limitied, the company behind casino.com. The fine is the aftermath of recurrent violations to the local gaming act. As a result, the website has been taken down for Dutch users.

As established by KSA, the penalty was set in numerous parts: two fines of €200k were issued to the operator after it was found to be offering online games of chance. The operator had been fined by the authority six years ago for the same infraction and therefore was considered a second case of breaching the legislation.

Current laws in the Netherlands establish that online games of chance are only allowed with a licence. However, the Betting and Gaming Act doesn’t offer the possibility of obtaining one.

The remaining €50k fine was because KSA found that Onisac Limited had charged unreasonable administration costs to inactive players. Those customers had funds deducted from their accounts after being inactive for a period of 180 days.

René Jansen, chairman of the KSA, commented: “This is a repeat offender. That makes the violation extra harmful and is reason to double the fine.”

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