Dutch Regulator Hands Out €350,000 in Fines

This story was published more than 1 year ago.

Last week the Dutch gaming regulator Kansspelautoriteit (KSA) announced that they've handed out €350,000 in fines against CyberRock Entertainment NV and Honeydew Trading for offering online betting services without authorization.

The announcement comes as the offshore betting groups were offering online gaming sites that were primarily Dutch in terms of language and marketing, which drew the attention of the regulator. The offending sites were Play2Win Casino, Supreme Play Casino, Casino Fiz, Euro Fortune Games, Rockbet Casino, Vanguards Casino and Vegas Days Casino, and come as the regulator has been cracking down on groups that illegally offer services within the country.

The Netherlands has been working to regulate online gambling within their country through the Remote Gaming Bill. The bill is working on being passed through the Senate and would have a 29% tax rate on online betting services. Those fined by the KSA would face a period where they'd be restricted from applying for a gaming license.

It's unknown whether or not the KSA will be able to actually enforce the fines, as CyberRock is based out of Curacao, and Honeydew is based out of Cyprus, areas where the regulator has no jurisdiction.

Most of the casinos listed have been blacklisted by Casino Listings for several years, as the sites have withheld legitimate winnings, ripped off players, and have been outright rude to customers asking questions about delayed payments.

Casino Listings will follow the story and update readers as the operators address the fines.

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About the author

Therese Williams // UK Correspondent
Therese Williams
Therese is a fervent fan of slot machines and pub fruities, often trying her luck at some of the top online casinos. She covers news for Casino Listings with a focus on the UK and Europe. Therese studied arts and creative writing at university and has written for newspapers in the UK.
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krcoolsongss
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8 November 2018 - 6:41am
#1

All of the mentioned casinos are probably rogue. They probably have been cheating players a few years by now. So, the fine of $350,000 should be multiple by 10, I insis/t !!! 🙂

bgsharpe
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9 November 2018 - 2:20pm
#2
Quote:

It's unknown whether or not the KSA will be able to actually enforce the fines, as CyberRock is based out of Curacao, and Honeydew is based out of Cyprus, areas where the regulator has no jurisdiction.

So obviously the sanctions could be just an intimidating act, too bad they probably wouldn't be able to actually fine those cheaters.

auCL-Ed
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13 November 2018 - 12:00am
#3

This couldn't have happened to a more deserving operator. They get no sympathy whatsoever from me, though I doubt it is going to help all the punters they routinely rip off get paid.

My prediction is that these casinos will all either be faux "sold" to an unnamed buyer (in reality the same people), or they will be shut down suddenly and in a few months a mysterious new bunch of similar casinos will appear running under a different company name. They won't pay the fine.

sharpe

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