Kindred Group Fined €470,000 by KSA

Online betting firm Kindred Group has been fined €470,000 from the Dutch gaming regulator KSA for accepting online wagers from punters based in the Netherlands.

The regulator claims that the violations from the 1964 Gambling Act. Kindred was under investigation since before the recent Remote Gambling Bill was signed into law. The KSA found that the group was effectively targeting players within the Netherlands and also facilitating the financial aspects of the play. For their part, Kindred says that they're appealing the ruling.

Despite the fine, Kindred still has big plans for the Dutch market. The group is planning to apply for a gaming license and operate in the country should they be granted a license.

We'll follow this story and let you know whether Kindred's appeals are succesful.

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bgsharpe
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21 August 2019 - 6:07pm
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That's a huge fine but apparently Kindred are not too concerned about it, wonder if they'd be still so cool if that appeal being rejected in court.

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