KSA Could Implement Loss Limits

Online casinos in the Netherlands may be forced to implement loss limits for players in an effort to keep players from losing excess funds.

The idea was made by KSA Chair Rene Jansen in a speech, where he cited a recent TV news expose that highlighted an instance where a player was able to lose a huge sum of money without a casino intervening on their behalf. He then went on to state how other countries have controls in place, before stating that he thinks tighter controls should be discussed.

"On previous occasions, I expressed my misgivings about the way operators enforce playing limits," said Jansen. "There have been instances of playing limits that made it possible to lose up to €100,000 (£85,740/$105,170) and gamble 24/7."

"In Austria, players can deposit a maximum of €800 a week. In Germany, the maximum is €1,000 a month. In Norway, the maximum loss that players can incur is slightly less than €2,000 a month."

"It goes without saying that the KSA, as the regulator, has its own responsibility. That is why we will spend the next period investigating explicitly how our online gambling license holders are putting the main facets of their duty of care into practice."

"We will not hesitate to intervene if there are evident signals that operators are not complying with the duty of care. This concerns both land-based and online operators. The KSA will make itself heard in the near future."

The KSA has been working hard on helping to shape the newly-regulated online gaming market in the Netherlands, which went live last fall. The regulator has been keeping operators accountable, investigating advertising and operational lapses by issuing fines and warnings. The KSA is currently investigating land casino operators for various self-exclusion lapses.

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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