The gambling world can often be a trying place for operators – although this wouldn’t be the case if they just stuck to the rules and followed regulations accordingly. Unfortunately, it seems as though many platforms are ready to try and shirk those rules in an attempt to gain the upper hand.
However, that route can only lead to a fallout, considering that the Dutch Gaming Authority has just imposed two fines on operators providing their games to the country’s market. Simbat Entertainment Systems was handed a €270,000 fine, while Spinity received a €100,000 fine. Neither platform is in possession of a Dutch gambling licence, considering that these aren’t readily available yet.
However, the Kansspelautoriteit regulatory body found that Simbat had managed to provide online games of chance via 11 websites at the least. At the same time, Spinity was utilised as a platform for promoting those games to the country’s players. This isn’t new information though, because the original decision that the gaming authority took on Simbat and Spinity occurred in July of 2017. Both operators objected to the decision made by the KSA, however, the court in The Hague ruled against that objection. It is only now that the KSA has been able to publish its decision on fining both companies.
Providing Games to an Illegal Market
As things stand at the moment, the Netherlands does not have a legal and licensed online gambling market. The same was true back in 2017 when the original decision was made by the KSA. With this in mind, companies were not legally able to provide their games of chance to the Dutch gambling market. This didn’t seem to deter Spinity and Simbat from choosing to proceed with such, though.
Granted, the rules have recently been overturned by the country to bring in a licensed and regulated online gambling market. However, the new laws don’t come into effect until 2020, with licenses for providing such hopefully being handed out the following year to interested applicants. Recent information from the KSA has shown that around 79 companies have registered their interest in becoming a part of the Dutch online gambling world, meaning that it stands a chance of becoming the next big market.
For Simbat and Spinity though, the only route that they can take is to pay their respective fines and stay away from providing their games to Dutch players. The likelihood is that even if they did choose to apply for a licence once the new laws are in effect, the Netherlands may not be so forthcoming with granting such.