Dutch Gambling Regulator Smacks a 6-Figure Fine on Unibet

Dutch Gambling Regulator Smacks a 6-Figure Fine on Unibet

Kansspelautoriteit, the gambling regulator of the Netherlands, certainly isn’t messing around when it comes to keeping everything in line with its market. The Kindred Group is the latest major operator to be hit with a fine by the regulatory authority, due to its targeting of Dutch customers.

The news was released by Kansspelautoriteit yesterday, with the body noting that it has handed over a fine of €470,000 to a subsidiary of The Kindred Group. During the second half of 2018, it is said that the subsidiary serviced Dutch players, which is why the regulatory body has gone into action with the fine.

The Kindred Group is most known for its flagship online brand known as Unibet. While based in Malta, the company has expanded out across much of Europe and even into New Jersey, USA as of this past June. So, the fine by Kansspelautoriteit came as even more of a shock to the online gambling world.

However, the regulatory body said that it has taken action after checking into the activities of Unibet between August and December of 2018. According to Kansspelautoriteit, the brand was offering its services up to Dutch gamblers at the time, with the specific payment method of iDEAL being in operation for players from the Netherlands to utilise.

Other Details About the Fine Emerge

Backing up its argument for the fine, the Dutch regulatory body also said that the European version of the Unibet site offered players support in the local language. At the same time, a list of restricted territories was found on the website, but the list did not include the Netherlands. Therefore, it was determined that the platform accepted registrations from the country and provided gambling opportunities to Dutch gamers.

The only way that Dutch gamblers are able to access such gaming options is if the site holds a licence from Kansspelautoriteit. Unibet did not have one of these during the period in question, which therefore makes it legible for the body to issue such a fine.

The €470,000 fine from the authority on Trannel International Limited – a subsidiary of The Kindred Group which operates Unibet.eu – has been handed out as a way of punishing the brand for the violations in question. It comes as the latest in a series of moves by Kansspelautoriteit that has seen the authority hand out fines to multiple companies. It was only earlier on in August that ElectraWorks Limited received its own six-figure fine. The subsidiary of GVC Holdings that is responsible for the running of the bWin online brand was also found to have been targeting Dutch players and received a €350,000 fine as a result.

It was only in February of 2019 that the Dutch Senate proceeded with passing the Remote Gambling Act, following multiple years of delays on such. This motion is set to pave the way for a new setup in the Dutch gambling scene, with the creation of a more regulated and organised system featuring official licences. This restructure will allow international companies to operate legally in the country after receiving a licence from the official body.

It is thought that the Dutch market will open itself up to international companies at the very start of 2021, should everything run to plan and no further setbacks occur.

Share this post

Post Comment