Dutch Regulator Fines Licensed Operator €734K for Failing to Protect Young Gamblers

The Dutch Gambling Authority (Kansspelautoriteit, KSA) has fined a licensed operator €734,000 ($833,248) for failing to protect young adults from excessive gambling and gambling-related harms. 

A preliminary injunction filed by the operator in breach means that the regulator is currently obliged to keep the operator’s name confidential. If disclosure is permitted later in the legal process, the KSA will release the operator’s name. 

Responsible Gambling Breaches at Mystery Dutch Operator

Under Dutch gambling law, licensed operators are required to uphold a duty of care, which includes protecting players from “excessive gambling behavior and addiction.” 

Reports of significant financial losses among young adult players were investigated by the KSA, and the regulatory authority found that the operator failed to uphold its duty of care. 

The KSA reviewed ten player accounts with the largest recorded losses. The players were between the ages of 18 and 23 and had lost tens of thousands of Euros, often within a short period of time. As a result, the operator is deemed to have violated Dutch law. 

Michel Groothuizen, Chairman of the KSA, stated: “We have a regulated gambling market with the idea that those who wish to gamble can do so safely. That’s why operators have a duty of care and must respond appropriately to signs of excessive play.”

He continued: “Large losses are a clear warning sign. We have intensified our oversight of online duty-of-care obligations, and violations like the ones found here are dealt with firmly. We do not want to see operators failing their duty, especially when it comes to vulnerable young players.”

Offshore Efforts Continue to Ramp Up

Last week, the Dutch regulator fined Techno Offshore €1.2 million ($1.4 million) for illegally offering gambling in the Netherlands.

The operator is deemed to have offered illegal services through its brands Nolimitbet and Simplecasino. 

The regulator issued Techno Offshore a cease-and-desist order last year and threatened fines if it failed to comply. The latest report suggests that the firm has not adhered to its requests and still permits Dutch customers onto its platform. 

Through its portfolio of sites, Techno Offshore offers cryptocurrency deposits and was found to have a nascent age verification process and no responsible gambling or consumer protection measures in place. 

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 The Dutch Gambling Authority (Kansspelautoriteit, KSA) has fined a licensed operator €734,000 ($833,248) for failing to protect young adults from excessive gambling and gambling-related harms.  A preliminary injunction filed by the operator in breach means that the regulator is currently obliged to keep the operator’s name confidential. If disclosure is permitted later in the legal
The post Dutch Regulator Fines Licensed Operator €734K for Failing to Protect Young Gamblers appeared first on CasinoBeats.