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The Latest in ksa
Industry
October 13, 2023
KSA Hands a $2.2M Fine to LCS Limited
The Netherlands’ gaming authority, Kansspelautoriteit (KSA), continues its vigilant watch over the Dutch market. In one of its latest announcements, the regulator revealed that it has imposed a fine of EUR 2,074,000 (around $2,180,000) on the gambling operator LCS Limited. According to the KSA, LCS offered gambling illegally, targeting local customers through its www.sonsofslots.com brand. […]
Industry
October 5, 2023
KSA Publishes New Industry Report, Says Growth Is Slowing Down
The Kansspelautoriteit has published its latest report, outlining the state of the gambling industry in the Netherlands. According to the KSA, the total number of active players remained more or less the same during the past six months. GGR continued to increase but demonstrated clear signs of slowing down. The regulator said that the market […]
Legal
October 3, 2023
Dutch Gambling Regulator Grants Hommerson Amusement License
The Netherlands opened its online gambling market in October 2021. This enabled licensed operators in the country to offer their services legally to Dutch customers while adhering to the established regulations. Now, the gambling regulator in the Netherlands, the Dutch Gaming Authority, Kansspelautoriteit (KSA), revealed that a new operator secured a license to offer its […]
Industry
September 20, 2023
KSA’s Chairman Asks Gambling Firms to Better Protect Their Clients
Amid the growing popularity of online gambling activities, the chairman of Kansspelautoriteit (KSA), the Netherlands Gambling Authority, René Jansen, released a new blog post, asking licensed operators in the country to do more to protect their customers. Earlier this week, the chairman spoke about the importance of duty of care and the protection of players […]
Industry
September 19, 2023
Dutch Government to Introduce Stricter Rules for Addiction Prevention
The Netherlands has taken an active stance to strengthen addiction prevention measures within the country’s gambling industry. Minister for Legal Protection Franc Weerwind recently announced plans to submit new regulations aimed at addressing the shortcomings of the existing system. This decision comes in response to concerns raised by the Dutch regulator, highlighting inconsistencies in existing […]
Industry
September 15, 2023
KSA Vows to Fund Three Responsible Gambling Initiatives
The Netherlands Gambling Authority, Kansspelautoriteit (KSA), tasked with regulating gambling activities in the country, announced funding for three initiatives that seek to raise awareness about problem gambling and gambling addiction. Currently, the KSA manages Verslavingspreventiefonds (VPF), the country’s Addiction Prevention Fund. The vital grants from the KSA will be funded through the VPF, assisting three […]
Industry
September 13, 2023
The KSA Reveals Instructions Handed to Betent and Play North in 2022
The Netherlands’ gambling regulator, the Kansspelautoriteit (KSA), revealed that it had issued warnings to Betent and Play North Limited over past violations. According to the authority, in 2022, the two companies had breached the anti-money laundering (AML) and counter-terrorism financing (CTF) rules outlined in the Money Laundering and Terrorism Financing (Prevention) Act (Wwft). The KSA […]
Legal
September 12, 2023
Dutch Gambling Regulator to Update Responsible Gaming Policies
Amid the growth of the popularity of online gambling activities such as casino gambling and sports wagering, concerns about problem gambling continue to rise. Kansspelautoriteit (KSA), the Netherlands Gambling Authority, released the details of a new probe into the prevention and monitoring of problem gambling, outlining that more needs to be done to prevent harm […]
Industry
September 8, 2023
Dutch Regulator Cracks Down on Cashback Bonuses
The authority’s recent actions came in response to a licensed operator offering clients cashback bonuses. Dutch law prohibits such practices, forcing the offending entity to terminate the promotion. However, the incident raised significant concern that other gambling companies may also be violating the ban, prompting an in-depth investigation by the KSA. Violations May Be More […]
Legal
September 5, 2023
Dutch Regulator Issues Warnings for Gambling Ad Violations
The Dutch gaming regulator, Kansspelautoriteit (KSA), has issued stern warnings to several gambling operators for flouting the country’s recent restrictions on untargeted gambling advertisements in August. KSA Issues Warnings Instead of Fines for Gambling Ad Violations The crackdown came in response to multiple reports received by the KSA, revealing that various online gambling providers were […]