KSA Issues Fine to Sarah Eternal SRL for Unlicensed Gambling
Kansspelautoriteit (KSA), the Dutch Gaming Authority has announced it has issued a penalty against Sarah Eternal SRL, the owner of gambling brand casinosky.com, for offering games of chance in the region without an official license.
KSA issues a fine against Sarah Eternal SRL
LISTEN TO THIS ARTICLE:Under the terms of the penalty Sarah Eternal SRL must cease violating the gambling guidelines or the regulator will fine the gaming operator €280,000 a week, up to a maximum of €840,000.
The Dutch Gaming Authority is in the process of amending its gaming regulation and updating the KSA Responsible Gaming policy.
More Regulation News
Inspectors Investigated the Casinosky Website
Following an investigation carried out by inspectors for the Dutch Gaming Authority, they found the casinosky website could be accessed from within the Netherlands jurisdiction. Players could create accounts, deposit funds into the customer wallet, and were able to gamble from the Dutch territory.
KSA issued the penalty notice after if found its investigators were still able to place bets on the website, even though they indicated they were within the country. This is a clear violation of running a gaming operation without an appropriate license.
As part of the regulation of gaming activity in the Netherlands Sarah Eternal SRL has the right under the rules to lodge an objection against KSA for issuing the penalty judgment.
Providers who do not have a license for the Dutch market must do everything they can to ensure that Dutch players cannot come to them to gamble, for example by setting up an IP block, Inspectors from the Ksa could indeed go to the casinosky.com website of provider Sarah Eternal to create an account, make a deposit and participate in illegal games of chance. This was also possible if the account clearly stated that the player was from the Netherlands. That is why the Ksa has now imposed an order subject to penalty.
RELATED TOPICS: Regulation
Latest News
Responsible Gambling
New Jersey Makes Significant Change to Gambling Self-Exclusion Program
Dec 24, 2024
Most Read
Parlays, Pressure, and Addiction - The Risks of Modern Sports Betting
Dec 20, 2024Must Read
Interviews
When Helping Others Is a Life-Long Mission - An Interview with Gordon Moody CEO, Monica Shafaq
Dec 17, 2024
Interviews
Review this New Post
Leave a Comment
User Comments
Comments for KSA Issues Fine to Sarah Eternal SRL for Unlicensed Gambling