Dutch Regulator Levies Fine on Casbit for Unlicensed Online Gambling

Casbit Group NV has incurred a substantial penalty from the Netherlands gambling authority, Kansspelautoriteit (KSA), for engaging in unlicensed online gambling within the Dutch market. The KSA's investigation unveiled that Casbit was operating illegal gambling activities through its lala.bet website, directly violating the Remote Gambling Act.

Despite prior warnings from the KSA regarding access to its site from the Netherlands, Casbit initially took steps to block Dutch customers. However, subsequent checks by the KSA revealed that access was still possible.

Consequently, the KSA has levied a significant penalty of €280,000 per week on Casbit for as long as the unlawful games remain accessible, with the maximum penalty capped at €840,000.

This marks the second instance in 2024 where a gambling operator has faced fines for unauthorized online gambling activities. In February, the KSA imposed a record-breaking fine of €19,679,000 ($21,319,286) on Gammix Limited for similar infractions across multiple websites. This penalty surpassed the previous record set in 2022 when N1 Interactive Limited was fined €12,640,000, part of a collective €26 million penalty imposed on five companies.

The stringent enforcement actions by the KSA underscore its commitment to regulating the online gambling industry and ensuring compliance with Dutch gambling laws.

By fLEXI tEAM