Netherlands to increase fines for illegal online gambling
Dutch gambling regulatory body Kansspelautoriteit (KSA) has announced that it is to introduce larger fines for illegal online gaming in the country.
Current gambling laws stipulate a maximum penalty of €150,000 ($161,400) for unlicensed online operators that target Dutch players.
However, under new regulations outlined by the KSA, brands that breach gaming laws in the Netherlands could now face a fine of up to €820,000, depending on the offence.
The stricter financial penalties will come into effect from January.
Although online gambling is currently illegal in the Netherlands, the country in July passed a bill to legalise the sector for the first time, and regulation could be introduced as early as next year.
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