As yet, little information has been provided about Smart Gaming, which is registered in the Dutch town of Aalsmeer.
The KSA said that it will list the domain name that the business will use as soon as this is known, but Smart Gaming has not yet submitted the domain it intends to use.
The business is the 21st operator to receive a licence to operate in the Dutch online gambling market. It follows the ComeOn Group, which announced that it would launch its flagship ComeOn brand in the Netherlands after receiving a licence last week.
Also last week, the KSA launched a gambling harm prevention research programme, developed by Hague-based health organisation ZonMw. It said that the aim of the scheme will be to gather new knowledge on the prevention and treatment of gambling addiction and gambling-related harms, so it can be formed into new treatment measures.
The regulator has also taken steps lately to crack down on unlicensed online gambling. Earlier this month it ordered two different operators – Betworld247 and Sons of Slots – to leave the Dutch market or pay weekly fines.