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N1 Interactive Landed With KSA Fine
The Malta-based N1 Interactive group has been hit with a substantial €500,000 gambling fine by the Dutch KSA (Kansspelautoriteit). The strict gambling authority found the N1 team guilty of offering illegal gambling products to its local Dutch community. It’s a significant fine for the operator that owns an extensive portfolio of gambling sites. The huge fine was based on several reasons aligning to illegal activity, and as it stands, N1 had no comeback to the final decision.
Betchan Breaking Multiple Gambling Rules
Betchan was the online gambling site behind the €500,000 fine. The fact that it was offering its services to Dutch people was the main issue. But there were many more issues found during the investigation. Not only was Betchan accepting Dutch players. But the site was also accessible from within the Netherlands and not even listed as a restricted country.
The half-a-million euro fine had a lot more behind it as well. The use of “Amsterdam” bonus codes was in circulation. There was also a lack of an official age verification process in place, and there were inactivity fees in place as well. The long list of issues was too much for the Dutch gambling regulator to ignore and so that €500,000 fine was slapped on the table of N1 Interactive.
It’ll be a harsh lesson to learn for N1, and not surprisingly, Betchan is no longer accessible from the Netherlands. It should also be a big wake-up call for any other gambling sites doing or thinking about doing the same in the future.
Ongoing Crackdown on Facebook Lotteries
The KSA has also been busy cracking down on social media lotteries. Two lotteries had to be shut down in line with illegal operations running on the Facebook-owned platform, Instagram. The KSA reported these to the Gambling Regulatory Channel at Facebook HQ, and, in turn, Winnacttiee and VIP Lottery were both shut down. The fact that these lotteries were neither supervised nor licensed was more than enough to put an end to the illegal operations.
Opening The Dutch Remote Gambling Act & iGaming Market
The Remote Gambling Act for the Netherlands opened in April, and the Dutch iGaming market is set to start in October. The KSA chairman, René Jansen, has spoken openly about these moves being made in 2021. The overall aim is to create a safer and more secure place for Dutch people to gamble. It will reassure people that fair gaming is in place. It will also make sure the right processes and procedures are in place surrounding gambling addiction.
It is evident that the Dutch authorities are now clamping down on illegal operations. It will have all the necessary legislation in place by the end of the year to keep a much closer eye on the welfare of its local gambling community. N1 Interactive took a big hit with that €500,000 fine. The fact that the KSA took such a firm stance on the matter should help to deter other operators from trying to carry out the same illegal actions.