The Dutch regulator KSA is going to start publicizing those gambling companies who do not pay fines with an aim of helping consumers to determine illegal and unlicensed sites.
The gambling regulator can impose fines on operators violating the rules of the Dutch Gambling Act. If a gambling company refuses to pay the fine, KSA starts a collection procedure. This information did not use to be published on the regulator’s website, but now it will be.
Operators will get an opportunity to provide their reasons regarding payment refusal. In case they pay the fine later or make a payment arrangement, the information about non-payment will be deleted from KSA’s official website.
The opening of the regulated igaming market in the Netherlands is scheduled for January 2021. New laws will enter into force on July 1, 2020, after the Ministry of Justice and Security gives its approval. Nevertheless, new gambling licenses will be available only to those businesses that have not operated in the country in the 2 years prior to the implementation of new legislation.
As mentioned earlier, the casino monopoly of the Netherlands has reported the results of its financial performance in the first half of 2019.