Kansspelautoriteit to fine Blue High House SA
The Kansspelautoriteit has ordered Blue High House SA to exit the gambling market of the Netherlands.
The regulatory authority’s latest announcement involves the company’s betonline.ag brand, which the Kansspelautoriteit mentioned is operating in the Netherlands with no valid license. The regulator has sent a cease and desist to the operator and ordered its immediate withdrawal from the country, with a weekly fine of 43 thousand euros being due if Blue High House continues accepting Dutch players without a license. If the firm fails to exit the market within three weeks, its penalty could reach up to 129 thousand euros.
The Kansspelautoriteit continued its announcement by mentioning that it bases its enforcement actions against unauthorized firms on the number of estimated Dutch players in their user bases. The regulator mentioned that it detected that Blue High House has a large player base and targets the Netherlands with a few brands with no valid licenses.
This report follows only a few days after the Kansspelautoriteit issued a massive fine of 2 million euros to L.C.S Limited for offering gambling in the country with no license. Check out our coverage of the KSA’s penalty against L.C.S Limited to learn more.