KSA warns Holland Casino for database failures
Licensed gambling firms are required to maintain a database of the activities of their customers in the Netherlands, which the country’s regulatory authority utilizes to ensure the operators’ compliance with local gambling laws and to combat various financial crimes such as money laundering. The Kansspelautoriteit also mentioned that an actively updated database is paramount to ensure the safety of the Dutch gambling market.
Back in June, the authority ordered licensed gambling firm Holland Casino to adjust its database, as the Kansspelautoriteit determined it was not up to the standards of the country’s gambling regulations. Typically, operators are given a period of six weeks to comply with the KSA’s orders before being hit with fines or even having their licenses revoked in rarer cases.
However, Holland Casino submitted an appeal against the Kansspelautoriteit’s decision to the Hague District Court shortly after receiving the order, which put a pause to the six-week compliance period while the court reviewed the decision. Recently, the court announced that it has rejected the company’s appeal, resuming the compliance period for the operator. Additionally, the court’s ruling also enabled the Kansspelautoriteit to publish this enforcement action to the public.