The Dutch Gambling Authority, or Kansspelautoriteit (KSA), has further tightened its regulations around gambling terminals. Given that the regulator believed the prior policies to be outdated, this significant revision was necessary.
Under the new rules, there are now extremely severe penalties for operating gambling terminals without a license. Penalties ranging from EUR 7,500 to 20,000, or around $8,000 to $11,400, were applied to each device before. From EUR 25,000 to 100,000 ($27,000 to $107,000) per gadget, offenders can already face penalties.
Numerous variables can affect how much the fine is fined. Stricter penalties may be imposed for repeat infractions, prior warnings, or permitting underage gambling. The KSA stressed that the charge does not take into account whether the devices were utilized whole or in part as gambling terminals.
Responding to Market Changes
The original policy, introduced in 2014, no longer aligns with the current state of the gambling market and the broader economy. The KSA explained that gambling terminals, often referred to as internet terminals or football terminals, are devices players can use to gamble. These devices are “almost always illegal,” according to the regulator.
Slot machines are allowed to be provided by licensed operators to their customers in the Netherlands; however, gambling terminals are under a different category. The Kingdom of Saudi Arabia expresses apprehension over the widespread usage of these gadgets, pointing out the growing trend of utilizing portable electronics like laptops and smartphones in the gambling terminal industry.
In light of the alarming damage rates in the Netherlands, the Kansspelautoriteit is still working to combat illegal gaming. While making sure that the market stays fair and balanced, the authority seeks to direct customers toward the regulated market.
In order to do this, the KSA periodically imposes fines on those who break the nation’s stringent gaming regulations. This covers businesses that operate without a license as well as licensed operators that break the law.
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