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Gambling Operator Kindred’s Unibet Fined €450,000

Gambling Operator Kindred’s Unibet Fined €450,000
Gambling Operator Kindred’s Unibet Fined €450,000

Dutch Gambling Regulator has slapped a €450,000 on Kindred’s Unibet after it was found violating the gambling regulations targeting local customers in the Netherlands without securing the necessary permissions.

The Unibet gambling site which offered online gambling services also offered a Dutch chat service. Moreover, the Netherlands was not restricted as it was not included in the terms and conditions’ list of countries where playing is banned.

The Dutch Gambling regulator has been strict against gambling operators offering gambling products to locals. As per the reports, almost all major gambling operators have been fined by the gambling watchdog for offering online gambling in the country.

Recently, the gambling regulator fined GVC Holdings’ brand Bwin. The gambling regulator confirmed in a statement that it has fined ElectraWorks Limited which is a Gibraltar-based subsidiary of GVC Holdings that runs the bwin.com online gambling website.

The gambling regulator also said that they had launched an investigation upon complaints and it was found that Bwin was offering online gambling products and services to locals for a certain period of time.

Briefing about the recent developments in terms of online gambling regulations in the country, the Dutch gambling authority, said that they are planning to have the new remote gambling regulations come into effect from July 1, 2020. Following the new gambling regulations in place, the gambling regulator has also indicated that they would be seeking application from gambling operators for a countrywide license and then the online gambling market would be open by the start of the coming year.

In a recent update, the gambling regulator has also revealed that there are over 183 entities which have demonstrated an interest in a Dutch gambling license.

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Harry Matthew

Harry Matthew

Harry serves as a resident reporter for Casino Buzz. He has been responsible for building the content base and forms the core reporting strategies for the website. Along with reporting, Harry is an amazing baseball player with good record at university level. He can be reached at hm@casino.buzz

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