Kindred to Appeal against €470,000 Dutch Fine


4-13 Kindred to Appeal against €470,000 Dutch FineReading Time: 1 minute

 

Online gambling operator Kindred Group is going to appeal against a €470,000 fine for illegal activity in the Netherlands. The company said it remains committed to securing a licence in the country once new igaming laws come into effect.

Kansspelautoriteit (KSA) issued a €470,000 (£430,344/$521,950) fine to Kindred’s Trannel International subsidiary after an investigation by the regulator found its Unibet.eu site targeted Dutch players between August 11 and December 27, 2018.

Kindred claims that it is fully compliant with the igaming rules set out by the Dutch Ministry of Justice and Security earlier in the year. With secondary legislation currently being developed by the Ministry of Justice and Security, as well as KSA policy rules on licence applications and eligibility requirements, it has decided to appeal the fine.

The secondary legislation will add more detail to the broader regulatory framework of the Remote Gambling Act. The Dutch government aims to have the secondary laws brought into force from 1 July, 2020.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Kindred to Appeal against €470,000 Dutch Fine

The post Kindred to Appeal against €470,000 Dutch Fine appeared first on Eastern European Gaming – News – Interviews – Legal Market Updates – Premium Reports – Events – Directory.


Source: Eastern European Gaming – Affiliate Programs – News – Legal Updates