Dutch Gambling Authority slaps N1 Interactive with €500k fine
KSA cracks down on unlicensed operator Betchan as market undergoes regulatory changes
The Dutch Gambling Authority (KSA) has hit N1 Interactive with a €500,000 fine for offering games of chance to Dutch players without a licence.
Malta-based N1 was found to be offering igaming to the Dutch market via its Betchan brand.
Research undertaken by the regulator showed betchan.com was accessible from the Netherlands and there were multiple examples of the site producing offers aimed at Dutch players.
One such example was the fact the word Amsterdam was used as a bonus code for consumers.
The KSA said the fine was decided based not only on N1’s lack of licence and targeting of Dutch players, but also that no visible age verification process took place and that inactivity fees were charged to players’ accounts.
In addition to the fine, betchan.com is no longer accessible in the Netherlands.
The Dutch igaming market is currently in the process of regulating, with potential operators now able to apply for a licence to offer games of chance in the country.
The newly regulated market is set to open on 1 October.
René Jansen, KSA chair, said: “All conditions are aimed at ensuring that there will soon be a safe legal offer, whereby players are assured of a fair game and are protected against gambling addiction.
“This includes a strict approach to illegal supply, now and after 1 October,” he added.