i Sarah Eternal SRL fined €900,000 by Dutch regulator – TGB-Design

Sarah Eternal SRL fined €900,000 by Dutch regulator

“`html

Sarah Eternal SRL Fined €900,000 by Dutch Regulator

Summary

The Kansspelautoriteit (KSA), the Dutch gambling regulator, has imposed a fine of €900,000 on Sarah Eternal SRL for unlawfully offering gambling services through its CasinoSky website. The website provides games of chance but lacks a valid licence in the Netherlands. This follows a previous fine of €280,000 for similar infractions, indicating ongoing issues with player access and regulatory compliance.

The KSA highlighted that Sarah Eternal SRL had failed to implement necessary measures to prevent Dutch players from gambling on their platform. Investigations revealed that Dutch players could make deposits with local bank credit cards, and the website did not restrict access to users from the Netherlands.

Key Points

  • Fine of €900,000 for Sarah Eternal SRL issued by KSA.
  • The CasinoSky site operates without a Dutch gambling licence.
  • Previous fine of €280,000 was issued due to similar regulatory breaches.
  • Concerns raised about lack of protective measures for players, including age verification.
  • There are calls for enhanced regulations to protect Dutch players and address illegal gambling.

Why should I read this?

This article is informative for stakeholders in the gambling sector, as it highlights the Dutch regulator’s strict enforcement of gambling laws. It underscores the importance of compliance for operators offering services in regulated markets and draws attention to ongoing discussions regarding player protection and regulatory reforms in the Netherlands.

“`