Netherlands Gambling Authority Publishes AML Guideline The Netherlands Gambling Authority has published a new guideline outlining how operators can implement the provisions of the Anti-Money Laundering and Anti-Terrorist Financing Act (Wwft). At present, only Holland Casino is subject to the Wwft. Land-based slot machine operators and lotteries are currently exempt. In the future, online operators will also be subject to the[Read More…]

Eight Operators Fined in Sweden for Offering Bets on Matches Involving Minors Eight online gambling operators have been hit with penalty fees totaling SEK41.2m (€3.9m) by Swedish gambling authority Spelinspektionen for offering betting on sporting events involving players under the age of 18. Gambling companies operating with a Swedish license must not offer wagers on events where the majority of participants[Read More…]

Netherlands Gambling Authority Issues Fines to Simbat Entertainment Systems and Spinity The Netherlands Gambling Authority has hit Simbat Entertainment Systems Ltd and associated affiliate Spinity with fines of €270,000 and €100,000, respectively, for offering and promoting online games of chance without a license. The Netherlands Gambling Authority already fined Simbat Entertainment Systems and Spinity in July 2017, but publication of[Read More…]