The Netherlands Gaming Authority has hit Betsson’s Netherlands-facing subsidiary Corona, operator of the Oranje and Kroon online casino brands, with a €300,000 fine for offering online gaming to customers in the country without a license.
Betsson is reportedly locked in internal deliberations and assessments, as the group judges whether to appeal the decision.
As a consequence of the Dutch government’s most recent interpretation (p. 45) of the Motie Bouwmeester, if the Gaming Authority’s sanction is not voided on appeal, the operator will not be able to acquire a remote license when, as is widely expected, the Dutch online market officially opens in 2019.
In early 2014, Betsson acquired the Netherlands-facing brands Oranje Casino and Kroon Casino for an amount exceeding €100m.
Pontus Lindwall, CEO of Betsson AB, commented: “Betsson shares the Netherlands Gaming Authority’s ambition to achieve a high channelization of customers into any future locally regulated environment in the Netherlands, and supports the Dutch Government’s ambition in moving forward with the legislative process.”
The Netherlands Gaming Authority has not yet responded to our request for comment.
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