Kindred Group fined €470,000 for Targeting Dutch Players without a license
Trannel International has been fined €470,000 for illegally targeting Dutch players.
The Kansspelautoriteit (KSA), which is the Dutch online gambling regulator, has hit a subsidiary of Kindred Group with a €470,000 fine. Trannel International has been to found to have targeted Dutch players despite not having a license. We'll take a look at the story next.
Dutch Market to open in 2021
The Dutch market is not set to be liberalized until 2021. Already, the number of operators that are interested in obtaining their license has beaten expectations. Unfortunately, some operators have jumped the gun, targeting players in contravention of the laws. Trannel International, which is a subsidiary of Kindred Group, was found to be in breach of the law and hit with a €470,000 fine by the KSA.
So far this year, the Kansspelautoriteit (KSA) has imposed €1.46 million in fines.
€1.46 Million in Fines so far this year
The KSA has been busy so far this year, having imposed a total of €1.46 Million in fines to operators that include Mansion, Casumo, 1x Corp and GVC Holdings. The fine is meant to act as both a punishment and deterrent to future would-be abusers.