Dutch Regulator Issues Fine to Shark77 for Unlicensed Operations

Shark77, a fast-growing casino and sports betting operator based in Malta, must pay in full a 900,000 eur fine to the Kansspelautoriteit (KSA), better known as the Dutch gambling regulator, for operating in the Netherlands without a vital license.

Today, Maltese operator Shark77 was fined 900,000 eur by the Kansspelautoriteit (KSA) for offering its unlicensed games in the country.

This has been declared illegal under the Betting and Gaming Act, as the operator does not have the necessary regulatory approval in the form of a license.
 
Back
Top