Dutch Fine Tipico for Unlawful Online Gaming

Tipico, the Malta-based operator, faces stiff fines from the Dutch Gambling Authority. The fines were instituted after Tipico was accused of unlawfully offering online gaming.

Dutch Fine Tipico for Unlawful Online Gaming

Malta-based operator Tipico faces a fine of €531,250 (US$622,000) for unlawfully providing online gaming on tipico.com, according to Dutch Gambling Authority, Kansspelautoriteit.

A primary fine of €200,000 applied for this type of violation, along with additional fines for bonuses on offers and the number of games and bets offered; the overall use of the inactivity fee; for offering live betting; for not being able to verify the age of players, according to Gambling Insider.

Beginning October 1, the Netherlands permitted legal online games and gambling websites with a license from the KSA. The group received 28 applications by April.