Close Bottom Menu CLOSE

Why join our Telegram

Telegram
  • list icon EXCLUSIVE Betting Bonuses
  • list icon 24/7 Pre-Match & Live Predictions
  • list icon New Unrestricted Bookmakers
  • list icon €1,000 In Monthly Giveaways
Join Our Community
Telegram

Betsson’s Dutch subsidiary to pay €300,000 fine

27 Aug 2018

kroon casinoCorona Ltd, the Dutch subsidiary of well-known iGaming brand Betsson, is obliged to pay a hefty fine of €300,000 in response to their absence of a local Dutch license. The operator was not discouraged, however, to offer gambling services to the Dutch market, which, of course, resulted in the chunky monetary punishment by the Netherlands Gaming Authority, De Kansspelautoriteit (KSA). Corona owns and runs brands like Oranje and Kroon and has announced that it is currently assessing the situation and the appropriate way to deal with it, contemplating whether it will appeal to the decision or not.

What does this mean for the Company's Brands?

The lower house of the Dutch Parliament gave the Remote Gaming Bill a green light two years ago, but the bill hasn't passed the Senate yet. As a result, Corona Ltd was not legal in offering services to the Dutch market. This year's developments with regard to the legislation framework saw government representatives announcing their will to introduce the new bill by 2020. Betsson stated in the media that the KSA also conducted investigations on other subsidiaries they own. where ultimately, the regulator didn't find any other law breaches.

Betsson CEO Pontus Lindwall respected KSA's verdict and agreed that Dutch customers should be able to play in a safe and regulated environment. Mr Lindwall appeared very optimistic last month in publicizing the operator's interim results for 2018 after taking on the group's leadership from Ulrik Bengtsson. The program puts emphasis on core areas such as operational efficiency, product output and growth in important markets.

Why choose Betsson

The Top Scandinavian Sportsbook
  • 94%+ on Totals & BTTS
  • Horse Racing
  • Cash out
  • Bet Builder
  • €50.000 daily withdrawal limit
  • Many local payment methods
  • 10+ available currencies
  • Mobile apps
Play now
100% up to $100 + $30 Freebet
BOOK SPY
BOOK SPY BONUS REVIEW

Betsson is one of the industry leaders in Scandinavia. The brand keeps walking down the road of legitimacy and legality. After all, the Betsson Group is listed on the stock exchange, and transparency is always the target. The in-house platform is quick and easy to use, both on mobile and desktop and product-wise, there are only a few black marks. Odds on secondary leagues are short; the brand tends to cut winners fast, while the stake limits on the events are mainly low. On the other hand, I like the odds on the top leagues, which can challenge those of Bet365 and are better than Bwin’s. Live streaming and the whole live betting section are state-of-the-art, while the quick withdrawals give an extra boost to the recreational bettors looking for a safe and legit bookie.

Join and grab exclusive bonuses, daily offers and free bets!

Lay hands on exclusive daily bonuses for members only. These promos are limited and are not advertised on the website.

Yes, I have read the Terms & Conditions and I consent to receiving emails from Bookmakers.bet regarding betting promotions, betting guides and news.

BOOK SPY
BC.Game Is The Official Sponsor Of Leicester City For 2024/25 Featured Image

The popular online crypto bookmaker BC.Game has announced that it has become the official partner of Leicester City. The partnership will go on for th...

Read more »

The Effect Of Euro 2024 On Sports Betting Service Providers Featured Image

It is no secret that huge international competitions like Euro 2024 substantially impact all sports betting providers. Besides the day-to-day operatio...

Read more »

How Mbappe’s Injury Affects All Euro 2024 Bets Featured Image

French superstar Kylian Mbappe suffered a broken nose after a collision with Austria’s Kevin Danso. He was later subbed off and was taken to the...

Read more »

Bookmakers With A Dedicated Euro 2024 Section Featured Image

This summer, 24 nations will battle in the 17th edition of the European Football Championship. Scheduled to take place in Germany, the competition is ...

Read more »

How Injuries Affect Euro 2024 Odds Featured Image

As the Euro 2024 approaches, fans are at the edge of their seats. However, as it happens with every major competition, several notable footballers hav...

Read more »

Lucas Paqueta Charged For Betting Breaches Featured Image

The Brazilian international Lucas Paqueta has been charged by the FA for the “improper purpose of affecting the betting market”. Paqueta, ...

Read more »

Tyson Fury vs Oleksandr Usyk Odds Featured Image

After a long wait, the boxing world is finally on the verge of crowing the first undisputed heavyweight champion since 1999, when Lennox Lewis took do...

Read more »

Conor McGregor Partners with Duelbits Featured Image

On May 13th, 2024, Duelbits, a leading site in crypto gambling, issued a press release to announce that it has partnered with MMA legend Conor McGrego...

Read more »

EveryMatrix Record Net Revenue in Q1 Featured Image

EveryMatrix announced that the company achieved a record €39 million in revenue in the year’s first quarter. This constitutes a stunning 66% inc...

Read more »

Conor McGregor Next Fight Odds Featured Image

After a nearly three-year absence, Conor McGregor will fight Michael Chandler in UFC 303 on June 30th. UFC president Dana White announced the clash, w...

Read more »

LATEST BOOKMAKER PROMOTIONS
bookmaker banner
bookmaker banner