1XBet gets a €400.000 fine in Netherlands

27 Feb 2019

dutch betting sitesThe Dutch gambling regulator KSA has issued 1XBet with a huge fine in the amount of €400.000 for offering its services at the customers of the territory without having any licenses to do so. Both the domains 1xBet.com and xbet-1.com had the Dutch language, as well as the option for the players to deposit their account via specific Dutch payment methods. In addition, the KSA is after the parent company 1X Corp. N.V and their 83 gambling domains offering their services to the Dutch players. 1X Corp. N.V told from their site that these are not extra gaming websites since in order to be accessible the players should just enter their 1xBet.com and xbet-1.com credentials.

We should remind that currently, online gambling in the Netherlands is under reshaping and for now, is illegal and that has led to some big operators to be fined by the KSA, in the likes of William Hill (€300.000), Betsson Group (€300.000), MRG (€312.000). KSA chair René Jansen told: «Online gambling in the Netherlands is illegal; under the current legal regime for companies, it is not possible to get a license for offering online games of chance. Consumers are not assured of a safe game on an honest market with illegal providers». The licenses are about to be issued in mid-2020.

10,000+ have already benefited from Bookmakers.bet

Register to our newsletter and be the first to get our exclusive bonuses and promotions. Fill in your name & email and stay tuned on the latest offers and the new bookmakers in your country.

I agree with the terms of use.

BOOK SPY

  The English Football League (EFL) defends its gambling sponsorships, as the UK government considers a potential prohibition on all betting oper...

Read more »

William Hill posted a positive Q3 net revenue increase in its online operations. It announced a 4% increase in the UK and 6% internationally for the t...

Read more »

The Spanish Directorate General for the Regulation of Gambling (DGOJ) has awarded a gambling license to William Hill’s sports betting subsidiary Mr Gr...

Read more »

The Regional Council of Darmstadt in Germany has awarded its first 15 betting licenses with immediate effect. Among the renowned operators that now ho...

Read more »

GVC Group, owner of Ladbrokes and Coral, has put pen to paper on the acquisition of Portuguese online operator Bet.pt in an effort to expand its posit...

Read more »

The Lithuanian Gambling Supervision Service, running under the Ministry of Finance, has issued updated ‘know-your-customer’ guidelines in an effort to...

Read more »

US casino operator Caesars Entertainment has reached terms to overtake British bookmaker William Hill through a £2.9bn deal. The deal, typically await...

Read more »

The renowned sports betting operator 22Bet has decided to completely cease its operations in the United Kingdom as of October 13, 2020. All of its pla...

Read more »

Everton has landed yet another important deal by teaming up with Parimatch, appointing it as the club’s official betting partner in Europe and in the ...

Read more »

Online sports betting operator 22Bet has reached an agreement with French Ligue 1 champions Paris Saint-Germain. The two-year deal, ending 2022, will ...

Read more »

Latest Betting Offers