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KSA imposes fine on Onisac Ltd for the Second Time

George Miller
April 11, 2019
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KSA imposes fine on Onisac Ltd for the Second TimeReading Time: 1 minute

 

KSA, the Dutch Gaming Authority, has imposed a fine of 450,000 euros on Onisac Limited. Onisac, based in Gibraltar, is the company behind the casino.com website.

The fine of 450,000 euros has various components. EUR 200,000 was imposed for offering online games of chance. The remaining 50,000 euro fine was imposed for charging unreasonable administration costs.

Onisac already received a fine from the KSA in 2013. René Jansen, chairman of the KSA: ‘This is a repeat offender. That makes the violation extra harmful and is reason to double the fine. “

The company charged players 5 per cent administration fee per month if they were inactive for 180 days, with a minimum of 15 and a maximum of $500.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: KSA imposes fine on Onisac Ltd for the Second Time

George Miller

George Miller

George Miller began his career in content marketing before joining the HIPTHER team in 2016 as an Editor and Content Manager. His ability to distill complex regulatory data into newsworthy B2B content led to his appointment as Head of Content in 2017.…

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At the heart of the ever-evolving gaming and technology sectors lies EEGaming.org, a premier B2B platform and the definitive Intelligence Hub for industry leaders. As a flagship publication of HIPTHER, we bridge the gap between regional heritage and global innovation, redefining how the industry connects, informs, and inspires.

Expertise & Evolution – More Than Just News

Reaching a vast network of decision-makers, EEGaming.org goes beyond the headlines to deliver high-stakes intelligence and strategic foresight. From the intricacies of European regulations to the rapid evolution of global tech, we provide comprehensive coverage across the verticals that drive the industry:

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