CryptoGamble.tips»Holland’s Watchdog Slaps Record €19.6m Fine on Gammix Limited

Holland's Watchdog Slaps Record €19.6m Fine on Gammix Limited

Ekaterina Abramova Photo in GTA Style
Published on:
March 6, 2024
Last updated:
March 6, 2024
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The Netherlands' gambling regulator, Kansspelautoriteit (KSA), has wielded its supervisory hammer, issuing its largest fine ever of €19.6 million to Gammix Limited. This hefty penalty comes from the company offering games without the requisite license, a transgression that has drawn the ire of Dutch authorities.
This latest blow to Gammix follows a series of warnings and penalties dating back to June 2022, when the company was first instructed to exit the Dutch market or face weekly fines totaling €1.4 million. Despite these warnings, Gammix persisted, prompting further action from the KSA, which subsequently ordered a fine of €4.4 million for non-compliance in March of the following year. Central to the KSA's decision to levy this unprecedented fine is Gammix's alleged failure to implement measures preventing Dutch players from accessing its online gambling platforms. Despite prior directives, the company purportedly continued to operate websites such as:
  • Rantcasino.com;
  • Betoriginal.com;
  • and Nordslot.com, which remained accessible to Dutch players.

Gammix's Impressive Dutch Revenue

The KSA's investigation, spanning various periods in 2022, revealed persistent accessibility of Gammix's sites to Dutch internet users, with the company allegedly accepting registrations and facilitating transactions from Dutch players. These findings formed the basis of the KSA's decision to impose the substantial fine, amounting to 6.5% of Gammix's estimated Dutch turnover, calculated at €302.7 million.

Gammix Counters with Outrage over Fine

In response to the KSA's enforcement actions, Gammix has vehemently contested the fine, denouncing it as «outrageous and unsubstantiated». Director of Gammix Limited Phil Pearson lambasted the regulator's decision, pledging to oppose it through all available channels vigorously. Pearson criticized the KSA's alleged disregard for communications from Gammix regarding compliance efforts and further information requests. He also refuted the KSA's assessment of turnover, accusing the regulator of basing its calculations on flawed data and failing to provide essential information pertinent to the investigation. While Gammix remains steadfast in its defiance, the escalating confrontation between the company and Dutch authorities underscores the challenges regulators and operators face in navigating the complex landscape of online gambling regulation.
Ekaterina Abramova Photo in GTA Style
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Ekaterina Abramova, with her profound attention to detail and a personal love for mythological and Egyptian-themed slots, has swiftly made her mark at CryptoGamble. Her passion for slots like "Book of Dead" reflects in her meticulous writing, captivating crypto gamblers with her insightful and relatable articles. Just one year into her journey, Ekaterina's dedication to enriching the gambler's experience shines through, inviting readers to join her in exploring crypto gambling with a fresh, informed perspective.
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