On June 16th, the Fiscal Information and Investigation Service (FIOD) alongside the Public Prosecution Service raided properties belonging to the former owners of a high profile illegal online casino that operated in the Netherlands. The raids resulted in six arrests in various locations both in the Netherlands and abroad.
Online gambling is still currently illegal in the Netherlands, but it’s believed that the suspects involved still managed to earn as much as €250M from Dutch gamblers.
The operation involved raids of properties in the Netherlands, Belgium, Luxembourg, Sweden, Malta, Curacao, Austria, and Switzerland. This resulted in the confiscation of €100M in assets including property, jewelry, art, cars, boats, along with cash and money in bank accounts.
Dutch Prosecutors Seize €100M From Former Owners of Illegal Online Casino doesn’t mention the regulator’s involvement in the case. Dutch Prosecutors Seize €100M From Former Owners of Illegal Online Casino suggests that the suspects arrested may be the former owners of Oranje Casino. Oranje Casino was sold to Betsson in 2014, but it’s believed that a related software platform known as Swissgame that was not part of the sale could be at the root of the Public Prosecution Service investigation. Dutch Prosecutors Seize €100M From Former Owners of Illegal Online Casino