Dutch Regulator Warns Players to Remove Funds from Illegal Gambling Websites
Dutch Regulator Warns Players to Remove Funds from Illegal Gambling Websites released via De Kansspelautoriteit’s website, the authority warned players that once an illegal website receives a warning from the regulator, it will be notified that it must withdraw all services from the Dutch market. As a result, many operators won’t allow traffic from the Netherlands to access their site. In this case, players may no longer have access to their accounts and cannot withdraw their funds.
Dutch Regulator Warns Players to Remove Funds from Illegal Gambling Websites for investigation and that it would soon begin the process of issuing warnings to the website operators.
This is the first time that the regulator has made a public announcement of this nature to warn players to be wary of any potential financial losses due to its own regulatory action.
On October 1st 2021, the Netherlands launched a regulated online gambling industry that saw some providers leave the Dutch market. However, there are now multiple legal options for both online sports betting and casino gaming available in the country and De Kansspelautoriteit is eager to push local gamblers towards these legal entities.
Natasha Lyndon
Dutch Regulator Warns Players to Remove Funds from Illegal Gambling Websites
