Dutch Court Rules that Former Owners of Illegal Online Casino Must Pay €24.6 Million

Dutch Court Rules that Former Owners of Illegal Online Casino Must Pay €24.6 Million

Case against Amsterdams Casino dragged on for over a decade

Dutch Court Rules that Former Owners of Illegal Online Casino Must Pay €24.6 Million - Thursday, February 2nd, 2023 10:18

Gambling industry legal action

A Dutch court has ruled that the former owners of Amsterdams Casino must pay €24,640,715 to the state following a decade-long investigation and legal case surrounding the operations of an unlicensed online casino.

Dutch Court Rules that Former Owners of Illegal Online Casino Must Pay €24.6 Million

The judge agreed that the sentence demanded by the Public Prosecution Service was appropriate. However, the court also ruled that those found guilty would each receive a reduction of 10% of their financial penalty due to the fact that the case took an exceptionally long time to come to an end.

The court ruled that Amsterdams Casino owner Stijn F. must pay €6,889,958, which comes to €6,200,962 following the 10% deduction. Brothers Maurice and Michel G. will have to pay €2,565,211 and €692,755 respectively. Various companies and individuals involved also have to make payments to the state of €4,355,000, €632,417, €570,675, and €134,133.

Those involved in the case also face possible penalties from the local tax authorities. According to the latest reports on the case, the state is demanding a total of €13.5 million in unpaid taxes based on the calculated income of the unlicensed online casino.

Dutch Court Rules that Former Owners of Illegal Online Casino Must Pay €24.6 Million
Olivia Richardson

Olivia has worked as an editor and writer for major brands across multiple niches. She now focuses on the iGaming and sports betting industries.