Regulator Fines Shark77 For Unlicensed Gambling Activity in the Netherlands
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Regulator Fines Shark77 For Unlicensed Gambling Activity in the Netherlands

Company offered sports betting and casino games to Dutch players

by - Friday, January 20th, 2023 9:57
Kansspelautoriteit Dutch Gambling Regulator
Regulator Fines Shark77 For Unlicensed Gambling Activity in the Netherlands online gaming operator Shark77 €900,000 for allowing players in the Netherlands to play through its website despite the company having no license to operate.

Regulator Fines Shark77 For Unlicensed Gambling Activity in the Netherlands

Speaking of the fine, René Jansen, chairman of the KSA stated:

Regulator Fines Shark77 For Unlicensed Gambling Activity in the Netherlands

Shark77 is licensed by the Malta Gaming Authority and operates CasinoWinNow, 18bet and SportEmpire.

This is the first fine imposed by the KSA in 2023 and brings the total for 2023 past the €2.2 million mark.  Gambling industry fines in 2022 came to €251,712,034 / $269,532,490 – a significant increase of 443.9% compared to 2021’s total of €44,753,969 / $48,642,992.

Ciaran McEneaney
Regulator Fines Shark77 For Unlicensed Gambling Activity in the Netherlands