According to the KSA’s announcement, Blue High House allows customers in the Netherlands to gamble through its concreteline.ag website. The company is not licensed or approved for online gambling in the Netherlands.
As a result, the KSA has issued an order subject to a financial penalty to the company. The order states that the company must withdraw from the Dutch market or it will face a penalty of €43,000 ($45,332) per week up to a maximum of €129,000 ($135,997).
Netherlands Regulator Fines Blue High House Over Illegal Online GamblingThe latest order from the KSA follows last week’s issuance of a fine to LCS Limited. The company was fined €2.07 million ($2.2 million) for unlicensed gambling activity.
Netherlands Regulator Fines Blue High House Over Illegal Online Gambling to more than €388,176,716 ($409,159,587) while the KSA’s fines make up almost €12.8 million ($13.5 million) of that figure. According to the latest figures, 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).
Gambling industry journalist with a background in online poker and trading. Covering the regulated U.S Sports industry and the exciting world of online poker.