Dutch Court Rules that Former Owners of Illegal Online Casino Must Pay €24.6 Million
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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.
In December of 2022, the matter finally came to court as the Public Prosecution Service’s sentencing demands against the organization behind Amsterdams Casino and Sheriff Gaming were heard. Yesterday, the District Court of East Brabant made its final ruling on the case.
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.
Since the investigation launched in 2012, those involved have faced criminal charges including membership of a criminal organization and money laundering. However, while sentences have been issued, the lengthy appeal process has meant that none have served any prison time as of yet.
Olivia RichardsonOlivia has worked as an editor and writer for major brands across multiple niches. She now focuses on the iGaming and sports betting industries.
