KSA to Fine Gammix If It Doesn’t Exit the Netherlands
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Kansspelautoriteit wants to fine Gammix Limited if it doesn't exit the Netherlands. Gambix is an online gambling operator that doesn’t have a license.
Gammix's iGaming brands are available in the Netherlands. The KSA never licensed Gammx and it is operating as an illegal operator. It has issued a cease and desist order, asking Gambix to pull out from the market. If G Gambix doesn't comply, it could be fined up to $4.5 million.
Gammix has four websites that violate the Netherlands’ Gambling Act. The KSA wants to protect Dutch gamblers from unlicensed online gambling. The regulator is strict but fair to its own licensees. It is constantly checking if they play by the rules. Since the market”s re-regulation in October 2021, the authority s efforts to mitigate the impact of the black market have been largely successful.
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