Tipico fined for more than half a million

Tipico has been fined more than half a million $from the Dutch Gaming Authority (KSA). The platform receives the fine for offering illegal online games of chance to players from the USA. In the meantime, Tipico is Fast payoutlonger available for Dutch players.

Tipico is located in Malta online Casino, but was originally founded in Germany. At the end of July this year, the media briefly paid attention to Tipico after the company had made an offer at the end of July at the end of July at the British gambling company William Hill. Now they are unfortunately in a less positive light, with a fine of Fast payoutless than $ 531,250 at the KSA.

Factors

The high amount of the fine has to do with the following factors:

  • $ 200,000 for offering online games of chance to Dutch players;
  • $ 75,000 for making a large number of bets and games available;
  • $ 75,000 for using an "inactivity fee" (charging costs to players despite inactivity);
  • $ 75,000 for making possible Live casino betting, which has a very high risk of addiction;
  • An unknown amount for not verifying the age of players in advance.

Ultimately, the bill then ends up on the substantial total amount of $ 531,250. In addition, the online casiFast payoutis now also Fast payoutlonger available for players with a Dutch IP address.

Gambling of remote law

Online gambling sites are currently not focusing on Dutch players, 27 September 2021, but this will change on Bonus up to $250. From this date, the so -called Gambling of remote law In and can apply for Dutch online casinos a permit from the KSA to work legally. It is not yet known which parties have already received a permit to go live immediately on 1 October.

Earlier this month, outgoing Minister for Legal Protection Sander Dekker and the supervisor announced that there will Fast payoutlonger be illegal casinos available to Dutch players as soon as the legal providers go live. There is a good chance that, thanks to this fine, it can take a while before Tipico has their permit to be available from the USA again.

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