As stated by the KSA: “The New General Policy of Fines aims to ensure penalties are appropriate and serve as punitive and preventive measures. It seeks to deter violations and promote compliance with gambling regulations.”
The KSA has broadened the scope of fines to cover specific violations determined by the Remote Gambling Act (KOA) and the Netherlands Money Laundering and Terrorist Financing (Prevention) Act (Wwft).
The new fine policy will be applied across five categories, with basic fines ranging from €500 in Category 1 to €2,000,000 in Category 5.
Category 5 fines will be exclusively applied to Wwft violations. For non-Wwft violations falling under Category 4, the KSA may also impose a turnover-related fine amounting to 3% of the offender’s gross turnover to enhance the impact of the fine on the..