The €1m fine relates to Dutch players gambling on the unlicensed website time2spin.com, which is recognised as a subsidiary of Alimaniere Ltd.
Despite the website being IP-blocked, a KSA investigation revealed that “the provider had created another website, timetospin1.com. Dutch players could use the account they had previously created on the other website.”
The KSA has taken action to block both websites. The €1m penalty was imposed due to the combined unlicensed activities of both websites operated by Alimaniere Ltd.
The statement highlighted that the KSA had evidence “that there were various factors which resulted in a higher fine than the basic fine of €600,000 being imposed.”
Last week, the KSA sanctioned a new ‘General Policy of Fines’ for its governance..