Gammix Limited, a Malta-based online casino firm, has been fined 19.7 million euros by the Dutch Gaming Authority (KSA) for offering unlicensed gambling to players in the Netherlands. This is the highest fine ever imposed by the KSA, and it was levied against a company which was previously fined four million euros for similar violations. The previous record was 12 million euros charged to N1 Interactive Limited and a fine of 10 million euros against Videoslots Unlimited
The company runs 21 different online casinos, according to their Malta Gaming Authority license. Dutch law requires companies that offer online gambling to carry a license to operate in the Netherlands when providing services to users in that country. The amount of the fine is equivalent to 6.5 percent of the estimated gross revenue generated from users in the Netherlands, after also factoring in unfair business practices.
