KSA Asks Licensees to Stop Offering Cashback Bonuses

Author: Live Casino Direct
 
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Kansspelautoriteit, the Netherlands’ gambling authority, contacted legal online gambling operators and asked them to stop offering cashback bonuses. The bonuses are illegal in the country and encourage excessive gambling. KSA asked licensees to write a letter confirming they will no longer offer such products by December 5.

KSA is monitoring the Dutch market. It found some instances of illegal advertising ahead of the World Cup. Toto Online was fined $414,000 for advertising gambling to young adults. The Netherlands government investigated several operators prior to regulating online gambling. Five of them took bets worth hundreds of millions of dollars without paying any taxes.