World-renowned online casino, Mr Green was slapped with a fine amounting to AU$505,235.40 by the Kansspelautoriteit (KSA). The Dutch Gaming Regulator found that the casino operator offered online casino games to Dutch gamblers; without a license!
The gambling operator suggested that the failure to implement IP blocking for Dutch gamblers is the reason it was fined. However, the Kansspelautoriteit (KSA) found that the casino offered Dutch as a language option, customer services and payment options tailored for Dutch gamblers. The fine isn’t the only reason that has Mr Green in the spotlight; the company failed to disclose the fine to the public and shareholders. In fact, the company first tried to reverse the fine, but the court ruled in favour of the Dutch gaming regulator; only then did Mr Green issue a press release.
In the press release, Mr Green (MRG) explained that the intention behind the Dutch language option was to cater to ex-pats from the Netherlands. The casino operator further argued that the fine would negatively impact the chances of obtaining an online gambling license when the Dutch government decides to open up the market to international gambling companies. However, the KSA advised that the possibility of the above happening is unlikely according to the Dutch remote gambling bill.
Mr Green not Alone
The report released by the KSA mentioned two other gambling companies affiliated with MRG that engaged in similar offences. However, these companies were let off with a warning. Despite the leniency shown, Mr Green intends on appealing the fine. Mr Green’s press release stated that the company intends on submitting a further appeal, citing another gambling operator that was slapped with a fine by the Dutch Gaming Regulator, Betsson.
Like Mr Green, Betsson also delayed the announcement of the fine. A move that the Swedish media indicates would lead the Stockholm stock exchange to believe that the gambling operator failed to inform shareholders adequately.