With the election that is closer in the Netherlands, the political discourse around the country’s gaming framework has continued to intensify.
Center-right party, The VVD, Has presented plans to expand the Chancellor’s Playerorititis (KSA) powers if it were to achieve success in the hotly expected Dutch election.
Central to these plans is the increasing enforcement measure over the gaming sector and strengthens protective measures against illegal play.
The party detailed the importance of cooperation throughout Europe, as the continent begins the challenge of stifling the black market commitment.
In its manifesto, it described that “a creative strategy” is needed when it comes to handling the black market, in line with the approach to taking out criminal networks.
Legal Protection Secretary Teun Strucka is currently on top of a list of Remote game Act 2021 (KOA) Reforms that already predict that the game controller will be equipped with more forces. The CEO now promises to speed up this process.
The party’s focus on games is probably driven by continuous warnings from the sector that the black market has now reached a moving size, which threatens Dutch consumers.
At the last Gaming in the Holland Conference, ArjanblokCEO for Dutch lotterystated that 25% of customers work with unlicensed operators, leading to a loss of EUR 1.3 billion.
The CEO has placed a strong focus on dealing with these problems. Its manifesto To address the black market, the right weight is due to the size of the party. It was one of the four-party coalitions government that Fell apart earlier this yearWhich led to new elections being planned until October 29.
It comes after warnings from the controller that the operators must do more to mitigate the threat of money laundering.
It confirmed that it has issued three named operators with instructions related to The Act on Money Laundering and Law for Funding Terrorism (Prevention) (Wwft).
After an investigation, KSA found that the operators in question had not met WWFT and its guidelines.
In particular, the controller observed that suppliers do not always investigate the source of the players’ funds, and there were additional deficiencies related to the risk classification of players.
“KSA’s current instructions require suppliers to follow the WWFT guidelines and to terminate the violations. If a subsequent inspection reveals that this is not the case, a more serious sanction may be imposed, such as a penalty or a fine,” warned the regulator.
