Heavy Fines For Illegal Dutch Online Gambling Companies

Tuesday June 10,2014 : DUTCH REGULATOR WARNS OFF ONLINE BETTING COMPANIES
 
Heavy fines and exclusion from future licensing process threatened.
 
The Dutch gambling regulator has shown its teeth in the run-up to the World Cup football and the Tour de France, warning foreign betting companies to stop targeting players in the Netherlands on pain of heavy fines and being excluded from the future online gambling licensing regime set to start next year.
 
Dutch News  reports that online gambling is currently illegal in Holland although changes in the law are expected to come into effect in 2015.
 
The Dutch gambling authority confirmed that it has contacted ten major betting firms but declined to identify these.