Betsson appeals €300k penalty issued to Dutch-facing subsidiary

Swedish online gambling operator Betsson AB is challenging the €300k fine imposed on its Dutch-facing subsidiary by the local gambling regulator.

On Monday, Betsson announced that its Corona Ltd subsidiary had appealed the €300k penalty imposed last month by the Netherlands’ Kansspelautoriteit (KSA) regulatory body for Corona’s Malta-licensed Oranje and Kroon online casino sites serving local punters without the KSA’s approval.

Betsson’s statement claims that Corona “maintains its prior position that its operations comply with applicable laws and regulations in the absence of an EU-compliant gambling legislation in the Netherlands.” Should the appeal fail, Corona will “refer the matter on appeal to a court of law to defend its rights.”

The KSA levied the penalty after determining that the Corona brands had violated several of its edicts, including failing to bar Dutch punters and suggesting that these customers utilize the “most popular payment method in Holland,’ aka e-commerce outfit iDEAL.