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KSA orders LuckyGem to stop Dutch gambling activities or face penalties up to €974,000
By The Weekly Edge desk · · Updated
Summary
The KSA issued LuckyGem an order carrying potential penalties of up to €974,000 for offering online gambling illegally in the Netherlands, CasinoNieuws.nl reported. The regulator seeks to make its Costa Rican parent, Virtual Connect Sociedad de Responsabilidad Limitada, cease Dutch operations.
Why it matters
LuckyGem’s parent faces penalties up to €974,000 unless it ceases the Dutch gambling operations targeted by the KSA.