Winbet NV gets what it deserves: cheating doesn't pay!
Finally, the Dutch gambling authority KSA has taken action again and shown exactly the right people what's wrong! This time it has caught Winbet NV, a company that obviously thought it could operate illegal gambling services in the Netherlands without being disturbed. Wrong thought! Winbet has now been put under a hefty fine of 280.000 euros per week, which can add up to 840.000 euros. Anyone who operates without a license gets the punishment they deserve - and Winbet desperately needs it.
The good old “we simply ignore the rules” approach no longer works. Winbet NV is a group we have been warning about for a long time, probably thought they could be clever and their illegal websites galaxyspins.com, electricwins.com, superb1.bet and doctorspins.com run unhindered. In their world, it didn't seem to matter that they didn't have a license to operate in the Netherlands (and didn't have a license anywhere else). But the plan backfired badly.
The KSA has thoroughly investigated Winbet's activities and found that Dutch players could easily open accounts on these sites, deposit money and gamble to their hearts' content. There were no measures in place to prevent players from the Netherlands from taking advantage of the tempting offers. Yes so, dear people at Winbet, the KSA has now shown you that you cannot continue like this.
Winbet NV blocks your players or continues to pay!
A lesson for life, Winbet NV: If you don't stop, you have to pay - and not a small amount. The KSA has not been stingy here. 280.000 euros per week – that is quite a statement. Yes if Winbet thinks it can just carry on, the penalty will rise to a maximum of 840.000 Euros. If you think this is just a minor warning, you are wrong. That is the price you pay for thinking you can ignore the rules in the Netherlands.
The casinos around Winbet NV are now under an increasingly questionable reputation, and it is only a matter of time before the players are affected as well. As already mentioned, galaxyspins.com and superb1.bet on our fraud and rip-off list. Players who continue to play there may soon have problems when it comes to withdrawing their winnings.
But why didn't they even bother to at least take technical precautions to exclude Dutch players? It's simple: they were only interested in pocketing as much money as possible. Well, that's what you get, Winbet. Maybe next time you'll think twice before playing such dubious games again.
BlockDance BV? They're already up!
Yes as if that wasn’t enough, Winbet NV is not alone in this quagmire. The KSA recently also BlockDance BV They had similar ideas and thought that they could use their platforms bc.game and bcgame.lu operate in the Netherlands without a license. Here, too, access for Dutch players was initially blocked, but then reopened - and, whoosh, the KSA was there and imposed the next penalty.
The lesson is clear: there is no mercy for companies that don't play by the rules. Yes it shows that the Dutch authorities take their job very seriously when it comes to protecting their players. So it's safe to say: Winbet NV and BlockDance BV both got exactly what they deserve!
In the end, all that remains to be said is: Your own fault, Winbet NV! Anyone who operates without a license has to live with the consequences. Yes in this case, the consequences are severe fines that will hit you hard. Maybe this is the lesson you need to work a little more carefully in the future. Or do you really want to pay such sums every time you get caught?
But hey, what the heck? You deserve it! The KSA has finally taken action again, and that's a good thing. Let's just hope that this is a warning to all the others who think they can do mischief without a license.