Dutch KSA Levies Record €37m Fine on EOD Code SRL for Unlicensed Network Targeting Netherlands Players
The KSA issued a record €37m fine on EOD Code SRL for unlicensed gambling via a network of sites including Instantcasino and Skyhills. The revenue-based penalty cited repeat violations, missing age verification, and crypto payments. This marks the regulator’s largest such sanction and broader enforcement approach.
SCCG Take — The record fine demonstrates the KSA’s shift to revenue estimates for disproportionate cases and network-level scrutiny. Illegal operators now face substantially higher financial exposure when repeat breaches are uncovered.
The Kansspelautoriteit (KSA) has imposed a record €37m fine on EOD Code SRL for offering unlicensed online gambling to players in the Netherlands. The penalty is the largest the regulator has issued for illegal offerings and was calculated using estimated revenue from Dutch bettors after standard fines were deemed disproportionate.
As reported by Focus Gaming News, the investigation began with Instantcasino. It expanded upon discovery that Dutch residents could access and play on multiple affiliated sites without effective restrictions. Those sites include Skyhills, slotmonster.com, betiro.com, betblast.com, fastslots.com, goldenpanda.com, sambaslots.com, winningz.com, incognitocasino.com, foxygold.com, and luckypays.io. EOD Code SRL had already received a prior penalty payment order for the same conduct.
The KSA cited aggravating circumstances across the platforms. These included the absence of visible age verification and the acceptance of cryptocurrency together with anonymous payment methods. Such options were noted as facilitating potential money laundering.
The regulator stressed that enforcement is not confined to administrative fines. “Taking action against illegal offerings is not limited to administrative fines, as mentioned here, but also involves intensive collaboration with third parties, such as payment service providers, hosting parties, banks, and major tech companies,” the KSA stated.
Scale of the Violations
The probe revealed a connected network of additional domains beyond the initial target. KSA personnel tested the sites directly and confirmed the lack of geo-blocking or other preventive measures for Netherlands traffic. The repeat nature of the breaches and the breadth of the operator’s online presence informed the elevated penalty.
The Enforcement Benchmark
This revenue-based €37m fine establishes a new ceiling for illegal gambling cases in the Netherlands. It reflects the KSA’s readiness to pursue network-wide reviews when initial findings indicate systemic compliance failures rather than isolated incidents. Future actions will likely continue to combine direct sanctions with coordinated disruption through external partners.
Reporting: Focus Gaming News
Generated by SCCG’s automated editorial system from published source reporting. SCCG Management holds editorial responsibility.
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