In a significant development, the Dutch Gaming Authority (KSA) has significantly reduced the fine imposed on Videoslots, a prominent online casino operator.
Originally, in March 2023, the KSA slapped Videoslots with a hefty €9,900,000 fine. This record-breaking penalty was calculated based on 4% of the company’s 2021 turnover.
However, Videoslots’ legal team wasn’t backing down. They contested the fine, arguing that the KSA had relied on inaccurate SimilarWeb data to assess the company’s turnover. The KSA acknowledged the validity of this claim and subsequently revised the fine.
Furthermore, Videoslots pointed out a flaw in the case, highlighting that a user accessed the site from Germany using a VPN in the Netherlands. This was deemed insufficient grounds to justify the fine.
With these arguments in their favor, Videoslots has been actively fighting the KSA’s decision. Despite the substantial reduction, the operator remains defiant and plans to appeal the new fine.
For affiliates working with Videoslots, it’s crucial to note that the operator is currently withdrawing from unregulated markets. As affiliates, understanding this shift is essential for aligning your strategies and expectations, especially if you are running RevShare campaigns to promote this brand.