Close Menu
    Facebook LinkedIn YouTube WhatsApp X (Twitter) Pinterest
    Trending
    • How AI Policy in South Africa Is Ruining Itself
    • Dual iris laser projector offers theater blacks
    • The Startup World Cup is your chance to pitch in Silicon Valley and win $1.4 million
    • 13 Best Coolers for Sunshine and Nighttime (2026)
    • Which States Actually Have the Best Laws Against License Plate Surveillance?
    • Portable smart TV, art frame, tablet
    • Former Startmate boss Michael Batko is back in founder mode building with Hourglass AI
    • Why Sharing a Screenshot Can Get You Jailed in the UAE
    Facebook LinkedIn WhatsApp
    Times FeaturedTimes Featured
    Wednesday, April 29
    • Home
    • Founders
    • Startups
    • Technology
    • Profiles
    • Entrepreneurs
    • Leaders
    • Students
    • VC Funds
    • More
      • AI
      • Robotics
      • Industries
      • Global
    Times FeaturedTimes Featured
    Home»News»Unibet slapped with massive $4.6M fine for duty of care failures
    News

    Unibet slapped with massive $4.6M fine for duty of care failures

    Editor Times FeaturedBy Editor Times FeaturedDecember 3, 2025No Comments2 Mins Read
    Facebook Twitter Pinterest Telegram LinkedIn Tumblr WhatsApp Email
    Share
    Facebook Twitter LinkedIn Pinterest Telegram Email WhatsApp Copy Link


    The playing authority within the Netherlands, generally known as Kansspelautoriteit (KSA), has fined Optdeck Service Restricted (which affords video games of probability below the Unibet model title) a significant €4,000,000 ($4.6 million) fantastic.

    This mega fantastic is because of the firm not complying with responsibility of care within the interval of July 14, 2022, to July 1, 2024, in keeping with the KSA. Within the Netherlands, playing corporations should defend gamers from extreme participation and playing dependancy, however the regulator says Optdesk has not complied sufficiently with that responsibility of care. This comes solely months after the KSA hit Optdeck with a €450,000 ($524,160) fine in September.

    In an announcement by way of the authority board, they clarify how they requested a number of participant information from the playing operator and “discovered that every one information referred to non-compliance with the responsibility of care.”

    “For instance, within the occasion of indicators of excessive enjoying conduct, gamers who deposited hundreds of euros a day weren’t intervened in a well timed method and revenue info was solely requested after a couple of weeks, whereas by that point they’d already suffered very massive losses,” the KSA stated in a translated submit.

    Chosen interventions have been too gentle, KSA says about Unibet

    They continued to counsel that the chosen interventions have been ‘far too gentle,’ with an instance being an easy-to-click pop-up. Additional checks have been included too, like monetary knowledge, and the regulator says revenue that it doesn’t permit for use, akin to a enterprise account, was additionally included.

    Michel Groothuizen, chairman of the Ksa, stated in a translated quote: “When there are indicators of excessive playing conduct and somebody bets an enormous sum of money in a short while, a supplier should examine the origin of the cash in time.

    “This may be completed by requesting revenue knowledge. It’s important that suppliers perform this evaluation adequately, as a result of not all monetary assets might merely be included. The Ksa takes violations of the responsibility of care very critically and can proceed to behave onerous in opposition to them.”

    Featured Picture: AI-generated through Ideogram

    The submit Unibet slapped with massive $4.6M fine for duty of care failures appeared first on ReadWrite.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Editor Times Featured
    • Website

    Related Posts

    The European Commission issues preliminary DSA findings against Meta, saying Instagram and Facebook fail to prevent under-13 users from accessing the services (Gian Volpicelli/Bloomberg)

    April 29, 2026

    Alberta online gambling expansion sparks concern among First Nations casino operators

    April 29, 2026

    Better Markets urges courts to let states regulate prediction markets, not CFTC

    April 29, 2026

    Q&A with Sam Altman and AWS CEO Matt Garman about OpenAI’s new partnership with AWS, Bedrock Managed Agents, Trainium chips, and more (Ben Thompson/Stratechery)

    April 28, 2026

    Snapchat launches AI Sponsored Snaps, a conversational ad format in the Chat tab that lets users talk to brand-specific AI agents for product recommendations (Aisha Malik/TechCrunch)

    April 28, 2026

    AI researchers launch talkie, a 13B vintage language model trained on historical text with a 1930 cutoff, to see if it can replicate scientific breakthroughs (talkie)

    April 28, 2026

    Comments are closed.

    Editors Picks

    How AI Policy in South Africa Is Ruining Itself

    April 29, 2026

    Dual iris laser projector offers theater blacks

    April 29, 2026

    The Startup World Cup is your chance to pitch in Silicon Valley and win $1.4 million

    April 29, 2026

    13 Best Coolers for Sunshine and Nighttime (2026)

    April 29, 2026
    Categories
    • Founders
    • Startups
    • Technology
    • Profiles
    • Entrepreneurs
    • Leaders
    • Students
    • VC Funds
    About Us
    About Us

    Welcome to Times Featured, an AI-driven entrepreneurship growth engine that is transforming the future of work, bridging the digital divide and encouraging younger community inclusion in the 4th Industrial Revolution, and nurturing new market leaders.

    Empowering the growth of profiles, leaders, entrepreneurs businesses, and startups on international landscape.

    Asia-Middle East-Europe-North America-Australia-Africa

    Facebook LinkedIn WhatsApp
    Featured Picks

    Sym cruisym 400: A perfect Burgman alternative

    February 17, 2026

    Nevada pushes appeals court to reject Polymarket bid pause request

    March 26, 2026

    Illinois’ per-bet tax triggers sharp wagering decline, intensifying industry concerns

    November 19, 2025
    Categories
    • Founders
    • Startups
    • Technology
    • Profiles
    • Entrepreneurs
    • Leaders
    • Students
    • VC Funds
    Copyright © 2024 Timesfeatured.com IP Limited. All Rights.
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us

    Type above and press Enter to search. Press Esc to cancel.