KSA Vigilant Against Unlicensed Betting in Harness Racing: A Dutch Regulatory Focus
In a decisive move to uphold the integrity of the Dutch gambling sector, the Kansspelautoriteit (KSA), the Netherlands’ gambling regulator, has issued a stern warning against unlicensed betting activities, particularly in harness racing. This alert serves as a reminder to operators of the critical importance of adhering to licensing rules and regulations.
The KSA’s proactive stance came to light when it discovered a licensed gambling provider offering bets on harness racing without the necessary permissions. Prompt action by the KSA led to the provider ceasing the unlicensed offering within 40 minutes of being contacted, with no bets placed or turnover generated from the activity.
In recognition of the provider’s swift and effective response, the KSA opted for a warning rather than imposing penalties. However, this incident spurred the regulator to send a broader message to the industry, emphasizing the severity of such violations. The KSA’s statement underscored the gambling sector’s vulnerability to fraud and addiction, stressing the importance of strict adherence to established rules.
This action by the KSA is part of its ongoing efforts to maintain a safe and responsible gambling environment in the Netherlands. The regulator’s recent activities include a raid on an illegal bingo event in Dordrecht, which attracted hundreds of participants, including minors. Despite previous actions against the Dordtse Queens bingo business, including a request to Meta to remove advertisements from Facebook, the illegal activities persisted through alternative channels.
The KSA’s vigilant approach to monitoring and enforcing gambling regulations demonstrates its commitment to protecting consumers and ensuring a fair and secure gambling landscape in the Netherlands. This incident serves as a cautionary tale for operators, highlighting the necessity of full compliance with licensing requirements to avoid regulatory repercussions.
SOFTSWISS Jackpot Aggregator Sees 2.6x Surge in Bets: 2023 Report
In a dynamic year for the iGaming industry, the SOFTSWISS Jackpot Aggregator has released its 2023 report, offering insights into significant trends and achievements.
Notably, the report reveals a staggering 2.6 times increase in bets participating in jackpots, shedding light on the growing appeal of these mechanics among operators and players alike.
A Year of Remarkable Growth
Throughout 2023, bets participating in jackpots experienced consistent quarterly growth, witnessing a remarkable 165% increase from January to December. By the end of the year, the total value of these bets had surged to an impressive 6.396 billion euros. Moreover, the number of jackpot campaigns witnessed a substantial growth of 3.8 times compared to the previous year, totaling 230 campaigns.
Expanding Reach and Impact
One of the standout achievements of 2023 was the expansion of the Jackpot Aggregator’s footprint. The number of brands utilizing its jackpot solution tripled within the year, culminating in over 70 active brands by year-end. This surge in adoption reflects a heightened level of market trust and interest in the product.
Introducing the Prime Jackpot Campaign
A significant milestone of 2023 was the introduction of the Prime Jackpot campaign, which debuted in Q4. This innovative feature garnered considerable attention and interest from players across various casinos. The Prime Jackpot campaign allows operators to participate in shared prize pools, ensuring that rewards are drawn from the collective pool rather than from a specific brand operator. This approach not only offers larger rewards to attract more players but also enhances player engagement and loyalty while optimizing operational costs for operators.
Insights from SOFTSWISS
Aliaksei Douhin, Head of SOFTSWISS Jackpot Aggregator, shared his insights into the year’s achievements. He emphasized the noticeable increase in clients and connected casino brands, as well as the growing volume and value of bets in jackpots. He expressed satisfaction in witnessing clients actively embracing the Jackpot Aggregator and recognizing the added value it brings to their brand operations. The solution empowers operators to provide players with enhanced gaming experiences and more enticing winnings. Client feedback is actively collected and analyzed to ensure clients have access to the most sought-after tools and mechanics.
Looking Ahead to 2024
In 2024, the SOFTSWISS Jackpot Aggregator is set to extend its reach to a wider spectrum of clients. This expansion will be guided by a customized approach, ensuring that each client can tailor the product’s capabilities to meet their specific requirements.
Meet SOFTSWISS at ICE London
The SOFTSWISS Jackpot Aggregator team will be present at ICE London from February 6th to 8th, 2024. They are ready to showcase their latest advancements and engage in discussions with existing and potential clients.
SOFTSWISS is a renowned international iGaming company that offers certified software solutions for managing gambling operations. With a dedicated team of over 2000 employees spread across Malta, Poland, and Georgia, SOFTSWISS holds multiple gaming licenses and provides comprehensive iGaming software solutions. Their diverse product portfolio includes the Online Casino Platform, the Game Aggregator featuring thousands of casino games, the Affilka affiliate platform, the Sportsbook software, and the Jackpot Aggregator. In 2013, SOFTSWISS made history by introducing the world’s first Bitcoin-optimized online casino solution.
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