Regulatory news. Week №23

07.06.2024
In the Netherlands, the Kansspelautoriteit (KSA) has updated its responsible gaming policy. Operators are now required to appoint an independent risk analyst to assess advertisements for compliance with rules designed to prevent addiction. Additionally, the use of celebrities in gambling advertisements is prohibited. Another critical aspect of the policy is the 24/7 monitoring of player behavior. Operators must respond within an hour to signs of excessive gambling or potential addiction, and further deposits must be blocked for the remainder of the month if:
  • The player cannot deposit due to insufficient funds;
  • The player's deposits exceed the recreational portion of their net monthly income;
  • The player's deposits amount to more than 30% of their net monthly income;
  • A player aged 18 to 24 deposits more than €300;
  • A player over 24 deposits more than €700.
Meanwhile, a recent study revealed that 47% of players would shift to offshore operators if online gambling were banned in the Netherlands.

Latvia Limits Gambling Ad Airtime to Four Hours a Day
Latvia has restricted the broadcast time for gambling advertisements to just four hours a day, from 1:00 AM to 5:00 AM. Additionally, all gambling ads must include clear warnings about the risks and potential for addiction. It is now prohibited to portray gambling as glamorous or financially beneficial. Furthermore, operators are banned from sponsoring events or teams targeting a minor audience.

👨🏻‍⚖️ Indonesia Issues Warnings to Internet Service Providers Over Gambling Sites
Indonesia has issued initial warnings to 26 internet service providers for hosting online casino sites, with three receiving secondary warnings. Platforms like X, Telegram, Google, Meta, and TikTok face fines of up to $31,000 if they continue to host gambling content. Currently, only 35% of operators out of 1,011 have complied with the requirements.

Stay tuned for the latest regulatory updates from the world of gambling! 📰✨