KSA imposes €280,000 weekly penalty order on Vave’s owner
The Netherlands Gambling Authority, KSA, definitively ordered Chestoption, Vave’s owner, to stop offering unlicensed online gambling in the Netherlands. The order sets a penalty of €280,000 per week, capped at €840,000, and gives the company four weeks from the decision date to comply; the authority said Chestoption had not submitted a response to the proposed enforcement action.
The order exposes Vave’s owner to escalating financial penalties if Dutch players continue to access its gambling services.