KSA orders FBC BV to pay €280,000 weekly over unlicensed Dutch gambling
The Netherlands Gaming Authority ordered Curaçao-based FBC BV to pay a weekly penalty of €280,000, capped at €840,000, over gambling offered to Dutch users through FreeBitco.in without a licence. The KSA said users could register, deposit funds and bet, including on sports, and that a 5 November re-inspection found Dutch users could still place bets. FBC BV has objected to the decision; the penalties remain in place pending further proceedings.
FBC BV faces recurring penalties while its objection proceeds over unlicensed gambling offered to Dutch users.