The Dutch Gambling Authority (KSA) has issued a €6.1 million fine to CB Investments B.V., the company behind the FreeBitco.in platform, for offering unlicensed online gambling services in the Netherlands.
An investigation by the KSA revealed that FreeBitco.in allowed users to participate in games of chance using cryptocurrencies, including Bitcoin, without obtaining the required license. The platform’s operations violated Dutch regulations aimed at protecting players and ensuring a fair gaming environment.
René