Dutch Gaming Authority fines EOD Code SRL over illegal gambling on multiple sites
KSA chose a revenue-based penalty and says this is its largest fine to date.
Key Takeaways
- The KSA fined EOD Code SRL on 26 October 2026 for offering unlicensed gambling in the Netherlands.
- Investigations began with Instantcasino and expanded to 11 additional websites linked to EOD Code SRL.
- KSA found absent age verification and acceptance of cryptocurrency and anonymous payments on several sites.
- A revenue-related fine was chosen because KSA estimated higher earnings from bets by Dutch players.
- KSA says this is the highest fine it has imposed for illegal offerings to date and works with payment and tech partners.
The Dutch Gaming Authority (Kansspelautoriteit, KSA) imposed a fine on EOD Code SRL for offering illegal gambling in the Netherlands on 26 October 2026. The KSA found the operator ran games of chance without a licence on multiple websites and had already issued a penalty payment order prior to the fine. Regulatory action is ongoing.
Scope of the illegal offering
KSA investigators first focused on Instantcasino, but further enquiries identified additional sites linked to EOD Code SRL: skyhills.com, slotmonster.com, betiro.com, betblast.com, fastslots.com, goldenpanda.com, sambaslots.com, winningz.com, incognitocasino.com, foxygold.com and luckypays.io. KSA employees were able to place bets on several of these sites without technical measures preventing participation from the Netherlands.
Aggravating factors and payment methods
The regulator recorded multiple aggravating circumstances across the sites, including the lack of visible age verification and the option for visitors to pay with cryptocurrency and anonymous payment methods. KSA noted these payment options "facilitate money laundering." The combination of unrestricted access and anonymous payments increased the gravity of the breaches.
Rationale for the fine and enforcement approach
When standard administrative fines would be disproportionate to estimated revenue, KSA may impose a revenue-related fine. The authority estimated EOD Code SRL earned more from bets placed by Dutch players and therefore selected a higher, revenue-based penalty. KSA confirmed this is the highest fine it has imposed for illegal offerings to date. The regulator said enforcement also entails intensive collaboration with payment service providers, hosting parties, banks and major tech companies to disrupt illegal services. Full enforcement updates.
Frequently Asked Questions
When did the KSA fine EOD Code SRL?
The fine was imposed on 26 October 2026. The KSA had previously issued a penalty payment order before escalating to the fine.
Which websites did the KSA identify as offering illegal gambling?
Investigators initially focused on Instantcasino and then identified skyhills.com, slotmonster.com, betiro.com, betblast.com, fastslots.com, goldenpanda.com, sambaslots.com, winningz.com, incognitocasino.com, foxygold.com and luckypays.io as linked to EOD Code SRL.
Why did the KSA apply a revenue-related fine rather than a standard administrative fine?
KSA chose a revenue-based penalty because it estimated that EOD Code SRL earned more from bets placed by Dutch players, making a revenue-related amount more appropriate than the standard fines.
What aggravating factors did the KSA cite in its decision?
KSA cited lack of visible age verification on various websites and the option for visitors to pay with cryptocurrency and anonymous payment methods, which the regulator said facilitate money laundering.
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About the author
Eleanor Whitfield
Regulatory Affairs Correspondent
Eleanor Whitfield tracks gambling legislation, licensing decisions, and regulator enforcement across key markets — from the UKGC, MGA, and Germany's GGL to Spain's DGOJ and the state-by-state map in the Americas. The reporting answers three questions precisely: what changed, where, and who it affects, with jurisdictions, effective dates, and penalty figures named exactly as published. Compliance officers and operators read Eleanor Whitfield to know which rulebook moved before their next board meeting.
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