Kansspelautoriteit fines EOD Code SRL €37 million for illegal Dutch gambling
Record turnover-based penalty after probe found multiple unlicensed sites and weak controls
Key Takeaways
- Kansspelautoriteit fined EOD Code SRL €37,000,000 on 22 October 2026 for unlicensed gambling offered to Dutch players.
- The investigation started at Instantcasino and expanded to include 11 additional domains linked to EOD Code.
- Ksa cited missing visible age verification and acceptance of cryptocurrency and anonymous payments as aggravating factors.
- The authority applied a turnover-based fine because estimated revenue from Dutch players exceeded standard penalty levels.
- Ksa said enforcement also involves working with payment service providers, hosting companies, banks and major tech firms.
The Kansspelautoriteit imposed a €37,000,000 administrative fine on EOD Code SRL for offering unlicensed games to players in the Netherlands, the regulator announced on 22 October 2026. The Ksa found the company operated multiple sites allowing play from the Dutch market without a licence and had earlier issued a last onder dwangsom against EOD Code.
Scope of the illegal offering
The original investigation focused on Instantcasino, but further checks identified additional websites operated by the same entity: 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 gamble on several of these sites without measures in place to prevent participation from the Netherlands.
Compliance failures and aggravating factors
The regulator found multiple aggravating breaches across the sites, including the lack of visible age verification and the availability of cryptocurrency and anonymous payment methods. Ksa said those payment options facilitate money laundering risks.
Fine calculation and enforcement approach
Because the standard fixed fines did not reflect the revenue Ksa estimated EOD Code derived from Dutch players, the authority chose a turnover-related penalty; this €37,000,000 fine is the highest imposed by Ksa so far for illegal gambling provision. Ksa said enforcement also involves cooperation with payment service providers, hosting companies, banks and major tech firms.
Frequently Asked Questions
What penalty did the Kansspelautoriteit impose on EOD Code SRL and when?
The Kansspelautoriteit imposed a €37,000,000 administrative fine on EOD Code SRL on 22 October 2026. The authority described the penalty as turnover-based and its largest to date for illegal gambling provision.
Which websites did the Ksa identify as operated by EOD Code SRL?
Ksa identified Instantcasino, skyhills.com, slotmonster.com, betiro.com, betblast.com, fastslots.com, goldenpanda.com, sambaslots.com, winningz.com, incognitocasino.com, foxygold.com and luckypays.io as sites linked to EOD Code SRL. The probe began with Instantcasino and expanded after further checks.
Why did Ksa apply a turnover-based fine rather than a standard fixed fine?
Ksa applied a turnover-based fine because it estimated that EOD Code SRL earned more from Dutch players' stakes than would be reflected by the standard fixed penalties. The regulator used that revenue estimate to set the €37,000,000 amount.
What compliance failures did the Ksa cite when fining EOD Code SRL?
Ksa cited multiple aggravating failures, including the absence of visible age verification and the option for visitors to pay with cryptocurrency and anonymous payment methods. The regulator said those payment options facilitate money laundering risks.
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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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