Kansspelautoriteit fines EOD Code SRL €37 million for unlicensed offer
Sanction covers multiple unlicensed sites and is Ksa’s largest to date
Key Takeaways
- The Kansspelautoriteit fined EOD Code SRL €37 million on 22 October 2026 for offering gambling without a licence in the Netherlands.
- The investigation began with Instantcasino and identified additional sites including skyhills.com and a list of eleven platforms.
- The Ksa found no visible age verification on several sites and noted use of cryptocurrencies and anonymous payments that facilitate money laundering.
- EOD Code had previously received a last onder dwangsom related to the same activity.
- The Ksa based the fine on an estimated turnover from Dutch players; at €37 million it is the authority’s largest fine for illegal offering to date.
The Kansspelautoriteit fined EOD Code SRL €37 million for offering gambling without a licence in the Netherlands, according to the decision published on 22 October 2026. The case began with proceedings against Instantcasino; subsequent investigation identified other sites linked to the same entity.
Scope of the illegal offering
The Ksa found that EOD Code offered betting and gambling accessible from the Netherlands on several unlicensed platforms, including Instantcasino and Skyhills. Further examination additionally identified the sites skyhills.com, slotmonster.com, betiro.com, betblast.com, fastslots.com, goldenpanda.com, sambaslots.com, winningz.com, incognitocasino.com, foxygold.com and luckypays.io.
Aggravating factors found
On several of those sites there was no visible age verification for users. Visitors could pay with cryptocurrencies and anonymous payment methods which, the Ksa concluded, facilitate money laundering. EOD Code had previously received a "last onder dwangsom" (coercive penalty order) related to this activity.
Calculation and purpose of the fine
The Ksa explained it can impose sanctions based on turnover when standard fines do not reflect the revenues obtained from illegal activity. The authority estimated that EOD Code derived higher revenues from bets by Dutch players and therefore applied the fine on the basis of an estimated turnover. The €37 million sanction is the highest the Ksa has imposed so far for an illegal offering.
External cooperation
The Ksa stressed that its enforcement against illegal gambling combines administrative sanctions with intensive cooperation with third parties, including [payment service providers](/payments), hosting companies, banks and major technology firms. Regulation and sanctions remain part of its response.
Frequently Asked Questions
What sanction did the Kansspelautoriteit apply to EOD Code SRL and when?
The Kansspelautoriteit imposed a fine of €37 million on EOD Code SRL on 22 October 2026 and described it as the highest fine it has issued to date for an illegal offering.
Which sites were identified in the Ksa investigation?
The investigation started with Instantcasino and later 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 offering gambling accessible from the Netherlands without a licence.
What factors aggravated the fine imposed on EOD Code?
The Ksa noted absence of visible age verification on several sites, the possibility to pay with cryptocurrencies and anonymous methods that facilitate money laundering, and the fact that EOD Code had previously been subject to a last onder dwangsom.
Why did the Ksa base the fine on an estimated turnover?
The Ksa may calculate sanctions on the basis of turnover when standard fines would not reflect the revenues generated by the illegal activity; in this case it estimated revenues from Dutch players and set the fine accordingly.
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About the author
Miguel Sandoval
Regulatory Affairs Correspondent
Miguel Sandoval tracks gambling legislation, licensing, and regulator enforcement — from Spain's DGOJ and the Latin American authorities to the UKGC, the MGA, and the state-by-state map in North America. The reports answer three questions precisely — what changed, where, and who it affects — with jurisdictions, dates, and penalties cited exactly as published. Operators and compliance officers read Miguel Sandoval to know which rulebook moved before their next meeting.
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