KSA imposes highest fine on EOD Code SRL for illegal gambling in the Netherlands
Kansspelautoriteit fined EOD Code SRL after investigating multiple domains and anonymous payments.
Key Takeaways
- The Kansspelautoriteit fined EOD Code SRL on 26 October 2026 for offering unlicensed gambling in the Netherlands.
- The KSA applied its highest revenue-based fine to date after estimating income from bets by Dutch players.
- Investigators found Instantcasino plus eleven other domains, including skyhills.com and slotmonster.com, involved in the illegal offering.
- The sites allowed cryptocurrency and anonymous payments and lacked visible age verification, which the KSA cited as aggravating factors.
The Kansspelautoriteit (KSA) fined EOD Code SRL on 26 October 2026 for offering unlicensed gambling in the Netherlands, applying the highest sanction the KSA has issued to date based on an estimate of revenues. The authority noted that EOD Code had previously received a penalty payment order.
By Miguel Sandoval, Regulatory Correspondent.
Sites involved and findings
The original investigation focused on Instantcasino, but the KSA later identified other sites offering illegal gambling: skyhills.com, slotmonster.com, betiro.com, betblast.com, fastslots.com, goldenpanda.com, sambaslots.com, winningz.com, incognitocasino.com, foxygold.com and luckypays.io. KSA staff were able to place bets on several of those sites without measures preventing participation from the Netherlands.
Aggravating factors and sanction method
The sites showed multiple aggravating factors, including the absence of visible age verification and the option to pay with cryptocurrencies and anonymous methods, elements the KSA says facilitate money laundering. When standard fines are disproportionate to the revenues generated by the illegal offering, the KSA may choose a revenue-related amount; in this case it chose that route after estimating that EOD Code obtained additional income from bets placed by Dutch players.
Cooperation with third parties
The KSA stressed that action against illegal offers is not limited to administrative fines and requires intensive cooperation with payment providers, hosting companies, banks and major tech firms. [regulation](/regulation) and compliance remain the Dutch authority's focus.
Frequently Asked Questions
What sanction did the KSA impose on EOD Code SRL and when?
The KSA imposed a fine on EOD Code SRL on 26 October 2026; the authority describes it as the highest fine it has issued to date and based the amount on an estimate of revenues from bets by Dutch players.
Which websites were implicated in the KSA investigation?
The investigation began with Instantcasino and later identified other sites: skyhills.com, slotmonster.com, betiro.com, betblast.com, fastslots.com, goldenpanda.com, sambaslots.com, winningz.com, incognitocasino.com, foxygold.com and luckypays.io.
What factors aggravated the sanction according to the KSA?
The KSA cited the lack of visible age verification and the availability of cryptocurrency and anonymous payment methods as aggravating factors that facilitate money laundering.
Tags
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.
More from Miguel Sandoval
