EMEA , Legal
January 30, 2024

Entain Pursues Legal Action Against BetCity for Concealing Regulatory Probes During Acquisition

Entain’s Legal Challenge: Uncovering BetCity’s Hidden Regulatory Probes In a significant legal move, global gaming giant Entain has filed a lawsuit against the former owners of BetCity, alleging a deliberate concealment of investigations by the Netherlands Gambling Authority (KSA) during the €850 million acquisition process. This action highlights the critical importance of transparency and compliance […]

Business
January 17, 2024

Entain Sues Former BetCity Owners in Legal Action

Discover the latest legal showdown as Entain takes on former BetCity owners in a high-stakes lawsuit. Entain’s Legal Battle: Suing Former BetCity Owners Entain, a prominent player in the global gambling industry, has escalated a legal dispute by initiating legal proceedings against the former owners of BetCity, a Dutch brand it acquired in June 2022. […]

Regulation
December 2, 2023

Dutch Gambling Authority Imposes €3M Fine on BetCity for AML and Terrorist Financing Violations

In a landmark enforcement action, the Dutch gambling regulator, Kansspelautoriteit (KSA), has levied a massive €3 million fine against the well-known operator BetCity. This fine, one of the largest in the sector’s history, arises from significant breaches in anti-money laundering (AML) and terrorist financing regulations, highlighting the KSA’s unwavering commitment to maintaining integrity within the […]