BetComply Introduces ComplyCheck Self-Assessment Tool in the Netherlands

Article by : Milena Petrovska Mar 6, 2024

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Dutch iGaming participants have gotten access to a unique and improved self-assessment tool by BetComply named ComplyCheck.

BetComply, a company that specializes in technical and regulatory compliance, has introduced ComplyCheck, a new self-assessment and audit tool, in the Netherlands. Its latest tool aims to assist the brand’s clients in the Dutch market with the growing challenges of regulation.

Operators can now use ComplyCheck, which is backed by SG Certified, to answer and provide proof for a series of questions in plain language. They can do this at their own pace before sending the answers to the BetComply team for evaluation.

The BetComply team of regulatory specialists would then examine the questionnaire and give a comprehensive report. The report will show any areas where the operator may not meet the current standards. The process also includes advice on whether they will meet the new standards that are being discussed.

KSA’s Tightened Requirements Behind the Launch

BetComply proudly informed its followers through its LinkedIn profile about the newest product in its portfolio.

The post covers the key points of the tool and answers the question, “Why now?”.

Namely, the KSA has increased its oversight, focusing on responsible gambling. So, ComplyCheck went live to help BetComply partners comply with current standards. More importantly, it also will help prepare them for future ones, which have been highlighted as essential for KSA supervision in 2024.

BetComply has also covered the topic of “What to expect” from the service.

Per its post, operators would receive a detailed report from the company’s regulatory specialists analyzing their submissions. This step would help them determine where they need to improve compliance and how to follow future standards.

The brand included some inspirational words, inviting its partners to be proactive, safeguard their customers, and ensure smooth operations.

Nothing Costs More Than Non-Compliance

BetComply’s Co-Founder and Chief Compliance Officer, Mike de Graaff, stressed the urgency of the situation. He highlighted how the KSA has warned of penalties for not complying. De Graaf mentioned how ComplyCheck removed the uncertainty, guaranteeing compliance that was fast, affordable, and in sync with operators’ everyday operations.

In a way, he has sent a message that compliance was expensive, but non-compliance was even costlier.

Under the new KSA recommendations, companies would need to take action to prevent customers from becoming addicted to gambling and/or playing too much. The KSA announced using the new standards as a key factor in its oversight in 2024.

The KSA presented its new monitoring agenda and the “Safe Games” mission on 26 February 2024. Besides focusing on player protection, the regulator mentioned controlling illegal activities, supporting partners, and ensuring data compliance as cornerstones of its 2024 operations.

Only three days later, on 29 February, the KSA informed about a massive €19,679,000 fine issued to Gammix Limited, showcasing its dedication. Per the regulator, Gammix Limited was offering an illegal supply of casino games through a range of websites.

BetComply was established last year. It’s already helping numerous operators comply with the changing iGaming rules in the Netherlands.

The company’s co-founder and chief compliance officer, Mike de Graaf, is well-known across the country for assisting with license requests and improving internal systems. He has helped with over a third of all the licenses granted in the Netherlands.

Besides regulatory compliance, which is the flagship service of the company, BetComply also offers:

• technical compliance,
• legal services,
• outsourcing services.

It now markets ComplyCheck as the “ultimate audit self-assessment tool,” helping businesses against regulatory scrutiny.