Redlight Casino was founded in 1987 and is located in the center of the Red Light District in Amsterdam, an exciting area full of erotic and other entertainment which needs no further introduction. In 2011 the Mayor of the City of Amsterdam refused to renew the license of the casino due to a loan which was given to the company in 2003 by the (at that time) well respected Dutch businessman and former banker mr. Paarlberg. In 2010 the court found mr. Paarlberg guilty on fraud and money laundering. Because the loan wasn't fully repaid, the City Mayor was allowed to refuse Redlight Casino a new license, decided the CBb, the highest administrative court regarding the gambling business in The Netherlands. Due to the court's decision Redlight Casino was forced to close its doors on March 19th 2012. On September 10th 2012 the case was send to the European Court of Human Rights for appeal. A decision of the European Court is expected in about 4 or 5 years.