Whilst the current legislation in Netherlands for all gambling-related activities was entered into effect back in 1964, the Dutch government approved the first draft of the Remote Gambling Act in February 2019 as the initial framework was drafted in a time when the internet did not exist.
The new law is a well revised version of the existing gambling now and will help in regulating the online gambling activities as well as protecting the players.
What are the unique features of the Dutch Remote Gambling Act?
The new regulation will allow gambling operators to enter the Dutch online gambling market and enforce high levels of protection for the players. In more details, these are the unique features of the new Remote Gambling Act:
- Casinos (both land-based and online) and other providers must use a central register (CRUKS) where all players are automatically registered by their social security number. Players will be able to self-exclude from all licensed websites. Once a player is excluded, players will not be able to access sites and operator cannot target them with marketing. The CRUKS does not apply to lotteries.
- Strict regulations on marketing and promotional methods.
- Mandatory age check using IDIN.
- Mandatory participation in ‘controledatabank’ (CBD), the control data base of the KSA. This data base will register all activity with online casinos and give the KSA a direct tool to monitor the casinos.
iGaming Giants showing high interest in obtaining a Dutch online gambling license
Among the 80 providers that officially declared their interest in obtaining a Dutch online gambling license in 2019, some of the biggest players of the industry were mentioned such as Pokerstars, Betfair, Betsson, Bwin, Ladbrokes, Netent, Unibet, and William Hill.
Additionally, JHV Gaming recently reached an agreement with Kambi to launch an online sports betting platform, and Holland Casino is in progress of developing an online casino, powered by Playtech’s platform.
The Dutch Online Gambling Market vs. other European Countries
The Dutch market has grown from around 500,000 players in 2015, to 1.2 million in 2020! At the same time, the gross gaming revenue grew significantly from €296 million to €3.1 billion!
In terms of the Spending per Capita, Dutch players spend more than Germans, and are on par with French players. In terms of gross gaming revenue, Spain, France, Germany and Italy top the Netherlands.
Award Winning iGaming Services with Hosting Infrastructure in The Netherlands
NetShop ISP is a three-times Award Winning iGaming Services provider with a privately-owned infrastructure in Amsterdam, Netherlands. In addition to its Data centers in key igaming jurisdictions such as Malta, Cyprus and the United Kingdom, NetShop ISP has landed in The Netherlands on November 2020. From private cloud infrastructure, to dedicated servers and Colocation hosting, the leading Data center provider is already hosting numerous iGaming B2C and B2B providers.
Article Source: https://www.onlinecasinoground.nl/new-gambling-act-in-the-netherlands-2021/#regulations