Online Gambling Regulations in the Netherlands
Posted: October 13, 2021
Updated: October 13, 2021
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The gambling business in the Netherlands is legal and available to all adult citizens
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The laws of the country have recently allowed online casinos to operate
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In this article, we will discuss online gambling regulations in the Netherlands
Nowadays, the gambling business in the Netherlands is legal and available to all adult citizens. 14 land-based gambling houses are operating in the country. The laws of the Netherlands have recently allowed online casinos to operate. Besides, since 2017, foreign operators have received the opportunity to license in the country. In this article, we will discuss online gambling regulations in the Netherlands. Let’s get started!
Netherlands Gambling Laws
The Netherlands is known as a state that is loyal to a variety of forms of entertainment that are prohibited in other countries. Oddly enough, gambling has been an exception to this rule for quite a long time. Until 2017, the following regulations took control over gambling:- "On bets and games" (1964);
- The Chance Games Ordinance (1997);
- The Slot Machines Ordinance (2000);
- Gambling Ordinance: Advertising, Addiction and New Player Engagement (2013);
- Lottery Licensing (2016).
- Firstly, over 500 EUR, but less than 45,000 EUR - 226 EUR;
- Secondly, over 45,000, EUR, but less than 450,000 EUR - 907 EUR;
- Thirdly, over 450,000 EUR, but less than 4.5 million EUR - 1,588 EUR;
- Finally, over 4.5 million EUR - 2 668 EUR.
New Online Gambling Regulations In The Netherlands
The beginning of October 2021 became a new era for the gambling business in the Netherlands. Now virtual casinos are 100% legal in the country. Thus, the first operators lined up for a license, ready to legally meet Dutch gamblers. For example, Kansspelautoriteit, the agency that regulates the gambling business in the Netherlands, has revealed the names of the first ten operators that will receive a license to do business in the online casino business. Here they are:- Limited;
- LiveScore Malta Limited; Holland Casino NV;
- TOTO Online BV;
- NSUS Malta Limited;
- Hillside (New Media Malta) Plc; Bingoal Netherlands BV;
- Play North Ltd;
- Betent BV;
- FPO Netherlands BV.
Internet Operators
According to online gambling regulations in the Netherlands, operators can obtain a license in one of two categories: casino games and sports betting. Shortly, amendments to the legislation are expected, according to which more subcategories will appear. Besides, a limited liability company or a private limited liability company that is registered in the EU or the European Economic Area can apply. Indeed, the applicant must prove that the games are played through reliable secure channels in full compliance with applicable law. In addition, the operator should ensure that minors are not allowed to play games. The most popular gambling site in the Netherlands is Staatsloterij.nl. This is the official resource of the state lottery. In second place is a service for sports betting enthusiasts from the major international operator 22Bet. Closes the top three of the leaders Want-to-win.com, where there is also an opportunity to bet on the results of a variety of sports events. Indeed, slot machines are a segment of gambling in which it is relatively easy to become a license holder in the Netherlands. There is no limit on the number of permits in this sector. Slots can be located not only in gambling houses but also in cafes and restaurants, as well as in specially equipped halls. However, the company must provide a limit for players under the age of 18. Of course, minors cannot gamble in the Netherlands. According to the online casino rating, the following slots are currently the most popular among Dutch players:- Starburst;
- Mega Moolah;
- Hall of Gods;
- Simply Wild;
- Jackpot Jester;
- Random Runner;
- Twin Spin;
- Gold Factory.
Online Gambling Regulations In The Netherlands: Software Developers
Holland Power Gaming is one of the most famous gambling software developers from the Netherlands. They founded it in 2011. The headquarters is in Bergen op Zoom. The manufacturer produces the following products:- slot machines;
- software for lovers of card entertainment;
- casino table games;
- bingo software;
- platforms for online casinos.
- Amsterdam red light;
- Gangster Classics;
- Bella Italia;
- Big Money Cruise;
- Egyptian Dancer;
- Monkeys on Stage;
- Jackpot Runner.
Future Of The Gambling Business in The Netherlands
Since the law regulating the licensing process came into force quite recently, foreign operators are still wary of the initiative to enter the Dutch gambling market. The lack of positive precedents for obtaining a license and the activities of foreign companies in the country is still a significant deterrent. However, industry analysts predict an early recovery in this segment. The first licenses to local private companies have already gone, which could serve as a positive example for other operators. Read more about How to Find Illegal Casinos in the Netherlands. The authorities of the country have already concluded the profitability of the gambling business, subject to compliance with all legislative norms and state support. In the Netherlands, events are regularly appearing to draw attention to this area from investors. An example is the iGaming Super Show. The first exhibition conference took place in 2016 in Amsterdam and attracted over 4,000 participants. Since then, many online casinos in the Netherlands have taken part in such events. Markus Antl, Head of Sales and Key Account Management at Greentube, noted that the gambling market will be of great importance to the country. Indeed, the state will be able to receive taxes from gambling activities. The expert also emphasized that the Netherlands acted softly and did not impose unnecessary restrictions on the gambling rules, as, for example, neighboring Germany. Nevertheless, now the gambling tax exceeds a critical threshold. Unfortunately, it puts the legal business at a disadvantage in comparison with its shady counterpart. Antl added that most of the licensees know the Dutch market very well, as they have been working in it for years. Therefore, the Dutch player will receive exactly the entertainment that he expects, especially in the 22Bet Casino.Click here to stay tuned with 22Bet Casino
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