Kansspelautoriteit (KSA), the Dutch gambling authority, has granted 10 online licenses for the newly regulated gambling market in the Netherlands.
These licenses will allow the casino sites that will receive them to offer “games of chance” via the internet in the Netherlands from 1 October 2021. The recipients of the licenses are: TOTO Online BV, FPO Netherlands BV, Holland Casino NV, NSUS Malta Limited, Play North Limited, Tombola International Malta Plc, Hillside (New Media Malta) Plc, Bingoal Netherlands BV, Betent BV and LiveScore Malta Limited.
Although it was expecting to receive up to 40 license applications, the KSA said it had received only 28, with all applicants having paid their €48,000 license fee. The local gambling regulator stated on its website that only one in three applications has until now been approved because of the stringent demands regarding responsible gambling.
René Jansen, the KSA chairman, expects even more licensees to be added shortly as additional applications are also expected from other brands. Moreover, he stated that the market won’t be 100% complete until July 2022.
He also said that: “High requirements are imposed on a license, including in the field of addiction prevention and consumer protection, and the KSA tests rigorously.”
Furthermore, a 4% turnover fine was announced for those operators illegally offering gambling games. As a result of the Netherlands Remote Gambling Act (KOA), the gambling levy for the local market has increased from 1.75% to 1.95% of gross gaming revenue (GGR).