Dutch gambling regulator, Kansspelautoriteit (KSA) is preparing its future strategy upon the guidelines that operators interested in the Dutch market will have to follow to obtain the local license. The Remote Gambling Act which is going to regulate the Dutch market, was passed by the Senate of the Netherlands last February.
KSA expects the Act to actually come into effect by Wednesday 1 July 2020. From this date on, the interested operators will be able to present their applications which are going to be thoroughly reviewed by the KSA. By Friday 1 January 2021 KSA expects that the gambling market will be fully regulated and the licensed operators will be able to run their businesses.
The Ministry of Justice and Security is settling the final details of the legislation in terms of licensing authorization. Once it has come into force, KSA will decide whether to accept or rule out potential license contenders. The present situation about licensing is shady as the country’s authorities allow online operators in the Netherlands as long as they don’t actively target Dutch players.
Chairman of the KSA, René Jansen stated the importance of supervising the license obtaining procedure so that it takes place in accordance with the Remote Gambling Act regulatory framework. He also commented that this procedure is going to be such a time-consuming and demanding issue that the manpower of KSA might not prove enough and extra staff might be needed.
Jansen prompted the operators that desire to participate in the license acquisition procedure to register their application through the regulator’s website for organization reasons.
The new Remote Gambling Act is going to implement harsh measures related to license acquisition, but at least it will open a market that in the Netherlands was denied to foreign online gambling operators until today.