Online gambling is a popular pastime in the Netherlands and, thanks to the introduction of new remote gambling laws, the Dutch online gambling market is set to explode in 2021 and beyond. According to sources at https://www.onlinehollandcasino.net/, 2021 is going to be a huge year for gambling in the Netherlands, and the Dutch Gambling Authority (KSA) has suggested that the Dutch online gambling industry will be worth at least €1.1bn (£957m) by 2024.
In February 2019, the Dutch Senate approved the Remote Gambling Act, and after considerable delays and revisions, this act was finally introduced in March 2021 in a ‘soft launch’ capacity, allowing online gambling providers to apply for a gambling license that falls within the new legal remit. The new changes will be fully implemented and these websites will go live in September 2021, when the new Remote Gambling Act officially comes into effect.
What Does The Remote Gambling Act Mean?
The main aim of the Remote Gambling Act is to loosen the historically strict approach that the Dutch government have taken to the online gambling industry. For the first time, once the Act is introduced, private operators will be allowed to operate within the Dutch online gambling market for the first time. This is an exciting development both for online gambling fans in Holland and for the industry as a whole.
However, the safety and protection of the gamblers playing within these casino environments will still be the primary concern of the Dutch government, meaning that the details of the act include a significant number of safety measures. These include:
All casinos in the Netherlands, whether online or land-based, must automatically register all players to a central register (known as the CRUKS) using their social security number.
Players can choose to self-exclude from all officially registered online gambling registers, helping problem gamblers to deal with their issues by permanently withdrawing their access to those sites they no longer wish to access.
Marketing and promotional methods for online casinos will be strictly regulated.
All registered online casinos will have to participate in the ‘controledatabank’ (CBD), the control data base of the KSA. Sharing information in mandatory, and will provide the KSA with a direct tool to monitor the casinos and the way in which people are using them.
Finally, all casinos must provide a mandatory age check to ensure no one under the age of 18 can access their websites.
Great News For The Dutch Gambling Market
The new regulations are great news for the Dutch gambling market, and the most significant and exciting elements are that those existing operators within the market will now legally be able to expand their offer significantly, whilst new operators will also be allowed to enter the market.
This provides a huge opportunity for online gambling operators in the Netherland to grow their businesses. When it was first announced that the arena would be opening to new operators in June 2019, 80 providers officially declared their interest in achieving one of the available licenses and operating in the arena. The brands interested varied from some of the biggest worldwide operators in the industry to smaller Dutch gambling hall brands.
The Dutch Gambling Market Is Growing
In 2019, which is the last full year for which records are available at this point, the gambling market in the Netherlands contributed €1.4 billion to the Dutch GDP. This is already a 9% growth on the figures that were reported in 2015, and this figure comes solely from the one legal online gambling operator in the country.
As the market opens up to additional providers, and a wider variety of games become available, significant growth is forecast. By 2021 the Dutch Gambling Authority (KSA) believes that the Dutch online gambling industry will be worth at least €1.1bn (£957m). In 2018 there were 1.86 million people gambling in the Netherlands and it is clear that this is a market that is ready to grow, change, and embrace the legislative changes that are being made in the country.