Going Dutch: Insight into the new Regulations for Online Casinos in the Netherlands

Author: Live Casino Direct
 
Going Dutch: Insight into the new Regulations for Online Casinos in the Netherlands
Super Slots

The new regulations for the online casino industry in the Netherlands are coming into effect in late 2021. Several international players have jumped at the opportunity to compete with former state monopoly holder Holland Casino for lucrative Dutch market.

The Ksa is the Netherlands’ governing body for all types of gambling. It is an independent administrative body that ensures that the Dutch regulations regarding safe, legal, responsible and fair gaming are followed.

The Ksa issues licenses to all legal providers of games of chance in the Netherlands. It is illegal to offer games without the online casino license. Remote operators offering slots, platforms for playing live casino, online bookmakers, bingo sites, and online lotteries are also not allowed.

New law came into force on February 20, 2019. Domestic and foreign providers can organise remote games of chance in the Netherlands. They must apply for a remote gaming license. The law includes measures for gambling addiction, fair game regulation and for the taxation of gambling winnings.

The law impedes Dutch players to gamble at online casino sites without a Dutch license. Financial service providers are ordered to block payments between players and illegal providers. Popular casino payment providers Neteller and Skrill have been restricted from performing casino transfers in the Netherlands.

There are age restrictions for online casino games and sports betting in the Netherlands. Players can only participate from the age of 18. Casino bonuses and promotions can be only offered to players from 24. There are also other conditions regarding advertising.

The new regulations for Online Casinos in the Netherlands state that there are no role models under the age of 25 and there is no advertising on TV between 6 a.m. and 7 p.M.

The gaming tax is a 29% rate on net monthly winnings of €449 or more. Net winings are calculated on a month’s wagers and wins and the tax automatically withheld by the gaming provider.

Holland Casino was the first to acquire a license. Bingoal and Circus already had a Dutch client base before the new regulation. Bet365, Kansino, 777.nl, and GGPoker were also among the early to receive a licence. Unibet has been operating since July 2022. Other potential operators include Kroon Casino and Oranje Casino, operated by Betsson. Other players include LeoVegas, PokerStars, 888 and William Hill.