Reports NETHERLANDS - ONLINE REPORT


Wait Lifting Te Netherlands - Online


Good things come to those who wait. So they say. And for the Netherlands, the wait for an open and legal online gambling industry is finally over as the country races off the starting block with the first batch of new online gambling licences.


Last year saw momentous changes in the Dutch market. Te Remote Gambling Act (KOA) finally leapt into action in April 2021 enabling operators the chance to legally apply for licences in the Dutch online gambling market.


It is estimated that around 1.5 million people are actively gambling online in the Netherlands whilst the market value is worth around €500m.


Te country, with its 17 million population, boasts 95 per cent internet penetration with more than 11 million social media users. Around 93 per cent of the population own a mobile phone and 83 per cent have a computer or laptop.


It is anticipated that the online gambling market (regulated and unregulated) will reach €1.1bn by 2024 in the Netherlands whilst the gambling authority wants to see the licensed operator market be responsible for at least 80 per cent of this during the next three years.


After restrictions and closures of the landbased sectors in the Netherlands due to Covid, the


P92 NEWSWIRE / INTERACTIVE / MARKET DATA


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