opening of the newly regulated online gambling market could not have come at a better time for some operators who were the first to receive one of 10 initial licences at the end of September.
For a country which is relaxed and liberal about many aspects, in contrast the Netherlands has always had a particularly tight grip on its gambling laws.
Te Netherlands has a gambling history dating back to the 14th century and the sector has always been carefully managed and controlled. Since 1964, all gambling activities such as card games and sports betting have been regulated by the Dutch government.
Te Betting and Gaming Act 1964 was brought in to regulate the sector and this remained in place until the late 1990s when several amendments were added. Te sector is also governed under the Gambling Tax Act of 1961. Other legislations look at advertising and addiction prevention.
By 2012, the Kansspelautoriteit (Dutch Gaming
It is anticipated that the online gambling market
will reach €1.1bn by 2024 in the Netherlands, whilst the KSA gambling
authority wants to see the licensed operator market be responsible for at least 80 per cent of this during the next three years.
Authority/KSA) was established as an independent regulator. Tis operates under the Ministry of Justice and Security. Te KSA’s main responsibilities include issuing licences and supervising the gambling market and enforcing
rules. It aims to protect players and prevent any illegal or criminal practices and also deal with gambling addiction issues.
Although offline gambling is regulated the market operates via state monopolies on most sectors within the gambling landscape including:
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Landbased casinos – operated via Holland Casino which currently has 14 casinos open throughout the country.
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Lotteries - including Dutch State Lottery, National Postcode Loterij, VriendenLoterij and BankGiro Loterij. Plus there are various charity lotteries.
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Sports betting and horse racing – these are run via De Lotto (Toto) and ZEbetting and Gaming (Runnerz) respectively.
Meanwhile, private operators exist for slots in arcades, bars and restaurants and licensees include Jacks Casino, Fair Play, Gran Casino and Hommerson Arcades.
NEWSWIRE / INTERACTIVE / MARKET DATA P77
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