Reports NETHERLANDS - ONLINE REPORT
“Holland Casino was established so that the Dutch can enjoy the thrill of games of chance in a responsible environment. I see it as our responsibility to make that possible online. Our game selection is great, and our digital environment looks fantastic – and for good reason. Because if we want to offer the Dutch a good and responsible alternative, we must first make sure that they want to come and play with us.” Erwin van Lambaart, Holland Casino
launched a new tender and Playtech won and since 2014 the two have been working on developing the Holland Casino Online platform.
With the series of delays in the market surrounding the online gambling legislation, with the implementation of the Remote Gambling Act in April, the two companies announced in May the expansion of a long-term co-operation. Playtech is Holland Casino’s strategic technology supplier across its Information Management System (IMS) platform.
Holland Casino has been investing heavily in its plans for online gambling for some time. Te initial planned launch date of October 1 coincided with the company’s 45th anniversary.
Chairman Erwin van Lambaart said at the time: “Holland Casino was established so that the Dutch can enjoy the thrill of games of chance in a responsible environment. I see it as our responsibility to make that possible online. Our game selection is great, and our digital environment looks fantastic – and for good reason. Because if we want to offer the Dutch a good and responsible alternative, we must first make sure that they want to come and play with us.”
Based on market analysis, the digital gaming market in the Netherlands is expected to generate around €600m to €800m in annual income. Tis will be a welcome boost after the company saw losses in 2020 when revenues fell by 53.8 per cent at €333m due to the Covid restrictions and closures.
Te company’s 14 landbased casinos saw 60 per cent less visitors (2.5 million in 2020 compared to 6.2m in 2019) due to three separate Covid
P84 WIRE / PULSE / INSIGHT / REPORTS
closures (March, November and December). Over the year, the casinos were closed for 143 days in total, 151 days with restrictions and were only open 71 days without restrictions.
Te majority of the €333m came from slots (€185.9m) whilst table games brought in €124.7m. Tis is compared to 2019 revenues of €728.9m (€288.9 from table games and 383.4m from slots).
Meanwhile, the first half of 2021 also saw a decline in revenues for the company with €60m of losses and revenues of just €28.8m up to end June 2021. Tis was caused by closures again due to Covid and limited guests at the venues thereafter.
Tanks to the constructive NOW scheme, the deferral of tax payments, strict cost control measures and tight operational management, the company was able to safeguard the continuity of the company over the past year and a half. Te company announced a restructuring programme at the end of last year. It succeeded in retaining more than 90 per cent of employment.
Mr Lambaart said: “Although Corona has hit our company head on in the first half of 2021, notably our anniversary year in which we have been in existence for 45 years, we still look ahead with confidence. All in all, the Netherlands was deprived of legal casino offer for almost a year, but now that the Corona measures are disappearing little by little in the Netherlands, recovery is in sight.
“We see the resilience and dedication of our people, the general support measures from the government and a clear strategic investment vision for our future make us strong.”
Earlier last year, Playtech was also involved in the setup of the live casino facility at Holland Casino’s Scheveningen Casino. Tis will be open from 7pm until 3am with live tables including three blackjack tables, one multiplayer blackjack table, one roulette and one Punto Banco.
In terms of online products, Holland Casino boasts the Master Classics of Poker (MCOP), a strong brand known worldwide, and the most
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