The Netherlands will now move to re-organize its online gambling market in a manner that will make it possible for interested international online gambling operators to apply for a license from the local regulator, Kansspelautoriteit, and to operate in a regulated environment.
Despite its rules and regulations, the Netherlands has long been a popular market for internationally licensed online gambling operators. According to a recent study, more than 1.86 million Dutch nationals engaged in gaming and betting activities between 2016 and 2018, up 20% from the preceding two years.
Members of the Dutch Senate discussed the Remote Gambling Bill and voted on the piece during a debate that took place yesterday. The implementation of a blackout period for companies previously servicing Dutch customers was among the most broadly discussed provisions in the legislation during today’s debate.
Once enforced, the Netherlands’ new gambling law will also obligate online gambling companies to adopt the necessary tools and policies for minimizing the risks associated with gambling and protecting players more effectively. For instance, all licensed operators will be required to register with a centralized self-exclusion program that will aim to help problem gamblers self-exclude from gambling for a certain period of time.
Commenting on yesterday’s positive vote, Minister Dekker said that he is happy that the country will finally be able to offer people a safe and secure gambling environment so that online gaming and betting activities can be conducted in a responsible manner.
Source: GMB / Casino News Daily
