Before 2021, the Dutch Gambling Authority (KSA) actively implemented a ban on online gambling, fined gambling websites that sought to influence the Dutch market. However, after years of legal negotiations, online gambling was finally regulated in northwestern Europe in 2021. As a result, licensed Dutch gambling websites became widely available, with a majority of players from the Netherlands opting for newly officially licensed platforms over black market sites.
Indeed, the market has evolved with the emergence of a new legal framework, and when the new industry began on October 1, 2021, only 10 operators were initially approved for Dutch online gambling licenses, but the number continues to grow, and now various services are booming. All legal online casinos in the Netherlands must hold licenses issued by KSA.
As of May 2024, there are 28 licensed online casinos across the country, 25 of which are currently in operation. Operators who have not yet started the service will soon start. In addition, existing licensees can apply to increase their approved segments. Sports betting, for example, has been a special area of interest for expansion.
When searching for these online casinos in the Netherlands, Dutch players with a wide variety of safe gambling platforms, each vetted and offering a unique selection of games, bonuses and features. A variety of legal online casinos such as this, gives players the confidence to find the ideal fit for their preferences and gaming needs for an extensive list of licensed operators.
Don’t look now but motions put forward by Socialist party MP Michiel van Nispen, including a ban on online gambling advertising, as well as “high risk” online gambling, which includes games of chance, most notably slots, narrowly passed in Holland’s house of representatives on April 16, 2024. The move may see players returning to the black market. Almost certainly, such a ban would have a significant negative effect on the regulated industry in the Netherlands, as well as the state revenue. According to a Spring 2024 online gambling monitoring report from the Gaming Authority, it is estimated that 77 percent of all turnover can currently be attributed to online casino.
The aim of re-regulating the market in 2021 was to see players go from black market sites to legal platforms and to ensure that a minimum of 80 percent of the market had done so within three years. Regarding players and web traffic, the channeling rate or channelization is currently estimated at 90 percent, making the Dutch-regulated market one of Europe’s most successful – that is, for the time being, anyway. 안전한 파워볼사이트
While a majority of 79 members of parliament (MPs) voted in favor of the motion to ban games of chance, with online slots used as the prime example, it remains to be seen if this will be established in the law. It is now the responsibility of Franc Weerwind, the minister for legal protection in the Netherlands, to review and approve the law.