The Dutch gambling regulator, Kansspelautoriteit (KSA), launched a licensing process after the establishment of the new Remote Gambling Act (Koa), which legalized online gambling on the 1st of April 2021.
What to Expect from Dutch Gambling Law?
According to Kansspelautoriteit, 28 online gambling operators have already applied for a license in order to offer their services within the newly regulated market. It has been confirmed that operators meeting the proper requirements will obtain a license for online gaming scheduled to open on 1 October 2021.
All operators applying for Dutch licenses are required to have in place a responsible gambling policy and strategy in order to prevent addiction. Added to that, a major key factor is the ability to deal with the players’ balance uprightly and, of course, have a connection with the Central Register of Exclusion of Gambling (a GAMSTOP-like service).
As already stated, all 28 applicants have paid the required €48,000 fee as part of their submission in order to acquire a license and begin operating several betting sites.
René Jansen, chairman of the board of the KSA, mentioned: “The intention of the law is to channel players from illegal providers to legally reliable providers. With this number of applications, I trust that there will soon be a sufficiently attractive and varied offer to achieve this objective.”