SPORTS BETTING
The Netherlands – Dutch gaming authority launches horse betting tender
By Phil - 22 October 2021
The Kansspelautoriteit, Netherland’s gambling authority, has started an open and transparent award procedure for the new licence, which will cover the period of July 1 2022 to June 30 2027.
In the Netherlands, horse race betting requires a specialized totalizer licence. It’s a legal monopoly, so there’s only one license. The current totalisator license expires on 30 June 2022.
The application procedure has two phases: In the first phase, the gambling authority will assess all applications on the basis of a package of requirements in the field of legal form and location, continuity, internal supervision, reliability, integrity policy, and demonstrable experience with offline sports betting. The second phase will only take place when there are several applications left after the first phase. In this case, equal lots will be drawn by a notary .
Each applicant will be required to pay a fee of €32,000 for the processing of the application. This must be paid in advance. If the application is rejected, there will be no refund.
Applications can be submitted from November 1 to November 30, 2021.
