The Netherlands – KSA confirms it has recieved 28 online gaming applicationsBy Phil - 20 April 2021
Dutch Gaming Authority (Ksa) has so far received 28 applications for a license to be able to offer online games of chance in the Netherlands. On April 1, the Remote Gambling Act (Koa), the law that legalises online gambling under strict conditions, came into effect.
The market for online games of chance will open on October 1, 2021. The companies that meet all the conditions will receive a license. Among other things, it is assessed whether an applicant has an adequate policy to prevent gambling addiction, is a healthy company that handles player balances responsibly and has a connection to the Central Register of Exclusion of Gambling (Cruks). The applications that have now been submitted are eligible for a permit to operate from 1 October.
René Jansen, Chairman of the board of the Ksa, said he was satisfied with the provisional number of applications.
“The intention of the law is to channel players from illegal providers to legally reliable providers. With this number of applications, I am confident that there will soon be a sufficiently attractive and varied offer to achieve this objective,” he said.
A permit application will only be processed once the fee of 48,000 euros has been paid – that is the case with the 28 applications. A provider who succeeds in obtaining a license can use it to offer games of chance via various websites.
The Koa Act is an addition to and an amendment to the Games of Chance Act. The purpose of the law is to better protect the player. The law modernises Dutch games of chance policy. The legalization and regulation of online games of chance is the most eye-catching innovation. The law also tightens up the requirements in the field of addiction prevention for all high-risk games of chance (online and land-based). Additional and new provisions will also apply in the field of advertising and recruitment.