How do the Netherlands regulate online casinos?

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The Netherlands' online gambling casinos and market are the youngest in the European Union countries. Online gambling regulations governing the online market will come into being in September of 2021.

The Dutch government has delayed the implementation of CRUKS law until October. The law was supposed to be implemented on September 1, 2021. Minister Sander Dekker believes slow implementation is the only way to ensure stronger gambling market regulations.

The new Remote Gambling Act in the Netherlands allows online private operators to provide services to the Dutch people. The Act also requires a must register for all providers with the CRUKS. There are stricter regulations on promotional and marketing methods employed by the operators. Under-21 gaming match local and international is banned. Only recognized organisations can provide betting options. The aim is to monitor the casinos while providing support wherever possible.

The execution of the Remote Gambling Act can have only two outcomes in the Netherlands. The first is expanding the existing operators and gambling entities, and the second is an increase in new entrants wanting to join the gambling market. All major players in this industry are preparing and sending applications for operational licences as we approach September.

The Dutch gambling industry contributed about €1.4 billion back in 2015. The company that has launched several advertising campaigns into the Dutch market has doubled its revenue in a single year to €127.5 million. Only four other countries in the European Union top the Netherlands in revenue generation. The number does not include illegal gambling activities. It is difficult to estimate the size of the gambling market in Netherlands.

The Netherlands is testing the waters with its Remote Gambling Regulations Act. It is the only hope for the Dutch people to get a regulated online gambling market. Private operators will be able to venture into the lucrative gambling with much potential.