Online Gambling Legalized in the Netherlands
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The Netherlands has been trying to legalize online gambling since 2017, and the day is finally here. Starting 22 October 2021, users can legally gamble in the Netherlands as the Dutch Gambling Authority releases gambling licenses to ten operators.
The nation wanted to execute the step four years ago when it released related information on its official website. The post talked about how the administration wants to issue licenses to online gaming providers once they meet specific criteria. The primary issue authorities had in mind was responsible gaming, which took operators several years to achieve.
However, the Dutch Gambling Authority is now releasing gambling licenses to ten operators. Dutch Lottery and Holland Casino are two of the biggest names included among the operators. The ventures must undergo thorough regulations and supervision to mitigate addiction and irresponsible gambling.
Moreover, the operators must eliminate money laundering while paying the gambling tax. They also need to address several standard rules like transparent advertisement and the legal age of customers.
Currently, the number of active online gamblers in the Netherlands is around 1.5 million. The market currently boasts a value of 800 million euros with games like slots, blackjack, roulette, poker, and even sports betting. With the latest announcement, the online gambling market will surely witness an unforeseen boast in the region. The onlinecasinoinformatie comprises crucial information about the operations and upcoming announcements.
Coincidentally, the Consumentenbond and Advertising Code Foundation recently suspended its partnership for an unspecified period. The reason behind the dissociation was customer dissatisfaction with the association over gambling advertisement agreements.
The consumer association stated that the offers provided by the company had minimal safety against gambling addiction. Meanwhile, Holland Casino released its iGaming platform in the region.
The vintage casino joined hands with Playtech to use its marketplace. The integration allows Holland players to access ORYX’s in-house content and games with several third-party products.
Chris Looney, the Chief Commercial Officer of Bragg Gaming, talked about the recent development. He stated that Holland Casino is a household name in the Netherlands. With 45 years of market experience, it is honorable that the casino is also gaining a legal license for online gambling.
The region holds utmost prominence with Bragg Gaming’s attempt to expand its regulated market operations. That is why the company is delighted to be a content partner to Holland Casino. Both ventures will work together to bring the highest safety and responsible gambling standards to the users.
Jeroen Verkroost, the Digital Transformation Director at Holland Casino, also commented on the situation. According to Jeroen, the ORYX Hub iGaming operations have celebrated success in multiple European regions. Thus, Holland Casino is thrilled to bring the products to its users as they experience online gambling for the first time.
In addition, the team is impressed with ORYX’s dedication to the market, and the partnership will showcase thorough technical compliance, quick platform integration, and multiple esteemed games for users.
The legalization of online gambling marks a new era for the Dutch gambling market. Holland Casino looks forward to riding the wave and providing the best gambling experience with ORYX.
