Willem van Oort: Is regulated online gambling in the Netherlands the next big thing?
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The Dutch Remote Gaming Act is scheduled to enter into force on 1 March 2021. The regulated online market will open on September 1, 2021, which should give the Netherlands Gambling Authority enough time to process its first batch of remote license applications. MPs at a Lower House Committee on 23 declined to raise further objections against the implementation of the Remote gaming Act.
The Dutch Remote Gaming Act is scheduled to enter into force on 1 March 2021. The regulated online market will open on September 1, 2021, which should give the Netherlands Gambling Authority time to process its first batch of remote license applications. It took the Lower House of the country 18 months to approve the bill. MPs declined to raise further objections against the implementation of this law on 23 September. Willem van Oort estimates there is at least a 90% chance the Act will enter force as projected above.
The Dutch online market is regulated and offers the biggest bang for the buck. The expected tightening of rules in more gambling-friendly jurisdictions will make the Dutch market even more attractive.
Willem van Oort asks if regulated online gambling in the Netherlands is the next big thing. He compares the Dutch market to other recently or soon-to-be regulated markets.
Willem van Oort asks Sweden if online gambling in the Netherlands is the next big thing. Sweden is not expecting to see the same level of regulation as the Dutch economy.
Germany is a bigger market than the Netherlands. However, Germany's online casino/online slots regulations leave a lot to be desired.
Willem van Oort is looking for a regulated online gambling market in the Netherlands. He considers the US market, but it's more restrictive than the Dutch model. The Netherlands may offer the biggest bang for the buck. With the expected tightening of rules in traditionally more gambling-friendly jurisdictions, the market will be nothing to sneeze at.
Willem van Oort is excited about the development of regulated online gambling in the Netherlands. The regulations accompanying the Remote Gaming Act will contain several provisions to ensure a level playing field for newly licensed operators. Online operators who have not "actively targeted" the Dutch market in past will not be immediately eligible for a remote license. Clarion Gaming has announced that the 2021 editions of ICE London and iGB Affiliate London have been postponed until 2022. ICE London will now take place from 1 to 3 February. Slot Focus is a company owned by SAZKA Group.
