Around 40 gaming firms in the Netherlands are set to apply for a licence to sell online betting and other games beginning in October, according to broadcaster NOS.
The Netherlands was one of the few European countries that had yet to open its market to online gaming, forcing gamers to use unlicensed platforms.
Aims to create safe regulated market
René Jansen of government gambling watchdog Kansspeelautoriteit told broadcaster NOS: “It was high time the Netherlands allowed online gambling. It’s 2021, the internet is everywhere and it doesn’t stop at the border. It is currently unregulated, no one is watching and it is beyond policing. We are now going to create a safe environment.”
According to Jansen, 35 of the first 40 applicants should be considered for a licence.
The six-year-in-the-making legislation is set to take effect on Thursday.
“Providers have to have provisions in place to prevent addiction, they must be reliable and prevent money laundering and the games must be fair,” Jansen said.
Holland Casino, Nederlandse Loterij, Novamedia (Postcodeloterij), ZEbetting & Gaming, Fair Play Casino, and Jack’s Casino are among the Dutch applicants for a licence. Bet365, a major international player, is also expected to submit an application.