Dutch Senate adopts Remote Gambling Bill

Published by CasinoTopsOnline on February 22, 2019 in Industry News

Dutch Remote Gambling Bill NewsThe online gambling industry has grown tremendously over the past few years expanding into several markets. 

For the Netherlands the New Year brings good news as the long awaited online gaming legislation has finally been approved.

Earlier this week the Dutch Senate voted in favour of legislation to legalize internet based gambling.  

A new gambling journey awaits the Netherlands 

On Tuesday the senate voted in favour of legislations to legalise internet based gambling. Making it possible for both foreign and Dutch firms to apply for gambling licenses.  

According to the Financieele Dagblad there are over 300 companies who have expressed interest in running a gambling website in the Netherlands. About 50 of them are expected to apply for a license when they are up for grabs.  

The vote that took place on Tuesday comes two years after the lower house voted in favour of allowing third parties to offer online gambling legally within the country. At the current time Holland Casino is the Netherlands’ only state regulated gambling establishment. That being said many foreign operators have continued to ignore the ban and target Dutch players.  

While two Christian parties in the ruling coalition voted against the legislation it seems that the majority were for new legislation. According to the opposing parties more companies offering online betting will only lead to more gambling addictions. In most countries the main reason for opposition against online gambling is the safety of players and problem gambling.  

That being said the Dutch Senate officially adopted the Remote Gambling Bill which means the Dutch online market is expected to open in late 2020 or early 2021.  

Steps to curb illegal gambling 

While online gambling has a bright feature ahead in the Netherlands, dark times await those who have deliberately chosen to ignore bans and the rules. According to news the Senate has adopted three more notions to ensure safety of their residents.  

The first is to subject illegal operators to a two-year blackout period especially those who deliberately targeted the Dutch Market. The second is to consider bringing back IP and DNS blocking when the enacted bill is evaluated after three years. And the third is to encourage the government to investigate the desirability of a complete ban on gambling advertisement.  

While the online gambling market is about to hit the Netherlands legally there will be plenty of precautions in place. The main focus being on keeping citizens safe and protected against scam sites and those who deliberately choose to ignore the laws.  

For now many operators are celebrating the Dutch Senate’s decision to legalize online gambling. Especially since they will open the market to both Dutch and foreign operators. It is unclear when licensing will start but there will be a procedure followed to ensure only the top operators are allowed.  

Strict rules are expected to be put in place to ensure unlicensed sites are banned and operators prosecuted.