Holland Casino Online Gambling Legislation Gets An Update

admin 8 August, 2019 0

Potential launch of Holland Casino Online could prove to be a viable solution that would bring plenty of profit to the country and keep players happy.

The matter of online gambling has been a matter of discussion among the citizens of Netherlands for quite some time now. Gaming Legal Group, assigned for granting licenses to new gambling markets, has noted in a statement that the Netherlands should not expect a license any time soon.

However, this does not mean that the Netherlands don’t have enough potential to create a viable gambling market, it means that certain regulations need an update in order to allow gambling operators a chance to move into the market.

That being said, the operator this regulation concern the most is undoubtedly the government-led land-based Holland Casino Online.

Equality for International and Land-Based Operators

One of the reasons why there is so much fuss regarding online gambling in the Netherlands is taxation. At the moment, Gaming Legal Group states that onlie gambling operators stand to be taxed at preferred rates which are set at 20 per cent of gross international casino revenue.

On top of that, every potential online casino operator would get additional 2 per cent taxes that would go towards funding Kansspelautoriteit – otherwise known as Dutch Gambling Regulator.

Then there are Dutch land-based casino that have a set tax rate at 20 per cent which is significantly higher than the tax rate applied for the international operators (including the Kansspelautoriteit).

This has not brought to attention the equality among online and land-based casino operators but it seems that if is slowly surfacing.

Holland Casino Online as a Potential Solution

Some of the best online gambling sites in Europe are compliant to a number of licenses and still have restricted access – meaning, they are not available in most of the world, but only their respective country.

Future regulations can only limit the number of both online and land-based casinos, which is under no circumstance a solution. Still, potential launch of Holland Casino Online could prove to be a viable solution that would bring plenty of profit to the country.

Nevertheless, ideas will remain ideas, at least for the time being. Holland Casino Online will not see the light of day until 2017 at the earliest. Any additional regulations will only stall further the entire process.