Income From Gambling In The Netherlands For 2018 Exceeded € 2 Billion

In 2018, the income from the gambling market in the netherlands amounted to €2.05 billion (£one.84 billion / $ 2.31 billion). Thus, for the first time this mark exceeded €2 billion.

Centraal bureau voor de statistiek (cbs) state institution data show that revenues minus the won prizes and taxes grew by 11% – from €one.85 billion in 2015, when this data was last published. 2018 indicator also represents an increase in €50 million year in annual.

Revenue growth was due to a constant increase in consumer spending: in 2018, players in the netherlands made rates for a total amount €2.5 billion, which is 12% more thank 2015.

Income income also led to an increasing income income also led to an increase in tax revenues from gambling, while last year the organizers of gambling were expelled to the state budget €529 million compared to €476 million in 2015.

Employment prospects in gambling market also expanded. At the end of 2017, 8,300 people were employed in the sector. And although compared to 2014, this figure rose by 11%, at the end of 2010, the number of workers reached 8,900. Employment rates for 2018 have not yet been published.

The growth of the gembling sector occurs despite the fact that only terrestrial legal gambling institutions are currently allowed in the country.

Recalling the figures for 2015, representatives of cbs reported that there is still a problem with illegal gambling in the country. In 2015, the income from the shadow segment was €170 million. Then this value amounted to 9% of the total market income.

However, with the netherlands in the netherlands by the netherlands in febrary of this year, the path to adjustable gambling the path to adjustable gambling on the internet was opened. It contributes to the further growth of the market.

Subject to approval by the ministry of justice and security, the law will come into force on july 1, 2020, after which the gambling regulator kansspelautoriteit (ksa) will develop the terms of the license operators. Then the start of the market can take place on january 1, 2021.

According to ksa, 183 companies expressed interest in submitting an application for a license for gambling business. For this, the period from 5 to 21 june was settled.