The Gambling Regulator Of The Netherlands Published New Licensing Data

Dutch gambling regulator – kansspelautoriteit (ksa) – published more detailed information on applying for gambling licenses.

It became known that applications may be carried out by operators only after the new gambling legislation enters into force. Online gambling market will earn in january 2021.

The authorities are planning that secondary regulatory legal acts regulating the industry will take effect from july next year. Representatives of the gambling regulator noted that despite the fact that it is still not for sure that the legislative processes will be compleed, they are interested in informing potential applicants. Thus, the operators will have the opportunity to familiarize themselves with the rules of the market work before the filing of documents and payment permits.

It became known that the dutch market will provide for four types of licenses. The first is necessary for the provision of services related to games in which the user plays against the operator (slots, desktop gambling), the second involves permission to organize online poker. Two more are provided for online bookmakers and bets on trimmed running and jumps, respectively.

The cost of the license will be €45 thousand. Without the right to compensation. Applications must be submitted in dutch. All other documents should also contain a translation to the dutch. The gambling regulator reserves the right to requestor additional information from the operator if the documents specified in the main package will not be enough.

Indition, operators must profirmation that their employees are required to be charged with the rules of the market and dutch legizon. Customer funds must be placed separately to the principal capital of gambling company.

Candidates should prepare a strategic plan for combating gambling addiction. The latter must be designed with the support of experts.

The marketing campaign must be revealed to the gambling regulator at the submission stage. Advertising should not enter customers in error or promote aggressive manifestations. In addition, the conditions for the provision of bonuses and work of loyalty programs shold be specified.

Online bookmakers undertake to enter into an affiliate agreement with a gambling regulator, which will assume a joint strategy to counter the contractual matches.

Recall that the dutch regulator stated that it will be published by information about companies that have not paid.