Online Casino Gambling in Netherlands
The Netherlands plans to open its online gambling market to global players this year by slashing the current tax rates from 29 per cent that government-run Holland Casino has to pay to 20 per cent and by issuing licenses to online poker and betting to local as well as foreign operators .
Estimates place Holland at the 17th position in the European Union’s iGaming market. It has 700,000 players online and gross gambling revenue (GGR) between €130 million to €250 million. The country has a very deep Internet penetration, with the being Dutch very good at adapting to new technologies. Despite the Dutch e-commerce market being pegged at €2.3 billion, only 9 per cent of revenues can be attributed to online gambling.
Sun rise sector
With a 22 per cent share of the market, online casino seems to be the second fastest developing business sector in the country. As online gambling gets regulated in 2015, domestic as well as international gambling houses will rush in to grab a piece of the pie.
At a gaming conference held in Holland in 2013, it was expected that online poker would generate 12 per cent of the GGR once regulation sets in. Similarly, it is expected that online bingo will churn out 12 per cent of GGR and online lottery 23 per cent.
Regulation to usher in competition, challenges
It is believed that once the online betting is legalized and regulation sets in the market will become very competitive. However, regulation may also make life difficult for certain operators and therefore regulation will also come with challenges for the sector. To stay afloat in a new and challenging market online casinos will have to either invest a lot of money into marketing or develop some USPs for their products or will have to resort to innovation by ushering in newer technologies.
Players to benefit from safe, responsible betting
The introduction of regulation will mean greater security for gamblers and more responsible behavior while gambling. The current Betting and Gaming Act in Netherlands is 50 years old and needs to be reformed. It currently prohibits offering games of chance. Gamblers therefore play with unregulated operators who may or resort to malpractices. Once licenses start being issued, licensed operators will have to pay 20 per cent tax, 0.5 per cent for Gambling Addiction Fund and 1.5 per cent of their profit as contribution for the Gaming authority.
Some prominent online casinos for Dutch
- Roxy Palace Casinos is one of the popular online casinos that accept Dutch players. The casino offers an excellent selection of games from Real Time Gaming (RTG). This includes blackjack, roulette, video poker, slots and craps , and more.
- Noble Casino may not sound like a very great name for a gambling site but then how many of us make the mistake of judging a book by its cover. The welcome bonus at this site may be small, but the quality of games will leave you spellbound.
Sites for Netherlands (Dutch) Players
These are some of the sites that are recommended to Dutch players who are interested in playing at online casinos.
Online Casino Dutch - A website that focuses specifically on servicing the Nederlands market by providing reviews and other information to Dutch players in the Dutch Language Netherlands players can also visit their English page for information about gambling online in the Netherlands.
Dutch Remote Gambling Act - Information about Dutch online gambling law for those who are interested in researching the subject or for general knowledge purposes.
AGOG - Provides help with problem gambling and other addition counseling. This website is in the Dutch language.