KSA receives 28 applications for new Dutch igaming licences

KSA receives 28 applications for new Dutch igaming licences

The Dutch gaming regulator says it has received 28 complete igaming licence applications since April 1.

The Netherlands.- The Dutch gambling regulator KSA has received 28 igaming licence applications since it opened the application process for the newly regulated market on April 1.

The Netherlands’ licensed online gambling market is due to go live on October 1. KSA began taking licence applications on April 1 after several delays.

It says that 28 applicants have submitted full applications and paid the €48,000 application fee. The regulator had previously said that it expected to receive around 40 applications and to award around 35.

KSA chairman René Jansen said: “The intention of the law is to channel players from illegal providers to legally reliable providers.

“With this number of applications, I am confident that there will soon be a sufficiently attractive and varied offer to achieve this objective.”

Jansen told Focus Gaming News in an interview that the regulator expected The Netherlands to see annual gross gambling revenue of €800m by 2024, but there have been claims that the market may miss channelisation targets.

Applicants for The Netherlands’ new online gaming licences must implement a responsible gambling strategy and connect with the Netherlands’ new central gambling exclusion register, Cruks.

Operators must also provide their own data from games to the KSA’s Control Database to allow remote monitoring by the regulator.

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gambling regulation KSA online gambling