Recently, the Netherlands took a significant step forward by passing legislation that legalized casino gaming. The conclusion of the several arguments that came before it resulted in the postponement of the ultimate decision about legalization.
Nevertheless, it is now lawful, and several different alterations have taken place while generating a lot of income. Since then, many things have evolved, and one must take note of these changes.
In this post, we’ll take a look at how things have evolved since the legalization of gambling in the Netherlands was carried out. Let’s get started.
Transition to Legal Platforms Has Been A Success
Before 2021, residents of the Netherlands who desired to participate in internet gambling were forced to engage in dubious activities. As a direct result, the Dutch government announced that online gambling would soon be legal throughout the Netherlands.
What This Means
Now that legal gaming is available, those previously associated with illegal gambling are migrating. The “No account casino” is another item that is not yet permitted in the Netherlands due to the prohibition on anonymous gambling.
To play an online casino game without creating an account, visit the online casino zonder registratie.
Revenue Boost Due to Legalizing Online Gambling
The only thing keeping Netherlands casinos from making more money were these online gambling restrictions. Citizens have had the means to finance their accounts for a long time. A Paysafecard casino Nederland will see lots of revenue as the payment platform is quite popular in the country. Other popular payment services include Mastercard, Visa, and Neteller.
Those interested in participating in the game can do so on the platform made available by the companies that own the license.
At the time of the original launch, the statistics from the legitimate firms indicated that the overall gaming income was anywhere from €580 million to €814 million.
What This Means
After entering the year 2022, it was a presumption that this would be the case, but the numerous licensed organizations profited well right from the start. The authorities now have reason to believe that their future earnings and profits will improve.
It’s Much Easier For Users to Start Playing Online
Online gambling in the Netherlands is no longer for the seasoned players. Every adult can do it now. Many of the newer establishments: online casino My Stake, CandyLand, SvenBet, and more, have focused on making their UI as easy to use as possible..
Because the Dutch market has now officially opened, there is a much-reduced entry barrier for gamers who want to begin playing online.
What This Means
This indicates that Dutch gamblers are becoming more used to online gambling and that casinos and gamblers no longer need to exercise self-control.
Additionally, developers can cater to the particular preferences of Dutch gamers. Last but not least, gamers now have access to various previously unavailable alternatives, including live betting, live casino games, and bonuses, all previously restricted.
Gambling Operators Must Have a Valid License to Operate
Gambling establishments that want to provide their customers with online casino games or betting must first get the appropriate license.
In order to operate gaming machines and amusement arcades, establishments that provide gambling must also get approval. Additionally, the providers are accountable for paying any taxes that are levied on lotteries and gambling activities.
The Cruks registration, also known as the Centraal Register Uitsluiting Kansspelen, must be connected to by all of the companies that offer gambling games, regardless of whether they are played online or in person.
What This Means
They need to create standards that require them to “Know Your Customer (KYC)” and screen customers to determine whether or not they are at risk of developing a gambling addiction.
Those people who have registered with Cruks have shown a pattern of addictive gambling in the past, and KSA is aware of their issues as a result of this.
If their names are on the list, the operators will not be able to let them in or register them online if they try.
Restrictions on The Kind of Advertising And Promotion That Can be Used
The Gambling Act includes provisions that place restrictions on gambling marketing. These limitations were enacted with the intention of protecting players who belong to more vulnerable populations.
It makes it clear that casinos and other gambling facilities are not allowed to use professional athletes for the sake of promoting or recruiting customers.
What This Means
According to this provision, they are not permitted to employ people who would serve as role models if such people are less than 25 years of age or have a significant following among individuals of that age group.
Conclusion
After the Dutch government decided to let people gamble on the internet, it took almost a decade for the industry to bring in millions of euros. By 2022, it is expected that they should be more than twice as many online casinos in the Netherlands as there are now.