Net Gaming plots early entry to Dutch market
Published 6th July 2020
The Act will come into effect in January 2021, but the regulated market will not open until July 2021 at the earliest, with national regulator De Kansspelautoriteit (KSA) expected to begin accepted licence applications in the first half of next year.
Ahead of this, Net Gaming said it has taken “swift measures” to ensure it is in the best position to launch in the market when it opens in around 12 months’ time.
These measures include adjusting its product offering so that it is compliant with current Dutch regulations ahead of the new laws coming into effect.
“The implementation of the Remote Gambling Act in the Netherlands is a step forward for the Dutch market and consumers, as well as a positive development towards locally regulated revenues for us,” Net Gaming said.
“Whilst we will have a short term negative impact on revenues in the Netherlands, the measures ensure a strong position, sustainable outlook for the Dutch business and are long-term investments.”