The decision to do so is part of an effort to rid the northwestern European country of unlicensed and unregulated iGaming websites. The KSA has told unlicensed internet gaming businesses that they must immediately stop their operations.<\/p>\n<\/div>\n
In exchange for doing so, iGaming platforms that have allowed Dutch players access in the past will be able to obtain an internet gaming permit from the KSA in the future. But that can only happen after a two-year cooling-off period.<\/p>\n
The KSA reports that there’s an estimated 800,000 Netherlanders who gamble online each year through an unlicensed platform. They’re believed to wager approximately \u20ac500 million (US$580 million) annually.<\/p>\n
The Netherlands government is urging people seeking online casino entertainment to only patronize one of the 10 licensed sites from October 1 on. The KSA says the approved internet casino platforms satisfied a host of regulatory conditions, including implementing safeguards to limit problem gambling, such as periodic time and spending prompts, that warn a user of their activity.<\/p>\n
\nMany people do not even know that it [iGaming] has been illegal,” KSA Chair Rene Jansen told Nieuwsuur<\/i>, a news outlet in the Netherlands. “There is no supervision at the moment. We cannot really intervene on how they gamble.”<\/p>\n<\/blockquote>\n
That will change come Friday. “For the first time, we now have instruments with which we can really intervene,” Jansen added.<\/p>\n
One of those instruments is a self-exclusion program. Licensed iGaming companies must validate each new customer to make sure they are not on the banned list.<\/p>\n
The KSA is also mandating that each internet casino utilize available technology that is capable of detecting erratic gaming behavior, which can signal problem gambling and addiction.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Netherlands yesterday announced the issuance of 10 permits that allow the recipients to soon conduct online casino gambling with slot machines and table games. The Netherlands Gaming Authority (KSA) confirmed the granting of 10 iGaming rights on September 29. The internet gaming licenses come more than two and a half years after the country […]<\/p>\n","protected":false},"author":25,"featured_media":187365,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[19,13592],"tags":[],"acf":[],"yoast_head":"\n
Netherlands Online Gaming Licenses Issued for 10 Operators<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n \n \n \n\t \n\t \n\t \n