The draft proposal also envisages the creation of a Responsible Gambling fund to rehab players inflicted with problem gambling. It is the intent of KSA that the licensees be based inside the European Economic Area, although exceptions could be made on a case-by-case basis. The Dutch regulatory authority KSA would scrutinise applications and award a five-year license to deserving operators. The plan envisaged will require operators interested in providing online casino and gambling services in the Netherlands to apply for a license. The proposal under review is known as the Modernization Casinos Regime Act and it deals with both online and land based gambling. But till the law is enacted, the present situation will continue. A move by the government to legalize and regulate online gambling is underway. This includes not only online casino gambling but other verticals as well. It estimated that there are hundreds of operators generating revenue of over €800 million on wagers from Dutch nationals. About Online Casinos & Gambling in the NetherlandsĪt present online gambling is unregulated in the Netherlands. However, privatization of gambling is not a high priority for the state and movement in this direction is behind schedule. It envisages the sale of the Holland Casino establishments as two independent blocks to private parties and the issue of further licenses to foster competition. The draft legislative proposal has been formulated as the Modernization Casinos Regime Act. The other reason is that it is under pressure from the EU to end the monopoly regime. This is one of the reasons that the Dutch government is contemplating privatization of the Holland Casino establishments. Though profits were recorded by the chain till about 2008, it is now making losses. The profits from the Holland Casino chain are to go directly to the Dutch Treasury. The most popular is the Mega Millions Jackpot, which is connected to over 150 machines across the country. Poker cash games and tournaments are also held. Players can wager on all the regular land casino games that include roulette, blackjack and baccarat. The first casino was opened in 1976 and today there are 14 casinos operating under the Holland Casino group. That single licence has been awarded to the Dutch state-owned Holland Casino. This act provides for the issuance of only one licence for land based casino activity, creating a state owned monopoly.

The key legislation covering gambling in the Netherlands is the Dutch Gambling Act of 1964 commonly referred to as the Wok. Review About Land Based Casinos in the Netherlands

Top 10 casino online nl