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Late flurry sees increased interest for Dutch iGaming licenses

Dutch gambling regulator Kansspelautoriteit (KSA) has confirmed that it received 183 notifications from companies interested in applying for online gaming licenses in the Netherlands.

The KSA opened registrations earlier this month, with prospective licensees having until Friday 21 June to complete the registration form on the KSA website confirming their intention to apply for licensure.

By the end of last Thursday (20 June) there were 125 interested notifications, with 58 more reported during the course of Friday.

Of the total, more than half of the interested companies (89) came from abroad, while 83 already have an online gambling license in another territory. There were 74 companies offering games in the retail gaming sector.

The regulator pointed out that the number of notifications did not mean that so many permits will be issued when the market is expected to open on 1 January 2021.

The KSA said that strict requirements are set with applicants to be tested for reliability and integrity, as well as financial requirements to cover application costs of €45,000 and a financial guarantee of €830,000.

The regulator noted that in Sweden’s recently re-regulated gaming market there were around 160 companies that showed an interest in obtaining a license, with approximately 90 licenses ultimately issued.

The KSA is currently setting up the licensing process following the adoption of the Remote Gambling Act by the Dutch Senate earlier this year.

Once the law has formally become effective, the KSA can begin licensing online gaming operators after 1 July 2020, with the market set to open on 1 January 2021.

https://www.gamingintelligence.com

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