Gaming Authority expects to receive 100 applications for online gambling

In February 2019, the new law Kansspelen Op Afstand (KOA) finally passed the Senate. This new law, drafted by Minister Dekker, will create a legal market for online gambling.

This is good news for sports betting enthusiasts and for people who like to play at an online casino. This is already possible, but not at a Dutch oriented casino. This means that the Dutch language is not used and there is no possibility to deposit money via iDeal. This means that, as a Dutch player, you are currently at the mercy of foreign providers.

Dutch Gaming Authority expects a hundred applications

In an interview with BNR, the chairman of the Kansspelautotoriteit (KSA), René Jansen, said that his expectation is that in January 2021, the date that the window for applications officially opens, more than 100 companies will apply for a license. With such a license it is now legal to offer online gambling.

The cost of applying for this license is €45,000. This amount is solely for the application and the verification that this application entails. It is possible that the KSA will ultimately reject the application. In that case, the applicant will still lose the full amount of €45,000. This amount would really be entirely necessary to properly carry out and verify the application.

Stringent requirements for license

According to chairman Jansen, there is a good chance that not all applicants will meet all the requirements and will be approved. The Gaming Authority will strictly monitor that the applicant has a good plan with respect to fighting the risk of gambling addiction. Also, the strict law BiBob will be applied to all applications. The BiBob law is mainly about the investments that companies will use. And especially that these are obtained in a legal, transparent way.

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Effective date already postponed once

With approval of the bill in the Senate in February of 2019, the expectation was that the processing of the law would be reasonably fast and that applications would be allowed to come in from July 2020. However, this turned out to be a somewhat too ambitious plan and Minister Dekker was forced to move the date to January 2021. It is not yet clear whether this date will indeed be met or whether there will be a delay.

Once the applications come in, the committee has six months to review the application. That is the legal period in which this must be done. This means that in July 2021 the first legal gambling sites with the appropriate license for the Dutch market will open their digital doors to Dutch players.