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Compliance Updates

KSA Grants 10 Licences for Online Gaming in the Netherlands

Published

4 years ago

on


ccp-vec.net
Reading Time: < 1 minute

 

The Netherlands Gaming Authority Kansspelautoriteit (KSA) has granted 10 online gaming licences, moving regulated online gambling in the Netherlands one step closer to becoming a reality.

The licences will permit their owners to offer what the regulator describes as “games of chance” via the internet in the Netherlands from 1 October 2021.

Earlier this year, the KSA revealed that 29 applications had been submitted, with this marking the first confirmation that any have been successful.

Only one in three applications have thus far been approved because of stringent demands regarding responsible gambling, the Dutch regulator asserted in a statement on its website.

“High requirements are imposed on a licence, including in the field of addiction prevention and consumer protection, and the KSA tests rigorously,” René Jansen, Chairman of the KSA, said.

The Chairman also said he expects more licensees to be added in the short term, as several companies have yet to submit an application, and gave a prospective date of July 2022 for when he anticipates a more complete picture of online gambling in the Netherlands.

The KSA will announce which companies will receive a licence later this week.

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Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

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