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Netherlands Senate Debating Online Gambling and Holland Casino Privatization Bills

George Miller

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Netherlands Senate Debating Online Gambling and Holland Casino Privatization Bills
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The Netherlands Senate is about to proceed with discussions on several bills that aim to propose important changes to both the online and land-based sectors of their gambling industry. The regulations were already approved by the House of Representatives, but have seen little evolution in the upper chamber of the country’s main legislative body since then.

The countries upper legislative forum is set to debate today on the above-mentioned bills as well as on a recently penned letter by Dutch Minister for Legal Protection Sander Dekker that revealed an agreement on an important provision in the country’s Remote Gambling Bill had been reached between legislators.

House of Representatives of the Netherlands approved the Remote Gambling Bill two years ago, back in 2016. Altogether, the bill allows for the regulation and liberalization of the Netherlands’ online gambling market. Foreign online gambling companies will be able to apply for licenses and operate in the regulated environment.

The piece of legislation needs to be approved by the Senate in order to come into effect as a law. In a letter from last week, Minister Dekker informed the House of Representatives that they had agreed on the physical presence provision included in the bill. Under lawmakers’ agreement, gaming and betting companies based in the European Union or the European Economic Area will not be required to establish offices in the Netherlands in order to be allowed to operate in the country. However, companies located outside the EU/EEA will be obligated to have physical presence in the country.

The much-needed clarification in relation to the physical presence language in the Remote Gambling Bill was considered by many as the final big hurdle before the long-delayed consideration of the piece in the nation’s Senate.

As mentioned above, members of the Senate Committee for Justice and Security have included Minister Dekker’s letter as well as the bill itself in their Tuesday agenda. It is yet to be seen how much attention the gambling matter would be paid to today.

Privatization of Holland Casino

The committee is also discussing another matter mainly the privatization of Holland Casino, the nation’s land-based and state-run operator.

The Dutch House of Representatives approved early last year a bill on the matter and it is now up to the Senate to act on the planned privatization of the casino operation.

Under the legislative piece, Holland Casino’s ownership of fourteen land-based casinos across the nation would be split in branches. Ten would remain part of the Holland Casino brand, while four would be sold separately. Two additional casino licenses are planned to be issued under the proposed bill.

Under one of the provisions, the private operator that would purchase the ten venues would not be allowed to obtain any of the other six available licenses. The privatization of Holland Casino would be reviewed and evaluated five years after its completion under other another language. The country’s government is expected to reap over €1 billion from the move.

Source: CasinoNewsDaily

George Miller started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Gambling in the USA

Sport betting to begin in Rhode Island casino in December

Niji Ng

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Sport betting to begin in Rhode Island casino in December
Photo Source: metro.us
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Twin River Casino in Lincoln in the US state of Rhode Island will starts sports betting in December.

The casino will open a well-equipped sports betting lounge, with screens showing live games and odds from around the country. “I see folks coming from Connecticut, Massachusetts and New Hampshire,” said Mike Barlow, who heads up operations for the company that owns both of Rhode Island’s casinos.

Rhode Island is among the first jurisdictions legalised sports betting. With Massachusetts and other north-eastern neighbours still debating the issue, Rhode Island lawmakers this summer approved sports betting at the state’s casinos, Twin River and Tiverton Casino Hotel.

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Gambling in the USA

Puerto Rico to make slots outside casinos legal

Niji Ng

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Puerto Rico to make slots outside casinos legal
Photo Source: wbur.org
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Puerto Rico’s legislator has approved a tax reform that makes slot machines outside casinos legal, in spite of the controversy surrounding the move.

Both the House of Representatives and the Senate approved the bill and Governor Ricardo Roselló put his signature make the bill into a law.

The Financial Oversight & Management Board for Puerto Rico had raised concerns against the move, as it argued that these machines would eat into the revenues of casinos, which indirectly funds government programmes. The organisation’s chief executive Natalie Jaresko had criticised the government’s plan and said that the board had not seen evidence that the video lottery proposal would not eat into other island revenue streams.

Even as it was highly questioned, the piece of legislation is expected to be signed into law by Governor Roselló, who repeatedly voiced his support for it and said he was “satisfied” with the plan and that “if there are no hurdles ahead, I’ll sign the bill.” He also explained that “should any obstacles come up (…) we’ll have to fix them fast.”

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Industry News

New Zealand registers mild increase in gaming revenue

Niji Ng

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New Zealand registers mild increase in gaming revenue
Photo Source: CNN.com
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The Gaming Machine Association of New Zealand (GMANZ) has published the quarterly financial results of the gaming sector. Its highlight is the 3.4 per cent rise in Gaming Machine Proceeds (GMP) from pokies in the country from June to September.

The GMP rose by €6.7 million, but the numbers of poker machines and the venues where they are decrease.

According to GMANZ spokesperson, Bruce Robertson, the results provide a fair reflection of the success of the balanced, controlled and sustainable approach of the Class 4 model that they have in New Zealand. He added that the heightened activity is happening against the backdrop of an expanding economy.

“Gaming venues such as pubs and clubs aim to provide a safe, fun and regulated environment to those who choose this popular form of entertainment. Reduced accessibility to local venues and machines is likely to drive more players into the world of unregulated online gambling,” concluded Bruce Robertson.

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