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Dutch-language online casinos topping the agenda as key regulatory date arrives

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Dutch-language online casinos topping the agenda as key regulatory date arrives
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The Netherlands has always been one of gambling’s European heartlands, but it has been pushed right to the top of the iGaming agenda in recent weeks. The Kansspelautoriteit (KSA), the Netherlands regulatory body, officially started processing applications for online gambling licenses 01 April, as the six-month countdown began to the online casino market officially opening on 01 October for operators granted a license. René Jansen is the KSA Chairman, and he anticipates that the body will issue approximately 35 licenses in readiness for the official opening.  

 

A blossoming market 

Of course, this is welcome news for would-be operators in the Netherlands. But it also has broader implications for the European casino industry. Research by Statistics Netherlands (CBS) shows that online gambling activity in the Netherlands has escalated dramatically, increasing by 150 percent from less than 500,000 people in 2015 to around 1.2 million in 2019. Revenue has increased even more dramatically, showing more than a tenfold rise, from less than €300 million to more than €3 billion over the same timeframe. 

 

Bringing order out of chaos 

The new licensing regulations will seek to bring order to what is currently a chaotic online gambling market. Until now, Holland Casino has held a monopoly on gambling within The Netherlands – at least in theory. The problem has always been that overseas operators have welcomed Dutch players to their online platforms with open arms, and attempting to prevent them has been as fruitful as nailing jelly to a wall – and also as messy.  

Since 2019, however, with the new roadmap agreed, the KSA has stepped up compliance monitoring and has not been shy about fining big-name operators. In fact, in 2019 alone, it issued 10 such fines for a total amount of €3.5 million. The message could not be clearer – get in line and apply for a license or stay away from the Netherlands! The KSA has even gone so far as to say that operators who have tried to circumvent the rules in the past, for example by offering Dutch language versions of their platforms, will be pushed to the back of the queue. 

 

Broader market opportunities  

Yet therein lies an important distinction. Dutch gamblers and gamblers in the Netherlands are not necessarily the same thing. In fact, of the 23 million Dutch-speakers in the world, approximately one in four live outside the Netherlands. Even the most conservative estimates would place that at more than a million Dutch-speaking casino players living outside the Netherlands, and possibly as many as two million. 

The implications are clear – with the average player spending €190 per year, there’s a market worth something in the order of a quarter of a billion Euros per year in revenue just ready and waiting for quick-thinking affiliates. Already, we are seeing early movers like Casino Senpai aiming to fill this gap with content and casino listings aimed specifically at this market.  

 

Opportunities for all 

Unlike the situation in some emerging markets, gamblers in the Netherlands are not heavily biased towards any one type of gambling. Sports betting is expected to be the larger part of the market, but not by a significant margin. Casino games are also popular, with roulette attracting the most players, and blackjack close behind it.  

These are exciting times for the gambling market in the Netherlands, and the new regulations bring a world of opportunity to operators in all niches. The newly licensed operators will also bring a world of choice to Dutch speaking gamblers, so when 01 October comes around, it should be a day of celebration for all. 

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Win tickets to the BLAST Premier Fall Final: GG.BET is running a MEGA BLAST Competition for fans of СS2

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From 26 July, all GG.BET users can get involved in the new MEGA BLAST Competition with a €10,000 prize fund. The winner will receive two tickets to the BLAST Premier Fall Final CS2 tournament, taking place from 27-29 September in Copenhagen. To enter, you need to place bets on Counter-Strike 2 matches.

BLAST Premier Fall is a major series of Counter-Strike 2 tournaments which draws in millions of viewers from all over the world every year. The series consists of three stages: Groups, Showdown, and Finals. The Groups stage sees 16 Tier-1 teams duke it out. Only 6 of these can go on to compete in the final, while the rest will battle it out in the Fall Showdown for two additional spots in the final. BLAST Premier Fall Finals will be the concluding stage of the Fall series, and fans can look forward to electrifying action, heart-stopping twists and turns, and an epic $425,000 prize fund.

From 26 July to 4 August, as the Groups stage rages on, GG.BET will be holding its MEGA BLAST Competition. The winner will get their hands on two tickets to attend every day of the BLAST Premier Fall Finals. As well as these tickets, the bookmaker is also giving away a whopping €10,000 prize fund to the top 40 participants in the MEGA BLAST Competition.

How to take part in the MEGA BLAST Competition:

  1. Register an account with GG.BET or log in to an existing account.
  2. Go to the tournament page and press “Participate”.
  3. Place bets on Counter-Strike 2 matches. Every bet you place will earn you a certain number of points, based on the odds.
  4. Rack up points, keep an eye on the leaderboard, and wait for your winnings to roll in.

Bet on your favorites and get ready for some unforgettable fun! Head over to GG.BET right now so you don’t miss your chance to enjoy a festival of Counter-Strike action in Copenhagen.

 

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MANCHESTER CITY TO MARK GLOBAL PARTNERSHIP WITH SUPER GROUP-OWNED BETWAY AT THE NEW YORK STOCK EXCHANGE

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Manchester City has today announced a new multi-year partnership with leading global online betting and gaming brand, Betway.

As part of the club’s pre-season tour of the United States, and to mark this significant deal, leading figures from Manchester City and Super Group will be on-site for the iconic NYSE bell-ringing ceremony later today. Ferran Soriano, CEO of City Football Group, along with Neal Menashe, Super Group CEO, will ring The Opening Bell at 9:30am EDT.

The agreement will see Betway become the club’s Official Global Betting Partner from the start of the 2024/25 season, as Manchester City joins the brand’s extensive sports sponsorship portfolio which includes teams from across the Premier League, La Liga, NBA and more.

Ferran Soriano, City Football Group CEO, said: “We are pleased to announce Betway as our Official Global Betting Partner today. As a globally recognised brand, Betway has a strong pedigree and history of working with high-profile brands within the sports space and we’re excited to work together throughout the partnership.”

Super Group CEO, Neal Menashe, commented: “We are absolutely delighted to become Manchester City’s Official Global Betting Partner. This agreement cements our place in the top tier of Premier League partners, ensuring that our Betway brand reaches fans in all corners of the globe.”

Throughout the duration of the partnership, Manchester City and Betway will collaborate on a number of activations and exclusive content opportunities, in addition to the brand featuring across digital and in-stadia assets.

Manchester City and Betway will also work together to provide all players, coaches, management and staff in-depth, industry leading training on all relevant codes of conduct relating to betting integrity and responsible gambling. This is in addition to the work Manchester City already does to support players and staff in this area.

The Opening Bell ceremony can be viewed live.

 

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Compliance Updates

Acquiring a Curacao Online Gaming License in 2024: Comprehensive Analysis of Financial & Procedural Aspects with Costs & Timelines Detailed

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The “Acquiring a Curacao Online Gaming License, 2024: Comprehensive Analysis of Financial & Procedural Aspects with Costs & Timelines Detailed” report has been added to ResearchAndMarkets.com’s offering.

This report includes valuable insights into the financial and procedural aspects, including detailed information on costs and timelines associated with acquiring a Curacao license.

In 2023, Curacao introduced the “Landsverordening op de kansspelen” (Ordinance on Games of Chance) to modernize and regulate gambling legislation. Since March 2020, the Gambling Control Board (GCB) has been authorized to regulate offshore gambling games and oversee the issuance of Curacao licenses. As of 2023, there are 16 companies providing legal services for registration and licensing in the territory of Curacao. The license fee, as per GCB regulations, is 36,000 ANG or 19,800 USD, payable upon license issuance.

Research Timeline and Data Relevance

The research was conducted in two stages. The first stage, studying the regulator and Open Data Search, took place in December 2023. The second stage, writing the report and partially updating the data from the first stage, took place from the end of April to the end of May 2024.

Goals and Objectives

  • Describe the information about the Curacao license and the issuing regulator.
  • Describe the requirements and conditions for obtaining a Curacao license.
  • Describe the costs and timelines for obtaining a Curacao license.
  • Briefly study the market, find and suggest the following lists:
    • Legal companies offering services for company registration and obtaining a Curacao license;
    • Communication agents and integrators working with the Curacao license;
    • Suppliers and vendors working with the Curacao license;
    • Payment systems working with the Curacao license.

Key Topics Covered:

1. Goals and Objectives

2. Research Timeline and Data Relevance

  • Document Markup
  • Raw and Combined Data
  • Terms & Glossary

3. General Information

  • The Regulator
    • Registration of Operators With Sublicense
    • Application for an Online Gaming License

4. Requirements and Conditions for Obtaining a License

License Conditions

  • General Prohibitions
  • Safe and Secure Environment
  • Equipment and Application Software
  • Player Registration
  • Payment Transactions
  • Games
  • Terms of Use
  • Resolution of Complaints
  • Administrative Responsibilities
  • Publicly Available Information
  • Reports
  • Policies and Procedures
  • Suspension and Revocation of License
  • Additional Conditions
  • Supervision

Recommendations or Minimum Requirements for the Business Plan

5. The Cost of the License

6. Decision Term and the Validity of the License

7. Application Method and Forms

8. Contact Information

9. Companies for Registration and Licensing

10. Integration Companies

11. Suppliers and Vendors

12. Payment Systems

13. META

14. Appendix: Terms & Glossary

For more information about this report visit researchandmarkets.com/r/izeo6g

 

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