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Entain Exits Dutch Betting Market

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3 years ago

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Entain plc, the global sports-betting, gaming and interactive entertainment group, has decided to exit the Dutch betting market.

Since July 2019, Entain has been operating in compliance with the Netherlands Gambling Authority (NGA) “cooling off” criteria. In accordance with the NGA’s policy changes announced last week, Entain will cease its offering for players in the Netherlands on 1 October 2021. This will impact EBITDA by around £5m per month. Entain will submit its Dutch licence application later this year and the Group aims to be granted a licence during the first half of 2022, in line with the Group’s objective of only operating in domestically regulated markets.

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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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