Dutch Regulator Invites iGaming Operators To Register Their Sites
There are a number of governments across the world that are looking to regulate online gambling and tap into this lucrative market. Denmark has been rather slow to get in on the act given the fact that a gaming bill cleared the Lower House nearly 3 years ago. Legislators finally approved the bill in Feb 2019 which has resulted in online gambling being legalized.
The Dutch gaming regulator Kansspelautoriteit (KSA) is working on a strategy to roll out the Remote Gambling Act but has warned that it will be a time consuming process given the fact that the KSA is not a very big organization and the process to develop and implement gaming regulations in a lengthy and tedious process.
The KSA has confirmed a timeline on the matter stating that it expects to release and implement online gaming regulations by July 1, 2020. These gaming regulations will include the gaming application license fee, the cost of a gaming license and taxes that iGaming operators will be subject to.
Once this information is made public, iGaming operators will then be encouraged to apply for a gaming license. The KSA expects to have its iGaming industry up and running before Jan 1, 2021. That’s quite a long waiting period but the KSA is determined not to rush things and make errors with the regulation process.
The KSA believes that it will be in a position to process things faster, if it can get an idea as to how many iGaming applications it will receive. The KSA has called on interested iGaming operators to register at its official KSA website and confirm that they are interested in a gaming license.
René Jansen who heads the KSA said that the gambling watchdog will focus its attention on processing things as fast as possible and look to hit the mentioned deadlines. The KSA will look to do this with its existing employees but if it finds that the workload is too much, then it will look at hiring external staff to get the job done.
Unlicensed Operators Will Face Crackdown
One thing that the KSA will look to implement with its new gaming regulations is a stringent crackdown on offshore operators. The KSA will have to crackdown on unlicensed gaming operators who continue to offer their services in Denmark.