The Dutch gambling regulator, Kansspelautoriteit (KSA), decided to grant access to the interested operators in the Netherlands other than the latest gambling regime. It expects to award 35 licenses in the initial round.
This agency claimed that the applications for license processing would start from 1st April. That news was revealed in its annual report earlier this week.
The international iGaming and wagering will be representing the companies that will get KSA license. The regulator stated that application review preparations, approval of candidates for obtaining a permit, and new gambling regulation implements define its operations throughout 2020.
Because of the COVID-19 pandemic and other difficulties, the gambling operations were shut-downed for a long time in the Netherlands. After this long period, this country’s gambling organizations are now ready to reopen on 1st October.
The new Remote Gambling Law is taking the place of the previous nation’s Games of Chance Law. This Games of Chance Law was announced in 1964 when there was nothing about online gambling and its digitalization.
In the summer of 2016, the new law has been cleared in the Dutch Parliament’s lower house. That progress was inhibited for two and half years. In 2019, after the Senate passed it, the operation begins again.
The regulatory claimed that ‘Play Safe’ replaced the previous state ‘Safe play in a fair market mission.’ Chairman of Kansspelautoriteit René Jansen stated that their work considered the player’s and consumer’s interest. A fair market will always remain an essential objective, and that’s allowed the players to play safely.
The regulator aimed to connect all licenses to the CRUKS self-expulsion scheme. It will help KSA to access it and monitor and observe how operators serve consumers. It will be considered for their expulsion from gambling. The regulator took that action to assure a secure and safe controlled environment for gamblers of that region.
Kansspelautoriteit instructed all locally licensed operators to provide their Local Control Database (CBD) and all the information they collect from games. It could help Kansspelautoriteit to regulate all game operations remotely. Several actions are required at this moment to available the system operation soon.