Dutch Turnkey Gambling Solutions to Be Legalized By 2015
Dutch online gambling is about to be legalized in the near future, taking into consideration that the government has taken another step towards allowing operators to start online casinos in the Netherlands. Thus, operators who are looking for turnkey gambling solutions might like to know that the Dutch Remote Gambling Bill has recently been carried forward to the House of Representatives on July 23.
The bill will be debated in September, and if it is passed by regulators, it will be presented in the Senate, sometimes before January 1, 2015. Fortunately for entrepreneurs who are interested in purchasing turnkey gambling solutions, the Dutch government intends to introduce a lower tax rate of 20% compared to the current 29% tax rate which is supported by Holland Casino. Operators in the Netherlands would then be granted 5 year licenses that would allow them to start casinos with complete gambling solutions.
At this point in time, the Dutch government strictly controls Gambling in the country and all gambling establishments are controlled by Holland Casino, which has absolute monopoly on the gaming and betting industry in Holland since the 1970’s. When the Dutch Remote Gaming Bill is passed, it would legalize turnkey gambling solutions in the Netherlands until the second quarter of 2015. After that, the online gambling industry would be launched by June 1, 2015.
Operators who apply for a license would have to be registered in the European Economic Area or a European Union member state, and would have to supply copies of their information in a Dutch online database.
Experts explained that turnkey gambling solutions in the Netherlands would attract around 80 percent of Dutch casino gamers that currently play at foreign licensed sites. More than that, online gambling advocacy body Speel Verantwoord said that if the government introduces a 10 percent tax rate on gambling operations, no less than 95 percent of active gamblers would switch to playing at regulated Dutch gambling sites.
BY CASINOWEBSCRIPTS PUBLISHED 28 July 2014