Tag Archives: netherlands

New mandatory playing limit safeguards will be applied to the Dutch KOA market from 1 October 2024. The announcement sees the Dutch government conclude its consultation, initiated in December 2023 by outgoing Legal Protections Minister Franc Weerwind on new safeguards and preventative measures of the Remote Gambling Act (KOA Act).  The safeguards form part of a ‘new protective scheme’, in …

Sports Media Entertainment BV has filed a further counterclaim against Entain Plc, stating that technical arrangements related to bonus costs and VAT exemptions had been infringed upon, negatively impacting the performance and valuation of BetCity.nl. The counterclaim is the latest development in the High Court of England & Wales dispute between Entain Plc and Sports Media BV and related associates …

Goldman Sachs has acquired 5.4% of Kindred Group, becoming the Stockholm-listed firm’s third largest shareholder as of 31 May. The trade bodes well for Française des Jeux’s (FDJ) M&A of Kindred, but Netherlands regulatory risks are real threat to how the deal will be finalised.  While all eyes this week were on French politics, Goldman Sachs acquired a 5.4% stake …

The Dutch gambling regulator Kansspelautoriteit (KSA) has highlighted three main areas which it will focus on during the Euros – prevention, supervision and enforcement.  In preparation for an expected surge in placed bets and gambling advertising during a summer of sports, the watchdog is tightening the control measures around youth betting.  Part of the regulator’s increased efforts is a campaign …

The formation of a new four-party coalition government in the Netherlands has brought sweeping changes across government departments.   As expected the change sees Franc Weerwind removed from his position as Minister of Legal Protections, overseeing the regulatory reform of Dutch gambling under the laws of the Remote Gambling Act (KOA).  Engaged in six months of negotiations, the Party for Freedom …

The Netherlands’ gambling authority Kansspelautoriteit (KSA) has changed its Responsible Gaming Policy with the goal of tightening regulatory control.  According to the updates, additional clarity has been brought to the ‘real time monitoring’ responsibilities of operators, together with a new clause for financial deposit limits.  For example, if an operator determines that a player “can no longer bear the financial …

Dutch ministers have been urged to recognise the risks of imposing unnecessary restrictions on online gambling consumers, which could impact the channelisation of the KOA market. The plea was made by NOGA, the Netherlands Online Gambling Association, which published new research by IPSOS on Dutch consumers’ sentiments and engagement with online gambling. Striking insights were offered by the ‘Online Gambling …

Dutch Online Gambling Association (NOGA) has cited ‘great concerns’ on gambling tax increases being adopted as part of ongoing negotiations to form a new coalition government. On Wednesday, the quartet of parties who are in ongoing discussion to form a majority government submitted their agreed ‘budgetary appendix’ to the House of Representatives. Led by Geert Wilders, the Party for Freedom …

The quartet of Dutch political parties arranging terms to form a coalition government has agreed to increase business taxes applied to the Netherlands’ gambling sector. Yesterday, the Party for Freedom (PVV) announced that it had agreed on a ‘basis of terms’ to form a coalition government with conservative counterparts of the Party for Freedom and Democracy (VVD), the New Social …

Betnation has introduced its new sportsbook in partnership with British sportsbook provider Metric Gaming and platform provider Bragg.  The move – effective immediately – marks Betnation’s entry in sports betting, with the sportsbook being described as having a ‘fresh and transparent design which promotes player safety and responsible gambling’. Keith Hayes, Metric Gaming CEO, commented: “We’re grateful for the trust …