Dutch Authority Warns Sports Operators to Toe the Line
Published July 18, 2014 by Lee R
With regulation set to move forward, the last stages of unregulated penalties are in effect in the Netherlands.
Dutch regulators are widening the net around unlicensed regulators.
Infringers Still Targeted Before Regulation
Despite the effectiveness of letter that the Gaming Authority sent to prevent marketing to Dutch customers, the Dutch Gaming Authority is still targeting lingering infringers who are still out there.
Dutch Gaming Authority Kansspelautoriteit has issue a warning to sports betting firms that the government will continue to monitor any illegal marketing activity in the country on the heels of what it calls a “successful” crackdown during the World Cup.
Warning Letters
The referred to letters were issued in June as warnings to eight online sports books informing those sports books that adversadvertising online gaming to Dutch residents is currently illegal under the Gaming Act.
The message was reinforced today. The Kansspelautoriteit explained that it “continues to monitor everything, including the Tour de France.” The authority further warned that violators could face recrimination down the line when they seek licenses in the soon to be regulated state.
New Comprehensive Regulation
Currently, the only allowable sports betting that can be done is through the Dutch Lotto; a more liberal licensing regime is not far off however, with the market being opened to foreign and local operators by 2015.
The Dutch authority specified the course of its further monitoring in an issued statement:
“The Gaming Authority expects that all providers own promotional websites - sites of companies in which they provide information about matches and players which can be clicked through to the betting site - be stopped.”
Final Figure Settled Upon
The Dutch Council of Ministers has been butting heads on the amount of taxation on online gambling profits once regulation takes place, finally settling on a figure of 20% as the tax on profits which enabled regulation implementation proceedings to move forward.
