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Gambling products and lotteries have been present in the Netherlands for many years. In fact, one of the oldest lotteries in the world, the national state lottery, Staatsloterij, has been around since The Netherlands has always been strict towards the gambling industry in order to protect all citizens.

The gambling market of the Netherlands is mainly dominated by big national operators such as the Staatsloterij, Postcode Loterij, Lotto and Holland Casino. With the new gambling law, everything is about to change in the gambling industry. Holland Casino which is the biggest dominator in the industry and owns most of the casinos in the country is becoming a private company and online gambling is set to be legal. With the world and technology changing and improving at rapid speed it is vital for the Netherlands to make a change.

The online gambling industry has grown massively over the last couple of years and with players flocking to online sites, by implementing new gambling regulations the country can make millions in revenue from both Dutch and international casinos.

An independent governing body known as the College van Toezicht op Kansspelen online legal sites casino founded in to regulate and control gambling in the Netherlands.

Their main task was to enforce and ensure that licensees comply with the Dutch Gambling Law. The body was lifted and replaced with the Dutch Gambling Authority in April The Dutch Gambling Authority is mainly focused on protecting Dutch players from all illegal and criminal forms of gambling and any possible false or misleading advertisements. They article source stand guard for the safety and reliability of gambling products and activities Netherland has on offer.

The independent governing body goes to great length to prevent gambling addictions and protect minors and vulnerable citizens from exposure to gambling. One of its biggest functions is to put sanctions in place that will protect the players. It seems that the biggest concern of the Netherlands governing body is to keep profits in-house. The Remote Gambling Bill was penned in but was only passed in the lower house court in It online gambling law netherlands yet to be approved by the state senate.

Many believe that the hold-up and prolonging of the legalisation is a strategic play from the government. Holland Casino basically has state-granted monopoly on gambling in the Netherlands and provides the online gambling law netherlands income due to its 14 casinos operating in the Netherlands.

The profits from the Holland Casino chain go directly click at this page the Dutch Treasury. There have been speculations that the Dutch government is looking to sell the company which will mean that gambling will soon become a private sector.

While the privatization of the gambling industry is not a main priority it has been on the list since early The new Online Gambling Bill will impose stricter laws on unlicensed offshore http://robotstrading.info/online-slot-game-malaysia.php. The new online gambling law netherlands regime that arose in December states that wrongdoers will receive severe punishments from here on forth.

The amount of the fine will depend on the seriousness of their violation and the aim is to put a stop to any illegal gambling in the Netherlands. Inthere was no taxing on casino winnings but there was some on lottery winnings. Casinos were expected to pay This tax rate is extremely high and can be argued to be counterproductive seeing as the main aim of the bill is to channel online gambling law netherlands online click the following article funds into the country and not out of it.

The reason for the high tax rate online gambling law netherlands to protect the current monopoly operator, Holland Casino, from possible competition. It is also considered reasonably fair seeing as online gambling law netherlands is the same tax that is levied on land-based casinos. It is quite possible that the high tax rates could potentially destroy the market before it has been completely established. Not only will the higher cost of the regulated market provide unlicensed and offshore online gambling law netherlands with a price advantage, but it could alienate prospective customers.

The reason for this being that the higher tax rate on operators will be passed on to players meaning there will be lower bonuses, benefits and higher costs involved in online gambling.

According to the German economic and legal research consultancy, Academicon, the tax level is most important and should carefully be considered as it has the potential http://robotstrading.info/play-blackjack-real-money.php destroy the market. This was stated in a report, estimating the potential size of the Netherlands market, released in September While the new Online Gambling Bill was finally passed by the Dutch Lower House init might be quite some time to go before online gambling is completely legal in the Netherlands.

However, with the pressure put on lawmakers from the European Commission, iGaming will likely become a regulated market in According to the Netherlands Gaming Commission, operators could possibly wait until to obtain licenses to enter the regulated Dutch online market.

Netherlands Gaming Authority spokesperson, Marja Appelman revealed that the opening date online gambling law netherlands the regulated market is set to be at the start of Four of the most popular online slots with big jackpots waiting to be won.

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Law to allow online gambling in the Netherlands faces more delays - robotstrading.info

The Netherlands Country of the Online gambling law netherlands, Dutch: It is a small, densely populated country, located in Western Europe with three island territories, deemed special municipalities, in the Dutch Caribbean. The content of this chapter is limited to the country of the Netherlands. Local municipalities supervise the licensing as well as the operation of local events within their region, which also includes the monitoring of gambling machines in public houses.

The KSA has also been involved in preparations for the launch of a legal framework that should have accommodated the distribution of online gambling licences, officially as of 1 January However, the proposed legislation was met with heavy criticism from the market as well as Dutch parliament.

InGaming Legal Group had already predicted that the draft legislation in its current form would not be workable and acceptable. On 7 Julyconsensus was reached on the proposed legislation and was then passed read article the Dutch Senate for final approval or rejection.

The main cause of the many delays has online gambling law netherlands disagreement between various parties regarding the tax rate to be levied. Online gambling law netherlands proposal was opposed by Gaming Legal Group on behalf of many land-based operators who felt that their online gambling law netherlands would suffer.

Despite opposition online casino hry the online operators, this proposal was online gambling law netherlands. Even if the Dutch Senate passes the draft legislation, it is expected that this will not lead to any active licences any time soon because of the relatively high tax burden as well as various legal obstacles.

Sanctioning policies online gambling law netherlands violators are described in more detail in section 4. Although online gambling law netherlands holding regulatory authority, noteworthy is the representative of Dutch operators of gaming devices: A game of chance continue reading by Dutch law defined as an opportunity to compete in the distribution of a prize or premium in connection with the outcome of a random event on which the participants do not have a predominant influence.

Under Dutch law, games of chance may be domestic or foreign in origin. Therefore, services and products deemed financial instruments are excluded finden free casino slot games download the legal definition of a game of chance.

InGaming Legal Group initiated administrative litigation procedures against AFM, who included the ownership of a gambling licence as a pre-requirement for the issuance of a financial licence. In Januarythese procedures resulted in a ruling of the court in Rotterdam that financial instruments can indeed not be deemed as games of chance as well. This resulted in the first binary options licence, issued by AFM in the Netherlands. Nevertheless, AFM has appealed the ruling.

The Dutch higher administrative court gave its final ruling on 4 Octobermaking the ruling of the lower court final. This means that financial instruments cannot be deemed games of chance in the Netherlands. The ramifications of this are also expected to be felt in other Member States of the European Union. Recently, Belgium introduced a ban on binary options. Since Member State legislation should be compliant with the MiFID, it is doubtful if this local legislation will meet European standards.

For more information, we would like to refer you to the following articles: For more information on the treatment of binary options in Malta, we refer you to our Malta chapter. Online gambling law netherlands legal framework that regulates Dutch games of chance is concentrated in the abovementioned Dutch gambling act: An exception applies for specific small operations, which shall be tolerated if specific criteria have been met.

Such criteria include characteristics such as scope, importance and elements of charity, and vary per local administrative municipality. As a general guideline, no licence shall probably online gambling law netherlands required if a game of chance is offered within a small community and the prize does not exceed the amount of EUR A local administrative licence usually is required if the total of the prizes exceeds this amount.

A specific KSA licence might be required if the total of the prizes exceeds EUR 4, although there are many exceptions to this rule.

One should always consult a professional before organising a game of chance. Since the WOK was conceived init has been amended several times. Many online gambling law netherlands, Gaming Legal Group included, feel that the current legislation lacks consistency and vision http: There is currently no provision for allowing online games of chance, although a proposition for such a paragraph was sent to Dutch parliament in the summer of ; however, no substantial changes were introduced.

The number online gambling law netherlands specific types of licence is sometimes maximised by law. The WOK currently provides online gambling law netherlands the online gambling law netherlands of only one licence monopoly that allows for the operation of table games. This single licence has been power online casino paddy to the Dutch state-owned Holland Casinoalthough this state-owned monopoly shall end in the near future.

In Septemberthe Dutch Government decided that the publicly owned operations are to be split into five regions and sold to private parties in This decision has been motivated by the fact that Holland Casino incurred heavy losses in the past EUR Specific sports just click for source, such as horse racing, has been monopolised separately. The monopoly on horse racing bets is currently owned by Sportech Racing B.

It is noteworthy that the Netherlands did already online gambling law netherlands a gaming taxation in place before the law that made games of chance legal was introduced. This did not happen before As a result, the Dutch Gaming Tax was only aimed at taxing illegal games of chance.

On 29 Julyin a case that was represented by Gaming Legal Group, the Higher Tax Court in The Hague ruled that taxation read more Dutch gambling machines, imposed on a Dutch operator as of 1 Julyconflicts with the right to the peaceful enjoyment of possessions, in line with Protocol No.

An amount of approximately EUR 1. The ramifications of this important judgment are expected to online gambling law netherlands substantial since it is likely that other operators shall also be entitled to damages. The Dutch Government has appealed and a final ruling in this case is expected in In general, all Online gambling law netherlands licence application procedures are mainly focused on ensuring that those offering games of chance are suitable fit and proper to do so and that their operations will be of a http://robotstrading.info/casino-online-italiani-con-bonus-senza-deposito.php and therefore acceptable risk to the public.

As online gambling law netherlands of the application and compliance procedures, the applicant is required to provide documentation on the following:. Gambling facilities, such as software, may be freely produced without a licence. Software may be supplied to foreign operators in a business to business B2B environment, if this operator has been fully certified to offer online games of chance to specified legal markets. Suppliers are required at any time to provide proof of the fact that they are not participating in illegal activity of any kind.

Gambling machines online gambling law netherlands be sold to the market without a specific gambling licence, although machines should always be certified to comply with the legally required specifications. Gambling machines may be owned by anyone if they are not being operated thus for collection purposes. If gambling machines are operated and the machine is being leased from click owner, the owner lessor as well as the de facto operator lessee is required to hold specific licences.

Are personal and premises licences needed? Online gambling law netherlands key suppliers need authorisation? In play casino slots online for free no download, an applicant should have its principal or a subsidiary permanent establishment somewhere within the European Union EU or European Economic Area EEAor in a state that has been identified by the Dutch Minister best paying out online casino Justice as having sufficient safeguards against criminal activity such as money laundering and the financing of terrorism.

These criteria have been codified in the abovementioned Wwft. Professionals who do not execute Wwft obligations properly may be held liable. Ideally, the applicant should have a full legal status as a legal entity. Alternatively, a legal partnership Dutch: This proof could be provided online gambling law netherlands a certificate of good standing that has been issued by the local or national administration, and can also include a recommendation by a private individual.

These requirements may also be extended to members of online gambling law netherlands staff who operate within certain establishments that offer games of chance. Depending on the type of licence, third parties may also be required to hold a specific licence for their appointed tasks. For example, in best live casino games online uk case of a gambling machine operation, the legal owner of the gambling machine is required to hold a specific ownership licence.

However, the proprietor of an arcade establishment is required to hold a separate arcade licence with an additional licence attached in which the maximum number of allowed gambling machines is described. In addition to all these requirements, by law, a separate integrity check must be performed. Small Integrity Assessment Dutch: The local click here may also opt to invoke a national assessment screening, which is performed by the national BIBOB institute, nicknamed: This investigation results in non-binding online gambling law netherlands in which the licence applicants risk status is earmarked as low, medium online gambling law netherlands high.

Since the abovementioned advice is non-binding, the administrative body that has opted for the national BIBOB assessment has a final say in the matter. Due to the extensive amount of research involved with a national assessment procedure, the concrete application procedure may take up to a year to reach completion. The licence applicants are required to pay for all integrity assessments.

Whether or not an administrative authority will opt for a small or large integrity assessment, traditionally, heavily depends on the region. For example, the region of Amsterdam is infamous for opting for a large integrity assessment. Depending on the scope of the investigation, costs for initiating this procedure may vary from EUR up to EUR 5, Licences may come with additional rules and limitations attached, which may be amended, supplemented, or revoked by the proper authorities at any time.

Depending on the circumstances, additional rules and regulations may be added to the already existing duties of the licence holder regarding methods of player recruitments and solicitation. Furthermore, online gambling law netherlands licence holder is, by law, at all times required to be fully aware of signals of gambling addiction, and he or she is required to execute policies aimed at the prevention of risks that are associated with gambling win casino online reviews palace. Gaming Legal Group feels that this pre-registration does not bring an applicant in a better position and one should first seek professional guidance before entering into any application process whatsoever.

Time this web page on applications are heavily dependent on the application of a specific type of licence.

For example, a gambling machine ownership licence could be relatively easily obtained within the time frame of a month, whereas the application of an arcade establishment licence could take years. Duration of an issued licence also varies. Some licences need to be online gambling law netherlands every year, while location-based click to see more can have a duration of several, up to ten, years.

One should therefore consult with a local professional prior to starting any desired online gambling law netherlands procedure. Please include in this answer the material promotion and advertising restrictions. The operation of the licence holder read more strictly limited to the scope of its specific licence.

Due to the nature of the abovementioned WOK legislation, any non-licensed activities connected to gambling operations will be stipulated as illegal and open up the participating subject or subjects to criminal prosecution. In this regard, a noteworthy subject source interest is the current position of the operation of online games of chance.

These specific activities are article source restricted since the WOK legislation does not provide for a licensing structure. KSB is levied from:. Operators who have the legal online gambling law netherlands of gambling machines. The tax is calculated over the gross revenues.

Online Gambling Bill Passes in Delaware! APCW Perspectives Weekly for June 29th, 2012

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