October 30, 2012

Dutch coalition Government discuss sale of Holland Casino

The new Dutch ruling coalition of three political parties (the Liberal Party, Volkspartij voor en Democratie & the Labor Party) have announced their plans to modernise the gambling policies in the Netherlands aswell as reaching an agreement on the sale of the state-owned Holland Casino.

A gaming tax on land-based lottery & online gambling is in the pipeline for implementation in 2015.

Online gambling regulations will include:

Online gambling market to be legalised & regulated by the next termAn initial suggestion of a 29 percent gaming tax levied at online providers
Illegal providers currently providing services to Dutch residents to be excluded from the process

Licences withdrawn on non-payment of prescribed gaming tax

Modernisation of the Dutch online gambling policy will encompass regulation of the internet gambling, sports betting & poker sectors.

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