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The Netherlands Set to Open Gambling Dialogue

Operators seeking licensing will meet with the Netherlands Gaming Authority (NGA) to discuss a prospective regulatory regime in the nation.

The consultations is scheduled for January 28 and will be held in the Hague, the seat of the Dutch government and parliament. The NGA, which has been holding discussions with regulatory counterparts across Europe, confirmed plans in October 2012 to legalize the nation’s gambling market.  

The new coalition government, led by Mark Rutte and Diederik Samson, estimates that a tax rate of 29% of GPT would generate €31 million in annual revenues. However, this is the levy applied to land-based gaming concerns, and will likely be much lower for online operators.

Before attending the consultation, prospective licensees have been asked to indicate what a viable tax rate would be, and how logistical concerns like identity verification should be handled.

Despite some initial expectations of a restrictive regime (see neighbors Belgium, as an example), Dutch legislation will likely “mirror the more liberal Danish model,” according to eGaming Review. A 20% gross gaming revenue tax, broad product range and the ability to tap into international liquidity has attracted Europe’s leading operators to Denmark.  

According to data from H2 Gambling Capital published in eGaming Reivew, a regulated igaming market in the Netherlands would be worth €223 million by 2015. A draft bill will be issued to stakeholders for consultation in the first quarter of 2013.

 

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