The Netherlands is a country located in northwestern Europe. Parliamentary democracy under a constitutional monarch, the kingdom includes its former colonies in the Lesser Antilles: Aruba, Bonaire, Curacao, Saba, Sint Eustatius, and Sint Maarten. The capital is Amsterdam and the seat of government The Hague. The language in the whole of the country is Dutch. In the major cities especially, many people are fluent in several languages, reflecting the country’s geographic position, its history of occupation, and its attraction for tourists. English, French, and German are among the languages commonly heard.
Since World War II, the Netherlands has been a highly industrialized country occupying a central position in the economic life of western Europe. Although agriculture accounts for a small percentage of the national income and labor force, it remains a highly specialized contributor to Dutch exports. The Netherlands has a market economy, but the state traditionally has been a significant participant in such fields as transportation, resource extraction, and heavy industry. The government also employs a substantial percentage of the total labor force and affects investment policy.
Netherlands is one of the world’s biggest footballing nations. Their orange shirts create a bright sea of enthusiastic – and loud – support wherever they go, while the Dutch team of the 1970s transcended the sport with the invention of ‘Total Football.’ Field hockey is the secondary sport in Holland, with the Dutch national teams often performing exceptionally well. Golf and tennis are also popular, while cycling is given equal importance as both a mode of transport and competitive sport. Dutch cyclists’ impressive Tour de France achievements in the late 60s and early 80s helped to inspire a dedicated fan base which still remains strong today. The total turnover of the Netherlands gambling industry is more than €2 billion.
The government of the Netherlands offers casino operators, software, and service providers in the gambling industry, with a gambling license that allows gambling operators to conduct business related to casino, lotto, and other gaming-related activities. Netherlands Gambling License is one of the most popular licenses for online casinos worldwide.
The Netherlands, as a country, is famous for its relaxed laws on drugs and prostitution but was very strict with its laws and regulations on gambling. Thankfully, the government’s view of non-Dutch operators taking players from the Netherlands has relaxed enough for some of the world’s biggest and most well-known brands to take the risk and move into the Dutch market. The Dutch government recently approved the Remote Gambling Act, which begins to regulate online gambling in the Netherlands, allowing Dutch players to participate in the online gambling environment in a secure and reliable manner.
As a result, it will become possible to apply for a Netherlands Gambling License for the purpose of offering online gambling. The Dutch gambling industry per se features several key players including Postcode Loterij, Staatsloterij, and Holland Casino. Netherlands’s infrastructure offers a wide array of services for online gaming operators and providers, such as high-capacity private racks, private cloud services, custom dedicated servers amidst other hosting options.
Netherlands has long been recognized as one of the preferred locations for Online Gambling operators to base their operations. This success has been due to a combination of factors, such as a progressive legislative system, political stability, first-rate telecommunications facilities, and a well established financial services industry. A wide range of gambling sites operates out of Netherlands including sports betting, casino sites, poker, bingo, and more.
Netherlands Online Gambling Regulations
The Dutch Gaming Authority of the Netherlands has been established in the year 2012. Dutch Gambling Authority is an independent governing body, which regulates the offline and online gambling in the country. It was established with the purpose to create a safe and fair gambling atmosphere in the Netherlands. The Dutch Gambling Authority is funded by the industry through gaming levies.
The Dutch Gaming Authority has the power to grant licenses to businesses that abide by all the laws and regulations related to gambling. The Dutch Gambling Authority offers a sense of security to the Dutch players who gamble online. They keep a tab on the casinos and other gambling businesses to ensure that the players are secured against cybercrimes and money frauds.
National Anti-Money Laundering Regulations, Unusual Transactions Act, Counter-Terrorism Financing Regulations and Know Your Customer Policies are applicable to all Netherlands Gambling Companies. As part of its duties, the Dutch Gambling Authority monitors gaming businesses and services to ensure that they operate according to the standards and regulations of the Government of the Netherlands. Compliance audits are conducted on a regular basis to ensure that the terms of the license are met.
Licensees must maintain a complete audit trail for each player making a deposit with an operator, including financial transactions and individual bets. Gaming systems, including back-end software logs, must be made available to third-party auditors. Gaming rules, results of games, and pay-outs are to be made available to Dutch Gambling Authority for five years. Only non-residents of the Netherlands who are over 18 years of age are allowed to engage in online gaming. Wagers from residents of the Netherlands or individuals younger than 18 years old must be refused by operators.
Let’s talk more about the benefits by understanding the reasons why obtaining a Netherlands igaming license may be ideal for you.
How to Start An Online Gambling Business in Netherlands
When starting a Netherlands Online Gambling Business, first of all, it’s important to think about one of the most essential procedures, that is company registration and acquisition of the license. Netherlands Gambling License gives many excellent opportunities to each licensee and makes their business profitable.
Netherlands has a low corporate income tax of only 20%, has no tax on bets, no sales tax, and no VAT. In addition, a contribution to the addiction fund and a contribution to the Gaming Authority on the gross results of the games must be paid by permit holders in the Netherlands. The Netherlands has political stability, first-rate telecommunications facilities, and a well-established financial services industry.
In addition, it maintains an attractive environment for international online gaming companies. Netherlands Gambling License is recognized by many countries all over the world, so you will have a large potential customer base after getting it.
In order to obtain a Netherlands Gambling License, the decision to approve the application is at the discretion of the Dutch Gambling Authority, based on the documentation submitted by our experts. The Netherlands issues one Online Gambling license which covers all gaming operations, igaming service providers, network operators, affiliates, white-label operators, and igaming software suppliers.
With this Netherlands Gambling License, online gaming companies can operate legally. Each applicant undergoes a thorough assessment, ensuring that licenses are only awarded to those applicants who are able to demonstrate such a financial standing and integrity as to preserve the international reputation of the Netherlands as an online gambling hub.
In case something does not correspond to requirements, the Dutch Gambling Authority will provide a checklist of necessary improvements. A Netherlands Gambling License covers all forms of online gambling including Casino, eSports, Poker, Sports Betting, Lotto, Bingo, Horseracing, Bitcoin Casino, Fantasy Sports, Games of Skill, and other gaming-related activities without being required to obtain one license for each individual product. Netherlands Gambling License enables companies to operate all over the world.
Netherlands Gambling Requirements
Residence in the Netherlands. Operators wishing to offer their services to Netherlands gamblers must be residents of the Netherlands and they must obtain the relevant licenses and authorizations from the Games of Chance Administration. In case the company is a foreign entity, it must appoint a local director, whose domicile is in the Netherlands, to deal with the competent authorities in the country and have the power to conclude contracts on its behalf
Opening of a bank account with one of the banks in the Netherlands where the operator would need to deposit the players’ money. Licensed remote gaming operators will only be allowed to make payments to players through the payment processors that have been approved by the Dutch Gambling Authority
Requirements regarding the minimum share capital of the company depending on the type of game it offers
A monthly declaration giving details regarding income from games of change as well as the fees due will have to be submitted to the Dutch Gambling Authority on a standard form
Compliance with the principles regarding the protection of minors as well as with the content of the promotional material used and the locations where they can be displayed
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