The Dutch online gambling market has been significantly underestimated

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According to the Minister of Legal Protection of the Netherlands, Sander Dekker, the volume of the local online gambling market turned out to be much larger than originally expected. The politician published his opinion in a special letter to the country’s parliament.

The established data led to the fact that the Dutch authorities revised the initial figure of gross state budget revenue from this sector of the economy, increasing it in 2021 from 580 million euros to 814 million. This circumstance, according to Dekker, is another proof of the correct decision of the authorities to legalize gambling.

The Dutch online gambling market has been significantly underestimated

Sander Dekker – Minister of Legal Protection of the Netherlands

“Should we be shocked that the online gambling market is dealing with a larger volume than we previously assumed? I think not. You can look at the situation in a different way. For me, this primarily indicates that the political decision to legalize and regulate online gambling on the territory of the Netherlands is wise and timely. The more extensive the industry, the more reason to protect consumers well from the risks associated with gambling,” said Sander Dekker.

At the same time, the Dutch gambling authority Kansspelautoriteit (KSA) was able to determine that the gross revenue from this industry will be significantly higher than indicated in the preliminary plan. The adjustments were made after the regulator was able to access the official reports of licensed operators. Previously, due to a number of legislative delays, the agency relied solely on indirect data and estimates of commercial information providers.

It should be noted that today Kansspelautoriteit has officially issued 11 gambling licenses. So, local users are already served by large companies, including Holland Casino, ToTo Online, FPO Netherlands, NSUS Limited, PlayNorth Limited, bet365, Tombola, Bet365 Group, VirginBet, BetEnt BV, Bingoal BV. The JOI Gaming Limited brand became the last one who managed to join the market legalized in October.

Recall that gambling operators of Georgia criticized the initiative of the authorities to tighten supervision of the gambling sphere.

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