Is online gambling in Netherlands is prohibit? they should open it by 2020 instead of 2021 as they can see how much money is flowing to the gambling operators.
It is really one of the biggest tax contributor while others still doesn't see the point of its existence. The article didnt mentioned if some of them are crypto related casinos.
Topic: Dutch gambling authority fines 10 companies a total of €3.5m this year - page 3. (Read 519 times)
December 29, 2019, 06:49:57 PM
December 29, 2019, 06:44:47 PM
"The Dutch gambling authority (Kansspelautoriteit) fined companies offering online betting and casino / gambling games in the Netherlands a total of €3.5m in 2019, an increase of more than 50% the 2018 fine total.
.... the rise is due to both a rise in the maximum fine (to €200,000) and a rise in the number offenders being penalized."
"The Netherlands senate voted to open the gambling market to domestic and foreign gaming operators as early as 2021. Gambling firms will need to apply for a licence, and will be forced to pay gambling taxes at 29%, - one of the highest rates in Europe."
"Most of the major European gambling and online casino groups have now been fined by the Dutch watchdog - so many of them will need to wait for a cooling period before their application can be accepted." - source
.... the rise is due to both a rise in the maximum fine (to €200,000) and a rise in the number offenders being penalized."
"The Netherlands senate voted to open the gambling market to domestic and foreign gaming operators as early as 2021. Gambling firms will need to apply for a licence, and will be forced to pay gambling taxes at 29%, - one of the highest rates in Europe."
"Most of the major European gambling and online casino groups have now been fined by the Dutch watchdog - so many of them will need to wait for a cooling period before their application can be accepted." - source
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