Since the Dutch Kansspelautoritieit or Dutch Gambling Authority (DGA) expressed satisfaction with the Ministry of Security and Justice's progress of a draft bill regulating online gambling, the Ministry has placed the bill in consultation until July 21, 2013.
After that time, the bill will be moved to the State Council followed by the House and Senate, and according to Jan Suyver, chairman of the board of directors of the Gaming Authority, "Currently online gambling in the Netherlands over the internet is prohibited which means that participants seek to play in an untrusted environment. If online gambling is regulated, then providers and/or operators will have to meet strict conditions to make them eligible for a license from the Gambling Authority. Supervision will be in the area of consumer protection, gambling and combating potential fraud and crime."
Based on the bill, proceeds of online gambling would be subject to a 20 percent tax rate, which is lower than the 29 percent currently paid by Holland Casino and Arcade Owners, and all licence holders will be required to contribute to a problem gambling fund, offer a range of self analysis tools to customers and ensure customer playing time and balances are up on screen at all times.
If all goes well with the bill, licenses will be issued by January 1, 2015.
Dutch Online Gambling Bill Placed in Consultation
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