Recent amendments in Dutch legislation stop the exit of top online casino companies
On 1st June, 2017 new amendments in the legislation of Netherlands will seriously affect the Dutch online casino market and Dutch players.
NEW LAW RULES IMPLEMENTED BY KANSSPELAUTORITEIT – THE DUTCH GAMING AUTHORITY, HAVE SERIOUSLY AFFECTED THE ONLINE GAMBLING BUSINESS
The Netherlands Gaming Authority – Kansspelautoriteit have been keeping the market free of tricks and frauds. Unfortunately the latest gambling rules seem very suspicious - these amendments simply block Dutch online casino players from visiting legal casinos which damages seriously the business.
ONLINE CASINOS RUN AWAY FROM HOLLAND
A number of online casinos, such as Royal Panda Casino have already taken the decision to reject any Dutch players from the list of their customers. Royal Panda casino has been licensed by the MGA. This provides free access to many European areas. Now, no chance for new players to play at this well known casino.
Some online casinos, such as Polder Casino that serve mainly Dutch casino players stop also their services for this country.
As it was written above, the new changes in the legislation referring the online casino market have cased a lot of troubles. From one hand they have appeared unexpectedly for the operators. Because of the shortage of time for re-organizations the Dutch online casino sites and symbols stay completely inaccessible. Casinos that can't react quickly and stop Dutch players to open an account will be punished badly.
As Dutch market takes a very big space in online casino business, operators feel that these changes will seriously damage their interests.
To advertise their business in Holland casino operators should have a license from Kansspelautoriteit. Concerning the international online casinos, they might need to cut multiple operations for this country.
We are afraid to predict the number of Dutch casinos which will close their business and the reaction of the players referring these new regulations.
It is pretty normal governments to try to make amendments in the law for providing safety and sureness for their citizens. Now we are curious what will be the reaction of the players who will try to find different ways to continue enjoying the casino games they love best.