Articles by: Gaming in Holland

Dutch Coalition Parties Reach Strangely-Timed Agreement on Sports Betting Regulation

Dutch Coalition Parties Reach Strangely-Timed Agreement on Sports Betting Regulation Ruling coalition parties VVD and PvdA claim to have reached an agreement on (online) sports betting regulation, consisting of two amendments to the proposed remote gambling bill currently under consideration by the Dutch House of Representatives. In order to combat matchfixing, the first amendment prohibits betting on amateur matches as[Read More…]

Dutch Gaming Regulator Hands out Record Fine …and More!

Dutch Gaming Regulator Hands out Record Fine The Netherlands Gaming Authority (Kansspelautoriteit) has imposed a €480,000 fine – its highest ever – on two companies behind the website redslots.com. The two companies, Curaçao-based Bluemay Enterprises NV and Costa Rican Redcorp SA, had already been fined €130,000 each last year for similar offenses. In addition to being repeat offenders, the two[Read More…]

State Secretary: “Gaming Tax Increase Would Decrease Value of Holland Casino and Staatsloterij” …and More!

State Secretary: “Gaming Tax Increase Would Decrease Value of Holland Casino and Staatsloterij” Last week, we already reported that the proposal by Representatives Pieter Omtzigt (CDA) and Elbert Dijkgraaf (SGP) to increase the gaming tax rate from 29 to 35.2% had been given the cold shoulder by the Ministry of Finance. Besides chasing away punters to foreign or even illegal[Read More…]

Proposed Gaming Tax Increase Going Nowhere …and More!

Proposed Gaming Tax Increase Going Nowhere Last month Representatives Pieter Omtzigt (CDA) and Elbert Dijkgraaf (SGP) proposed to increase the gaming tax from 29 to 35.2%. Even then, it was rather obvious that this proposal was going nowhere. State Secretary Eric Wiebes’ preliminary reaction, which was published on Monday, only reinforced that conclusion.   Dutch Representatives: “Binary Options Should Be[Read More…]