Reminder | GiH webinar: “VAT rules for Netherlands-licensed operators and service providers”
In the Netherlands, gambling services are not subject to VAT, but rather to a wholly separate gambling tax. As a result, operators are unable to deduct the VAT charged by their suppliers from their own tax liability. This means, in effect, that third-party products and services – including marketing – are 21% more expensive for gambling operators than for other service providers.
To learn more of the Dutch VAT rules and ways to lessen their impact, join the GiH webinar VAT rules for Netherlands-licensed operators and service providers on June 16 at 15:00 CET. If you intend to provide gambling services in the Netherlands – or expect to supply products and services to Netherlands-licensed operators – this webinar is not to be missed.
This webinar will feature VAT specialist Martijn Jaegers and tax lawyer Richard Meerstra of Taxand Netherlands.
Register today: https://bit.ly/3pekUfS
IBIA publishes study on optimum approach to betting regulation
The International Betting Integrity Association (IBIA) and its partners, including Nederlandse Online Gambling Associatie (NOGA), have published a joint study assessing the regulation of betting in 20 jurisdictions across six continents and covering a range of licensing models.
The study has been conducted by leading global gambling data and intelligence company H2 Gambling Capital.
The resulting report includes a jurisdictional ranking with the Netherlands finding itself in the middle of the pack, significantly behind countries such as the UK, Sweden, and Denmark.
The report further contains an optimum betting market solution in the form of ten regulatory pillars, which include betting taxes in the 15-20% of GGR range and no significant restrictions on which bets are allowed.
Peter-Paul de Goeij, Managing Director of NOGA, said: “This report comes at a very important time for the Dutch sports betting market. For the first time in history, Dutch consumers will have free and ample choice in sports betting providers. The Dutch sports betting regulations are adequate but, in some cases, we fear, the remaining restrictions may turn out to be counter effective. The results of this study, we hope, will be of benefit to policymakers and the gambling authority in ensuring that players are effectively directed towards the legal offer and sports integrity is further reinforced.”
Holland Casino installs third Interblock Pulse Arena Stadium
Interblock, a Netherlands-based supplier of electronic table games, has announced the installation of a third Pulse Arena Stadium with Holland Casino.
The Pulse Arena delivers a highly customizable, hybrid experience of entertainment, gambling and social interaction designed to attract new players to the casino floor.
Holland Casino's third Pulse Arena Stadium will be unveiled at Holland Casino Venlo in July, following earlier installations in the casino operator's Utrecht and Scheveningen venues.
The following events may be of interest to the GiH community.
The third edition of CasinoBeats Summit will return to Malta from 13 – 15 July, 2021, as part of Summer iGaming Week organized in partnership with KPMG and Gaming Malta.
iGB Live and iGB Affiliate have also been moved to 28 September – 1 October, 2021, but will still take place in Amsterdam!
The 2021 Gaming in Holland Conference has been rescheduled to October 1, 2021 – the very day that the regulated Dutch online market finally opens. Netherlands Gambling Authority chairman René Jansen has agreed to deliver the keynote speech. Save the date!
SiGMA Europe has been rescheduled to 16 – 18 November, 2021.
The Betting on Sports America conference and expo has been scheduled for 30 November – 2 December, 2021 and will bring together all the major players in the fast-growing North American sports betting industry.
The World Gaming Executive Summit is returning live on 6 – 8 December, 2021 at the W Hotel, Barcelona.
ICE London and iGB Affiliate London have been postponed to 1 – 3 February, 2022.
Jack's Casino new sponsor of the Netherlands’ top amateur football league
For at least the next three years, land-based casino operator Jack's Casino will be the main sponsor of the Netherlands’ “Tweede Divisie,” the men's top amateur football league.
Jack's Casino CEO Eric Olders: “As with all our partnerships, such as with Glory, the Professional Darts Corporation, and, recently, Jack's Racing Day, our aim is to make sports even more fun and exciting. We feel that with the new ‘Jack's League,’ we are able to make an impact locally and strengthen the league on a national level. Especially with the opening of the regulated online gambling market in the fourth quarter, we see plenty of opportunities as we will be expanding our land-based offer with online casino games and sports betting.”
In related news, Jack's Casino parent company JVH gaming has started a recruiting drive for its Malta-based, Netherlands-facing customer service department.
Dutch land-based casinos, including Holland Casino, have been allowed to re-open, although visitors (even vaccinated ones) will be required to show a negative Covid-19 test.
Novomatic subsidiary Greentube intends to capitalize on the “great potential” of the Dutch online market.
Flutter-owned Betfair may no longer be interested in applying for a Dutch remote license, CasinoNieuws reports. Previously, Betfair was the driving force behind several legal challenges to Dutch gambling monopolies and regulations.
Dutch game developer and casino content creator Stakelogic has acquired Serbian software developer Smart&Applied.
Novamedia/Postcode Lotteries has joined trade association The European Lotteries (EL) as its newest Regular Member.
As of today, land-based casinos in Belgium are allowed to re-open.
Portugal is set to become the next major market to gain access to Google Play Store real-money gaming (RMG) apps.
The French online gambling market posted a 35% year-on-year increase in total revenue in Q1 2021.
The head of the Swiss gambling regulator, Jean-Marie Jordan, has resigned his position.
The NBA, Turner Sports, and BetMGM have partnered to launch NBA TV’s first betting-focused studio show.