Technology / Internet
Dutch markets now open for international casino gaming platforms
07 Aug 2019 at 07:56hrs | Views
The Netherlands is a country of diverse populations. The total population of Netherlands is nearly 17.1 million as of 2017. In this population of millions, many are avid casino game players. Casino games are widely popular all over the world, and the Netherlands is no different. However, there was a ban imposed on online gambling of international platforms in the Netherlands. This ban stopped millions of players in the Netherlands from playing the game they love. As a reaction, voices were raised against this ban, and as a result, recently this ban has been lifted. As a result, scads of international online casino games platforms have got an opportunity to significantly increase their number of users by catering to the newly emerged market of the Netherlands. Moreover, the residents of the Netherlands will now be able to play on new casino sites with unprecedented quality. It is a win-win situation for both sides. As a reaction to the lift on the ban, online casino gaming platforms are lining up to get a license to operate in the Netherlands. It is estimated that there are nearly 300 such platforms which are currently interested in entering the Dutch market.
Moreover, it is predicted that many others will follow once they observe how lucrative the Dutch casino market is. The Dutch Senate took some time to vote on the bill as there were some legal complications. For example, some gaming platforms were rendering the use of Dutch domains to appeal to the residents of the Netherlands, when they were not allowed to do so. There were several actions proposed to counter such instances. For instance, the senate devised a two-year-long cooling down period to deal with such companies. Once these complications were eradicated in February, the bill was passed, and it resulted in the reorganization of the online casino gaming scene in the Netherlands.
There are various benefits of doing so not only for the casino companies but also for the Dutch population. This list of new online casinos will prove to be a much-needed sigh of relief for the casino gamers in the Netherlands. For years, they have not been able to play the games they loved because of the said ban. It went against the fundamental democratic values as the law was only to allow games based in the Netherlands. Some people found a way around the legal barriers and played games on online platforms by using tools like VPNs. In fact, it is reported that nearly 1.8 million people gambled on prohibited casino platforms between the years 2016-2018. One significant reason here was that the Dutch games were not able to match the quality of gaming offered by the international platforms. Now that the market will be flooded with competition, the Dutch gaming platforms will also need to level up. As a result, it is expected that drastic improvements will be visible in the Dutch games as well. On top of it all, the Dutch population will also be able to now play games of high quality without breaking any laws. Also, it has been observed that apart from casino games, there has been a rise in the sports betting scene as well. This demand for sports betting will also be catered by the incoming gaming platforms. Although the local gaming platforms will lose some market share, still this change in legislation will prove to be beneficial for the Netherlands as a whole. The exact level of impact this change will make is still unpredictable. One can only wait for the time to come to observe how big of a difference it actually makes.
Moreover, it is predicted that many others will follow once they observe how lucrative the Dutch casino market is. The Dutch Senate took some time to vote on the bill as there were some legal complications. For example, some gaming platforms were rendering the use of Dutch domains to appeal to the residents of the Netherlands, when they were not allowed to do so. There were several actions proposed to counter such instances. For instance, the senate devised a two-year-long cooling down period to deal with such companies. Once these complications were eradicated in February, the bill was passed, and it resulted in the reorganization of the online casino gaming scene in the Netherlands.
There are various benefits of doing so not only for the casino companies but also for the Dutch population. This list of new online casinos will prove to be a much-needed sigh of relief for the casino gamers in the Netherlands. For years, they have not been able to play the games they loved because of the said ban. It went against the fundamental democratic values as the law was only to allow games based in the Netherlands. Some people found a way around the legal barriers and played games on online platforms by using tools like VPNs. In fact, it is reported that nearly 1.8 million people gambled on prohibited casino platforms between the years 2016-2018. One significant reason here was that the Dutch games were not able to match the quality of gaming offered by the international platforms. Now that the market will be flooded with competition, the Dutch gaming platforms will also need to level up. As a result, it is expected that drastic improvements will be visible in the Dutch games as well. On top of it all, the Dutch population will also be able to now play games of high quality without breaking any laws. Also, it has been observed that apart from casino games, there has been a rise in the sports betting scene as well. This demand for sports betting will also be catered by the incoming gaming platforms. Although the local gaming platforms will lose some market share, still this change in legislation will prove to be beneficial for the Netherlands as a whole. The exact level of impact this change will make is still unpredictable. One can only wait for the time to come to observe how big of a difference it actually makes.
Source - Byo24News