BREAKING NEWS The new legislation bill on remote gaming Netherlands has just passed

[casinozoekmachine]

BREAKING NEWS The new legislation bill on remote gaming Netherlands has just passed the 1st Chamber of Parliament!

A new day, a new era of iGaming Netherlands has just begone. Uncertainty of "no" regulation for Dutch players is over.

We still have to wait for the legislation to take effect. But the celebration is non the less!
The years of devotion and dedication of so many people "affiliates, cabinet members, players" etc within iGaming has finally come to an end.

In the months ahead we have to see how it all takes shape.

For all who can ready Dutch or want to try to understand this strange Nordic language i enclose the link to the news: If allowed

https://kansspelautoriteit.nl/nieuws...e-kamer-stemt/

[Moonlight Cat]

Regulated gambling is not good for affiliates. Small RevenueShare, taxes, complex registration forms for players. Usualy on regulated markets conversion drop down within several times.

[Triple7]

Still, a lot of things are unclear, for example, if offshore brands who have offered games of chance in NL before regulation will get a license when the market opens.

Or will they just license some 'good actors' like the state-owned casino and lotteries?

[Cash Bonus]

We'll just have to wait and see how this will all play out but I doubt it's going to be any good.

[The Buzz]

Here is a press release (in English) from Betsson regarding the news:

https://www.gpwa.org/article/dutch-s...ng-bill-229307

[Vargoso]

Regulated gambling is not good for affiliates. Small RevenueShare, taxes, complex registration forms for players. Usualy on regulated markets conversion drop down within several times.

Sadly in most cases, this is true, double taxes in some cases, closed pools, small caps on bets, etc.

[JoeHarris]

Will be interesting to see how this will affect the market.

[TheGooner]

From the link that Buzz gave us ...

The new law is expected to enter into force earliest in Q3 of 2020, which is also when license applications will be accepted. Gaming tax will be applicable at the rate of 29% of GGR.

So it's 18 months away (at least) and will slice a juice 29% of the top of gross gaming revenue (which I assume is defined as gross profits).

It's something - but whether it's a positive something is a good question.

[casinozoekmachine]

Aint it also about players having a safe place to play. Regulation also has its positive sides, despite the downside of less income for us as affiliates. Regulating also means opportunities. To develop new revenue models for your websites, it gives a new sharpness to your business.

If you are completely dependent on unregulated markets, that does not seem right to me. Indirectly it means that we do not feel responsible at all for the players and only think of our own skin and wallets?

Regulated gambling is not good for affiliates. Small RevenueShare, taxes, complex registration forms for players. Usualy on regulated markets conversion drop down within several times.

Is not all about the money. It is also about players having a safe place to play. Regulation also has its good sides.

[casinozoekmachine]

Yes, you are talking about the cool down / blackout periods they talked about. We will have to wait it out, in the coming months ahead the permit conditions will surface and that will clarify a lot i hope. Lots of speculating now

Besides there is only one state owned casino "at the moment" i think it will turn out for the good for alot of offshore brands. Wait and see...

Still, a lot of things are unclear, for example, if offshore brands who have offered games of chance in NL before regulation will get a license when the market opens.

Or will they just license some 'good actors' like the state-owned casino and lotteries?

[ocreditor]

Regulated gambling is not good for affiliates. Small RevenueShare, taxes, complex registration forms for players. Usualy on regulated markets conversion drop down within several times.

I totally agree, adjustments required in order to make your business survive in a regulated market.
However I do believe that in the long term it'll be better for affiliates and operators alike to work in a regulated market where everything is much more organised and supervised. Yes the income is much lower due to taxes and also you'll need to spend a lot more time with bureaucracy issues but this is part of the business you win some you lose some.

[Triple7]

Yes, you are talking about the cool down / blackout periods they talked about. We will have to wait it out, in the coming months ahead the permit conditions will surface and that will clarify a lot i hope. Lots of speculating now

Besides there is only one state owned casino "at the moment" i think it will turn out for the good for alot of offshore brands. Wait and see...

Regulation is unavoidable.

Things usually are not solved with just waiting. The whole discussion and handling of the law are going on for years now and still very basic things are not clear. Meanwhile, the industry is bothered for years with rules about windmills, flags, colors, etc.

There's one state-owned casino, but there are more state-owned properties that seem to be at pole position. I doubt if they will be very affiliate friendly. If I am right they're sanctioned more than once because of misleading players.

Regulation is usually a lot of window-dressing. In essence, it might perhaps be a good thing, but governments usually are having other interests too than just protecting players.

[Vargoso]

Regulation is usually a lot of window-dressing. In essence, it might perhaps be a good thing, but governments usually are having other interests too than just protecting players.

For example in my country (Colombia), the government is clearly working in favor of brick-and-mortar casinos; Colombian players are not exactly wealthy and our regulation is applying a closed pool model, which for example in poker is a complete failure.

[Sherlock]

Aint it also about players having a safe place to play. Regulation also has its positive sides, despite the downside of less income for us as affiliates. Regulating also means opportunities. To develop new revenue models for your websites, it gives a new sharpness to your business.

If you are completely dependent on unregulated markets, that does not seem right to me. Indirectly it means that we do not feel responsible at all for the players and only think of our own skin and wallets?





Is not all about the money. It is also about players having a safe place to play. Regulation also has its good sides.

I strongly disagree. Regulation did not bring anything good to players. Many years ago, when market was not regulated for anybody, everything was clear. Yes there were rougue books and there were bookies who went under, but with minimal effort anybody could get info who is good and who is not. Btw. affiliates at the time provided useful information and not the generic crap like today.

Today I deposited test money to some overregulated bookies and I did not get back a lot of it, because they refused to pas me through AML/KYC or at least they claim that. This did not happen before.

Regulation brought exactly nothing positive to gamblers (which does not matter a lot, they are all desperate people who will lose money either way).

[Parth84]

Good to see things are getting easier for dutch players, but it would be a tough job for us to recommend them casinos which are licensed to operate with plenty of changes...bonuses, games, deposits..

[Sherlock]

I totally agree, adjustments required in order to make your business survive in a regulated market.
However I do believe that in the long term it'll be better for affiliates and operators alike to work in a regulated market where everything is much more organised and supervised. Yes the income is much lower due to taxes and also you'll need to spend a lot more time with bureaucracy issues but this is part of the business you win some you lose some.

You said regulation is good and then you quoted just bad aspects of it. I really do not see a single thing that regulation improved for me. Revenue/conversions down by orders of magnitude, theft by affiliate programs up, taxes up, time spent with nonsense up.

Yes, online betting became a phenomena, so the overall market grew. But that is not because of regulation. The market was growing because bookies like bet365 (and bwin before) came with a great product for customer. Regulation came only for the sake of filling the state vault.

Yes, regulation was unavoidable, it was too much money on it. But this praising of regulation is absolute denial of reality.

[Sherlock]

Good to see things are getting easier for dutch players, but it would be a tough job for us to recommend them casinos which are licensed to operate with plenty of changes...bonuses, games, deposits..

And who will realise that they actually do not need you, so they will kick you out and flee with your future revenue share as did all others (except bet365) who got regulated.

[Pokerface]

Regulation is inevitable and will continue. Markets will introduce regulations and those already will continue to modify and tighten them as they become more aware of gaps in the regulations.

Having come from a highly regulated industry it’s important to accept that this will continue to be the nature of the industry and learn to deal with it. Preparing for possibilities can also bring new opportunities. When we were faced with tougher regulations we learned to duck to miss the punch then come up with how best to manage and captialize on the changes ….. it made us stronger and more successful.