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  1. #1
    elgoog's Avatar
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    Default Gamesys (Vera&John) market closure Netherlands

    I don't get why they made this decision....
    (except that it is because of the upcoming Dutch legalization)
    Other brands just close registration and let existing player play.
    This is costing them (and me) a lot of revenue

    Dear Affiliate,

    Due to market restrictions, we will no longer be offering our brands to players residing in the Netherlands.

    Efforts are already underway to contact all affected players, but we are taking extra steps to ensure that, as an affiliate, you are aware of the timeline leading up to the closure.

    On Monday 25th January players residing in the Netherlands will be blocked from making deposits on any of our sites and those players will be asked to withdraw any outstanding balance from their accounts.

    On Monday 1st February all wagering and gameplay activity will be blocked.
    What does this mean for you?

    From 01/02/2021 you will no longer generate any commissions from these players as they will no longer be able to wager or play.

    We would like to assure you, however, that any commissions you have already earned up until the market is closed will be paid to you in full by the end of next month.

    We ask you to take the time to remove all marketing material promoting our services to players residing in the Netherlands.

    Should you have any questions or need more information, please contact the Gamesys Group Partners team. We look forward to helping you however we can.

    Best regards,

    Gamesys Group Partners

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  3. #2
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    Default

    Thanks for sharing this. Did not receive or can't find the e-mail regarding this. Updated now. Thanks
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  4. #3
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    What are your "stable" alternatives for Netherlands? This won't be the last brand to exit NL due to upcomming regulaton...
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    Thanks for the info.

  6. #5
    elgoog's Avatar
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    After a lot of emails they were not able to give me an explanation about the reason, except it was a legal decision.

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  8. #6
    Triple7 is offline Private Member
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    Quote Originally Posted by Strider1973 View Post
    What are your "stable" alternatives for Netherlands? This won't be the last brand to exit NL due to upcomming regulaton...
    There are plenty and popping up new ones daily.

    Mount Gold for example, Casino Friday, etc.

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  10. #7
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    I did have quite a big players base with V&J, and now they just blocked al those players.....

  11. #8
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    beginning of april companies can apply for a dutch license. perhaps they have been warned by the kansspelautoriteit (gaming authority) and they need to take extreme measures to be able to get a license.

    Also, affiliates will be seen as a part of the licensed company. meaning that if an affiliate does something wrong, the license holder will be held responsible in the netherlands. so they and most other brands will probably only allow a handfull of affiliates for the dutch market.

    and last but not least, the dutch gaming authority has teamed up with MGA, and some other gaming authorities, and more will follow. So even if you are not going for a dutch license, if you accept dutch players you can lose your mga license and things like that.. also, payment processors will be forced to stop their services... so, in the long run, companies and affiliates who target the dutch market without the right papers will get into huge problems.

    Even in curacao, things are changing already. most grey casinos have a license there, but soon those licenses can only be used in areas that have no own license at all. only 3 countries are leftin europe. all other countries will not be possible anymore...

    In a few years from now there will be no grey areas anymore.... meaning grey casinos or illegal casinos will be blacklisted worldwide... any serious company is now taking measures for this already as global regulation is coming fast.

    So with that in mind, i can understand their decisions.
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  12. #9
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    How can affiliates targetting Netherlands be in problem?
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  13. #10
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    Quote Originally Posted by Sherlock View Post
    How can affiliates targetting Netherlands be in problem?
    Noy yet, butin near future if you target dutch market and promote casinos who do not have a dutch license, your affiliate accounts will most likely be closed. this as the casinos who operate under an mga license (and soon others as well) will be forced to do that else they will risking their licenses.

    From what i understood, is that affiliates will be seen more and more, so not only in the netherlands, as part of the companies they promote... meaning if you do something wrong (bad advertising, wrong geo targetting), the casino you promote will be held responsible by the gaming authorities and they are in risk for huge fines... so rules for affiliates will get harder and harder..

    you already see this happening with some big brands. more and more they demand that affiliates promote casinos ethically, so focussed on responsible gaming, and not pushing use into gambling with flashing ads, texts and buttons. you can still write things as “play now” but not something like “win big here”. I personally think its a matter of time these demands will be set globally...so within a fe wyeras from now.


    im guessing in future affiliates will need to get some kind of license or something like that themselves.
    Last edited by mediapartner; 24 February 2021 at 6:03 pm.
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  14. #11
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    I misunderstood. I meant what they can do to affiliates if they promote only offshore. Because legal markets are dead. No one will make money on legal markets. This will be even more accelerated if you are right and they will want just few affiliates. What should the rest of affiliates do with the traffic? They have no other option than going offshore. Which is Dutch market now anyways.
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  15. #12
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    yeah i agree, things are only getting worse for affiliates. im guessing the whole point of this strategy is to completely kill most of the affiliates that cant of dont want to apply to all legal rules. if those affiliates cant earn money anymore they will have to shut down in the end.

    but there will probably always be authorities and casinos that will find ways to get around these restrictions. thats justhow the world works...soim. not sure if this strategy willwork.

    however, if this is going to be the standard and done on country levels, worldwide, probably 90% of gambling will be fully regulated in 10 years and even offshore wont be possible or interesting anymore.. im guessing offshore will be change from the grey status it has now, to fully illegal.

    but ok, im cant see in the future, but everybody can see that regulation is happening on a great scale at the moment... europe will be fully regulated in a few years from now.., so even mga licenses will be worthless there maybe.
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  16. #13
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    Quote Originally Posted by Strider1973 View Post
    What are your "stable" alternatives for Netherlands? This won't be the last brand to exit NL due to upcomming regulaton...
    I'm going to ask my question again
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  17. #14
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    For some time already Dutch players were not possible to register at V@J.
    But now they just closed the already existing accounts.
    That does not make sense to me.

    And Strider1973: Stable alternatives are the brands that will apply for a license in April and will get online in October at the soonest

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    Quote Originally Posted by elgoog View Post
    For some time already Dutch players were not possible to register at V@J.
    But now they just closed the already existing accounts.
    That does not make sense to me.

    And Strider1973: Stable alternatives are the brands that will apply for a license in April and will get online in October at the soonest
    Like mediapartner said it's all to do with the new Dutch licensing that is finally happening this year. Gamesys is publicly listed and licensed in the UK, Spain, Malta etc so they will need to be careful they don't get in trouble with dutch authorities, as they will probably want to enter the Dutch market legally (licensed revenues are worth more to a PLC than unlicensed revenues)

    Realistically it's a surprise they where letting Dutch players play for so long, most operators who would want a license have stopped at least last year if not earlier.

  19. #16
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    They say "The decision to leave the Dutch market is final"
    Implying they will not go back or getting a Dutch license.
    That's why i don't understand they don't let the players play as long as possible.

  20. #17
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    Quote Originally Posted by elgoog View Post
    They say "The decision to leave the Dutch market is final"
    Implying they will not go back or getting a Dutch license.
    That's why i don't understand they don't let the players play as long as possible.
    Because the KSA are issuing fines and being Malta licensed it will be way easier for the KSA to collect than if they where for example curaco licensed, so my guess is they have done the cost/benefit analysis.

    Secondly as bingo is very popular, they might want to enter NL with the JackpotJoy or one of the other brands in the portfolio and will need to apply for a license, which they wont get if they are breaking the law.

  21. #18
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    they didn't accept registrations from the Netherlands for a few years already, I (like others (sec)) can't imagine the KSA would find out there are old existing players still playing.

  22. #19
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    Quote Originally Posted by BonusFinder View Post
    Because the KSA are issuing fines and being Malta licensed it will be way easier for the KSA to collect than if they where for example curaco licensed, so my guess is they have done the cost/benefit analysis.

    Secondly as bingo is very popular, they might want to enter NL with the JackpotJoy or one of the other brands in the portfolio and will need to apply for a license, which they wont get if they are breaking the law.
    They offered existing player iDEAL until this year or last year, so they won't get a license anyway. With none of their brands. KSA can easily ask a payment provider to deliver payment details where they can see if/when/how much is paid with iDEAL.

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