Netherlands coalition moves to increase gambling tax to 37.8%

[The Buzz]

A coalition agreement between four Dutch political parties could lead to a significant increase in the country's gambling tax, from 30.5% to 37.8%. This change, if implemented, is projected to generate an additional €202 million annually for the state treasury.

The PVV, VVD, NSC, and BBB parties are behind the proposed increase, which follows an earlier announcement in November by seven parties expressing their intention to raise the gambling tax to generate additional revenue for the state.

From Casino Nieuws:

The right-wing coalition agreement itself does not mention gambling or related topics. This is explicitly stated in the Budgetary Annex . It states that the gambling tax will be increased from 30.5% to 37.8%. This should provide a structural €202 million more per year.

“Increase gambling tax. The gambling tax will be increased by 202 million euros on a structural basis. This means a rate increase from 30.5% to 37.8%.”

It was already known that an increase in the gambling tax was on the wish list of some parties. The calculation of the VVD's political plans by the Central Planning Bureau showed in November last year that the party wanted €400 million more for the state treasury through an increase in the Ksb.

Last week, KPMG released a report stating that the 1% increase in the gaming tax was already disastrous for the country-based arcade sector. Trade association VAN Kansspelen then sounded the alarm.

The most important topics in the intention are asylum and migration, a good future for agriculture and fishing, and good governance and a strong judiciary. Concrete elements of the agreement are, for example, that 100,000 new homes must be added per year on a structural basis, and that € 100 million must be cut in public broadcasting.

Read more here: https://www.casinonieuws.nl/politiek...g-pvv-nsc-vvd/

[LegaleWeddenschappen]

It's very likely this change will go live in 2025. So far, there've been a few gambling tax changes since 2021 going both ways (up and down). The Dutch government tries to discourage everyone from gambling.
There's also an idea to ban gambling ads. Having tax at this level and no ads will for sure impact the Dutch market and possibly close affiliate websites. That would lower their income in the long run. We might see more changes within a year.

[ocreditor]

That's a shame.. more and more players will move to illegal sites, like in Germany and the UK