Kansspelautoriteit: Dutch authority starts processing applications.

Kansspelautoriteit

Kansspelautoriteit (KSA) is taking applications for the Dutch gambling market. The applicants can apply from 1 October onwards.

Last week, the authority met technical difficulties. The online application portal shut down. It resolved on the same day. The portal launched on 1 April.

On this day, the Remote Gambling Act (KOA) also came into force. This act legalized online gambling in the Netherlands.

Through the KSA’s digital portal, companies can send applications. The applications will need to be reviewed by the regulator.

The process involves sending an application that meets the standards. The file must be readable. It must include attachments on the policy. A fee of €48,000 (£40,672) should pay to fulfill the standards.

Each applicant must also describe the gaming system. They must include reports regarding the parts of their gaming systems.

The KSA also insists that companies must submit applications before 15 April. It provides time to review. The KSA will then give licenses efficiently well before the start of the Dutch market.

Those who submit their application within the time frame and meet all requirements will then need to meet the assessment criteria. If they met this, KSA can give them a license at the same time.

The KSA says that giving licenses early; gives all companies fair competition for October’s launch.

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Nassima Azmzm

Nassima Azmzm

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