KSA Set Launch For iGaming Market

June 7, 2019 by

The chairman for the Netherlands iGaming regulator Kansspelautoiteit, or the KSA, has recently announced that they iGaming market for the country will open from the beginning of 2021. Rene Jansen revealed that he believes the Remote Gambling Act, which was passed in February by the country’s Senate after a number of years in limbo, will be coming into effect from the first of July of next year.

From that date onward the regulator will be given free reign to begin processing licence applications from international sources, with the hope that by the time 2021 rolls around, most licences will have been issued. There is still some work to be completed before the act can come into full effect, and the Ministry of Security and Justice are currently drafting some technicalities into the regulation that will allow them to better regulate the market in the future.

Once this has been completed, the KSA will begin drafting conditions for licences. The KSA also launched a consultation on consumer protection earlier this year, just one part of a many-tiered process. Jansen, talking about the new Act and their role in regulation, told reporters that it was important that the KSA know exactly how many licence applications they can expect in the future, adding that the information will allow them to organise the process properly. He concluded that a smooth process does not only work in their interest, but in the interest of the companies that wish to apply.

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