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Dutch Government Cancels Holland Casino Privatisation Plans

George Miller
May 22, 2019
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Dutch Government Cancels Holland Casino Privatisation PlansReading Time: 1 minute

 

The Dutch government has revoked its plans to privatise the Holland Casino. The casino is now owned and operated by the state. The Senate has voted against the plan to privatise the casino.

There are concerns amongst the senators about privatisation. Many believe that allowing private gambling and online casino operators would lead to increased gambling addiction in the country.

Lawmakers are also concerned about the way the government would enable privatisation in the gambling industry.

The draft legislation was approved by the lawmakers two years ago. The initial plan called for selling 10 of the 14 branches. Provision for creating two new licenses was also there. The new permits would allow new players to enter the country’s gambling industry.

In March, the Dutch gambling regulator, the Kansspelautoriteit (KSA) had increased the starting financial penalty for illegal online gambling from €150k and will go up to €200k.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Dutch Government Cancels Holland Casino Privatisation Plans

George Miller

George Miller

George Miller began his career in content marketing before joining the HIPTHER team in 2016 as an Editor and Content Manager. His ability to distill complex regulatory data into newsworthy B2B content led to his appointment as Head of Content in 2017.…

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Expertise & Evolution – More Than Just News

Reaching a vast network of decision-makers, EEGaming.org goes beyond the headlines to deliver high-stakes intelligence and strategic foresight. From the intricacies of European regulations to the rapid evolution of global tech, we provide comprehensive coverage across the verticals that drive the industry:

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