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Kansspelautoriteit (KSA), the gambling regulator in the Netherlands, has announced a new rule that would implement a two year “cooling off” period for potential gambling licensees.
The rule, which is still at the draft stage, requires all operators applying for a KSA licence to have refrained from providing online gambling products to consumers in the Netherlands for a period of two years.
Before the passing of Remote Gambling Act 2018, the Netherlands government said that it would be important to avoid offering licenses to gambling operators that had targeted the Dutch market.
As per the new rule, the KSA will apply six tests to establish whether a company had illegally targeted Dutch consumers, as part of its ongoing work to establish the licensing process. It is expected that licensing will begin in July 2020.
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: Kansspelautoriteit Proposes New Licensing Rule
