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New Dutch government set to modernise gambling laws

VVD (Liberal Party) and PvdA (Labour Party) coalition pledges to regulate online gambling market.

Tuesday 30th October 2012

The new VVD (Liberal Party) and PvdA (Labour Party) coalition government in the Netherlands has announced plans to overhaul the country's gambling regulations. The new draft coalition agreement was published yesterday and includes a pledge to 'modernise gambling policy'. The new government is set to sell off Holland Casino, 'subject to certain conditions' and institute a regulatory regime for online gaming operators. “Online gambling, sports-betting and poker events will be strictly regulated,” read the coalition agreement. “Thereby we will reduce the illegal offer of gambling. Compliance with the licensing conditions will be strictly monitored.” A gambling tax of 29% is set to be levied on online operators which is expected to deliver €31 million. Illegal operators will be 'actively excluded' with licences removed if tax is not paid. The coalition also revealed that from 2015, lottery licences (excluding online) will be awarded via beauty contest or auction with new licensees required to pay a market licence fee. The new government, led by the VVD's Mark Rutte, is set to be installed within the next week.

Source: OnlineCasinoNews

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