On Friday 21 June 2019, Justin Franssen, partner at the Gaming practice of Kalff Katz & Franssen, appeared in a program on Radio 1, a Dutch national radio station. The forthcoming remote gambling licensing regime and the Gambling Authority’s latest expression of interest form, which has been completed by 125 parties to date, were the points of discussion.
Out of the 125 parties that have completed the expression of interest form, many will be dissuaded from applying, as the costs of receiving and maintaining a remote licence will be high, according to Justin Franssen. These costs will include, for example, the licensing fee, the mandatory contribution to the addiction prevention fund and business expenses related to setting up the technical infrastructure.
Justin Franssen continued by stating that there is a likelihood that many market operators will, mainly during the first two years, actively advertise in order to build up a public profile on the Dutch market.
Furthermore, clarification on the licence application procedure and on the Postema motion, which will require those operators currently on the market to be subject to a two year cooling-off period, is expected in the near future.
Should you have any questions regarding the above, please feel free to contact us at email@example.com.
Share this article
All recent developments