Kansspelautoriteit undertakes application processing
The KSA (Kansspelautoriteit) has officially begun collecting applications for the Dutch gambling market launch which is scheduled to launch on the 1st of october.
The Dutch gambling regulator dealt with some technical issues when its application portal was not working properly. The authority was able to get everything back on track on the same day and the portal launched on its scheduled day, the 1st of April.
The same day also witnessed the launch of the Remote Gambling Act (KOA). This is the Act that has rendered online gambling and iGaming legal in the country. Through this online portal, all operators wishing to send their applications can do so and the authority will their begin reviewing them.
The way that this is executed is that the application needs to meet the KSA’s standards and conditions, which means that the file should be readable, and it should include policy attachments as well as a fee of €48,000. All the applicants also need to add a description of their own naming system and have reports that concern the components of their gaming systems.
The authority has also stated that all applications need to be submitted before the deadline of April 15th, in order to give the regulator enough time to review the applications and allocate the licences accordingly and fairly before the market launch.
All operators who present their applications before this deadline and meet all of the regulator’s standards will also need to meet the assessment criteria. If all of these components are met, the KSA can provide the operator with a licence.