Netherlands’ iGaming market facing growth concerns

Netherlands’ iGaming market facing growth concerns

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Netherlands’ iGaming market facing growth concerns

The legal gambling market in the Netherlands hasn’t declined since the gambling ad ban, according to a recent market monitoring report from Kansspelautoriteit.

The main goal of this prohibition is to shield younger gamblers from commercials related to gambling.

The channelization rate, which gauges the proportion of participants using sites that offer legal gambling, is still strong at ninety percent, according to the KSA report. This suggests that the regulator is still on track to meet its target of eight out of ten gamers using authorized sites.

The minor drop in the channelization rate from ninety-three to ninety percent concerned the Netherlands Online Gambling Association. Peter-Paul de Goeij, director of NOGA, emphasized that the minimal one percent rise in the Dutch legal gambling sector is concerning. He called it an unsafe pattern and pointed out that gamblers in the Netherlands are not all that different from gamblers in other European nations, raising the possibility that the reason for the slower expansion of the legal industry is that more players are choosing to use illicit gambling websites.

In contrast to the KSA’s presumptions, he proposed that the advertising prohibition may be the cause of the legal market’s growing slowdown.

The gambling industry is debating stronger player protection regulations at the same time as it discusses how the advertising ban will affect the Dutch gambling market. The government minister for Legal Protection, Franc Weerwind, has proposed new deposit limitations as a possible measure. These restrictions are currently being discussed as part of continuing initiatives to protect players in the field.

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