The Netherlands’ iGaming licensing portal launch delayed
The Netherlands’ regulated iGaming market launch has been a highly anticipated one for ages now, as is the debut of its online gaming licencing procedure. However, the Kansspelautoriteit has revealed a technical flaw in the portal as the licencing process is hit by a slight delay.
The portal was created in order to allow for operators to apply for their licences under the Dutch Remote Gaming Act and it was set to launch at 08AM CET this morning, however the Kansspelautoriteit sent out a message stating that the portal would be slightly delayed as a flaw had come forward during their most recent tests. The regulator will be releasing an update on the situation later today.
The Dutch Remote Gambling Act will also become operational today on the 1st of April, and the market will debut later this year on the 1st of October. The regulated market was supposed to launch of the 1st of January of 2021, with the law expected to go live in July of the previous year.
The launch of the market experienced three different delays and at the end got pushed until October of this year. On March 31st, the regulator also detailed its auditing requirements for all those applying for iGaming licences. The KSA also noted that it ultimately decided to accept either a report of factual findings or an assurance report.
The report has to be written by an auditor and needs to demonstrate that the applicant is not currently in bankruptcy, has not been given a moratorium and that its assets are not liable to an enforceable attachment.
This report also needs to indicate a confirmation that the applicant has been adhering to the rules concerning the guarantee of player credit, which differs based on the technique of provision. The regulator stated back in March that it is expecting to obtain over 40 applications for licences, and will most likely be giving about 35.