The gambling regulator in the Netherlands, Kansspelautoriteit (KSA) has provided some clarity on the way ahead for the monitoring and regulating of the online casino sector.
The KSA has set out its plans in its ‘Market Vision’ document which details the main directives it seeks to impose in order to properly oversee games of chance from the public safety perspective.
The document provides more information on the current structures related to market monitoring, along with how it has categorised games of chance and the methods that the regulator will use to properly weigh up player risks.
The Netherlands is moving towards launching its regulated online gambling marketplace at the start of July 2021 under the rules laid out by the ‘Remote Gambling Act’, and the KSA has been under pressure to lay out its core objectives and the oversight approach that it will take as it lays the foundations for the new regime of monitoring that will apply to casino games activities.
In addition to providing more information on its plans for the regulatory framework, it also lays out a number of important restrictions that will apply to operators and software suppliers who are involved in servicing games of chance content, with all transactions to be recorded by an external agency.
In its publication notes, the KSA underlines the significance of the document saying that it represents its first review looking at the casino games sector as a whole since 2011. In addition, to support its regulatory mandate, the KSA has released a new public consultation, set to run until August 22, which will provide stakeholders with insights and suggestions over the KSA’s intended regulatory practices.
Announcing that it would be prioritising consumer safeguards, the KSA also pointed out that its document had been drawn up in collaboration with the Netherlands Ministry for Legal Protections, an agency that is headed-up by Minister Sander Dekker of the VVD party. Last month, when questioned on the progress in implementing the Remote Gambling Act, Dekker said that the launch of a new online gambling market may be significantly delayed without more clarity on regulations from the KSA.