As the news about the gambling industry informs, the KSA thinks that there is always room for improvement and continues to improve the Remote Gambling Act.
Its issuing is scheduled for March 2021, which means that the regulator doesn’t have much time to make new regulations perfect. According to KSA’s announcements, the regulatory framework for online operators is going to be very strict. Now it continues to prevent online gambling companies from operating because the Gambling Act hasn’t come into force yet.
What are the changes to the law?
Although the major part of the requirements is already discussed and agreed, Kansspelautoriteit has provided a new edition of the act, which may become the final version in the nearest future. It has slightly changed such sections as the KOA Model Permits and Policy Rules by specifying some requirements. In general, gambling companies, first of all, will need to follow a set of essential rules. For example, they will have to monitor their customers’ behavior and detect suspicious cases of gambling, which offend responsible gaming provisions. In addition to this, operators have to be involved in the Central Exclusion Register that restricts problem gamblers from playing.
The KSA will check all operators thoroughly. They will also need to join a Control Database and provide information about their gambling services there. Even now the regulator is going to test some companies, before the launch of the final law. It is worth mentioning that, when the regulations come into force, license applicants should be very attentive to compliance. Otherwise, they will lose €45 000 – the license application cost.