The Netherlands’ gambling regulator KSA (Kansspelautoriteit) extends the discussion period for the player protection part of the Remote Gambling Act, according to the latest news about the gambling industry.
The main reason for this decision is that participants require more time for considering regulations connected with player protection. That is why the regulator has changed the initial date of the consultation’s end to November 13. The previous date was November 9.
Will the upcoming regulations be strict?
Although the legalization of digital gambling in the Netherlands means a big step ahead for companies and establishments related to the industry, the restrictions are expected to be very tough. First of all, operators will need to predict risks to players and submit this analysis in the form of a report to Kansspelautoriteit. This information should include such aspects as volatility, RTP, game design, and possible risks in these gaming elements.
In addition to this, gambling services providers will need to comply with quite a big number of marketing rules. One of them is that gambling shouldn’t be represented as activity that improves the financial condition. Moreover, operators won’t have the right to claim their license as their advantage, for the advertising purpose.
Read more: Gambling in Europe: licenses and regulations