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Home » Bet 365 And IBIA Ask Dutch Gov To Not Limit Betting Sales
Bet 365 And IBIA Ask Dutch Gov To Not Limit Betting Sales
Bet 365 And IBIA Ask Dutch Gov To Not Limit Betting Sales
Europe

Bet 365 And IBIA Ask Dutch Gov To Not Limit Betting Sales

As the Netherlands is working out its new gambling regulations to launch its regulated online gambling market in 2021, industry stakeholders have tendered their recommendations. The Dutch government has been seeking consultation on draft legislation to formulate rules for its remote gambling market.

The trade agency the International Betting Integrity Association (IBIA), and Uk-based online sports betting operator Bet 365 have asked the Dutch government not to limit betting sales.

The Dutch lawmakers have imposed several in-game wagering restrictions on the protection of sports and the integrity of athletes including preventing certified bookmakers from making head-to-head bets and a significant reduction in’ in-play’ bet-types for football and tennis economies, such as next throw-in, foul, corner bets or tennis bets.

In its statement, IBIA said that “The importance of meeting the needs of modern-day consumers in a globally competitive marketplace should not be underestimated.

It is important to recognize that these markets are very popular, especially in the growing in-play product range.”
“Unless the authorities allow operators to offer the widest possible product range, it will become increasingly difficult to capture and report on suspicious betting activity throughout the regulated market,” suggested Bet 365.

Recently, the Dutch gambling authority, KSA, said that they are planning to have the new remote gambling regulations to come into effect from July 1, 2020.

Following the new gambling regulations in place, the gambling regulator also indicated that they would be seeking application from gambling operators for a countrywide license and then the online gambling market would be open by the start of the coming year.

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Harry Matthew

Harry Matthew

Harry serves as a resident reporter for Casino Buzz. He has been responsible for building the content base and forms the core reporting strategies for the website. Along with reporting, Harry is an amazing baseball player with good record at university level. He can be reached at hm[email protected]

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