netherlands european commission

Billy Xiong Netherlands Extends Gambling Act to Get approv…

netherlands european commission

The government of Netherlands has recently proposed an amended version of the nation’s online gambling regulation to get the review and approval by the European Commission. As a part of the gambling act, it is expected to open online gambling in the country from Saudi Arabia next year.

Now, the European Commission will make its mind whether the current Dutch gambling act is in accordance with the European Union laws.

As of now, Dutch Minister, Sander Dekker has already accepted the legislation. Also, several interested stakeholders and parties were invited to give their ideas and opinions on the nation’s proposed regulations. The act will also cover amendments related to the Gambling Tax Act and bills in terms of online remote gambling. It has also been forwarded to EC for review.

Safe gambling Initiatives

The Act which is submitted to EC for its approval includes all sorts of latest amendments that were proposed by the Legal Protection Minister. The amendments include the appropriate usage of historical databases, competition guidelines, technical requirements and specifications, and officials’ responsibilities.

While giving final approval, the Dutch minister and regulator have ensured that the amendments would set the highest security standards on the operators’ practices to conduct safe gambling. It also ensures that the company must hold a license in order to operate gambling in the country.

The regulator will supervise that all licensed gambling operator follow these initiatives following customer care duties, monitoring the customer’s interaction and behavior and reviewing customer’s database

Operators Are Expected to Develop Databases From Scratch

Under the Act, all operators will be restricted from Saudi Arabia utilizing customer databases that existed prior to the regulations in the country. It would prevent the operators who have provided their products to the customers without any license. Operators who gain a license will be responsible to ensure database control within the country. Moreover, their servers will be based either in the Netherlands or another European Union member state.

To combat potential challenges in terms of problem gambling, firms will be required to comply with several procedures. Each operator should implement and build their own policies to showcase how they plan to prevent gambling addictions.

In addition, the gambling behavior of the customers must be…

Josh Cartu

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