Entain to Get Gambling License in the Netherlands

[Davidvictorson]

Entain one of the world’s largest sports-betting and gaming groups gearing up to granted a Dutch gambling license in  first half of 2022. The company plans to submit its license application in the fourth quarter of this year. The Netherlands had in April 2021 passed a law legalizing online gambling and operations are to abide by its very strict demand. It should be noted that awaited online gambling market opens midnight on Friday 1 October.

So far only ten entrants will be allowed to operate while the applications of other companies are under review. Some of the companies that will be allowed to operate include; Play North, Bingoal, Toto Online, Holland Casino, NSUS Malta.

https://casinobeats.com/2021/09/29/ksa-confirms-first-players-in-dutch-legalised-online-gambling-marketplace/

 

[Kittygalore]

They're big but how come we don't hear of them? Anyways, I didn't know that there are countries out there that has online gambling as an illegal gambling activity, what could be the reason for that though? They have a small population though so I don't know how big of an impact they will bring when it comes to the online gambling community.

[Oshosondy]

So far only ten entrants will be allowed to operate while the applications of other companies are under review. Some of the companies that will be allowed to operate include; Play North, Bingoal, Toto Online, Holland Casino, NSUS Malta.

https://casinobeats.com/2021/09/29/ksa-confirms-first-players-in-dutch-legalised-online-gambling-marketplace/

Are any of the gambling sites accepting deposit and withdraw in cryptocurrencies?

[Fesatmas]

“Online providers check players based on gaming behavior,”

Which means that it's not officially official but rather a proposal from gamblers who have been hiding in classic casinos for a long time. They are quite serious and will soon make an opening that can later attract gamblers. But something made me quite happy when this statement "High requirements are imposed on licenses, including in the areas of addiction prevention and consumer protection, and strict Ksa testing," proving that there is a precaution they have in place to minimize addiction.

[avikz]

They're big but how come we don't hear of them? Anyways, I didn't know that there are countries out there that has online gambling as an illegal gambling activity, what could be the reason for that though? They have a small population though so I don't know how big of an impact they will bring when it comes to the online gambling community.

You didn't hear about them because they are fiat based gambling houses. They don't yet allow cryptocurrency gambling on their platform yet. But they are indeed big names in the sport gambling market.

Second thing, Netherlands is a small country but that doesn't mean they are poor. Netherlands is the world's 13th largest economy with GDP nearing 1 trillion dollars. So they are rich like hell. For any company with sales in European region, Netherlands is a preferred destination.

[Fortify]

Entain one of the world’s largest sports-betting and gaming groups gearing up to granted a Dutch gambling license in  first half of 2022. The company plans to submit its license application in the fourth quarter of this year. The Netherlands had in April 2021 passed a law legalizing online gambling and operations are to abide by its very strict demand. It should be noted that awaited online gambling market opens midnight on Friday 1 October.

So far only ten entrants will be allowed to operate while the applications of other companies are under review. Some of the companies that will be allowed to operate include; Play North, Bingoal, Toto Online, Holland Casino, NSUS Malta.

https://casinobeats.com/2021/09/29/ksa-confirms-first-players-in-dutch-legalised-online-gambling-marketplace/

It's scary to look at the share price of Entain, it has skyrocketed during the pandemic and that means a whole load of people have lost a whole load of moeny to them. I think as the world gets back to normal this company will return to lower levels, so they want to keep the ball rolling as long as possible with things like an expansion in to the Netherlands. They definitely have a huge range of gambling operations and this puts them in a prime position to make the most of this gambling license. It's actually surprising that the Netherlands is so slow to adapt and protective over gambling considering all the other vices that their country have a reputation for allowing.

[tulusikhlas]

Even their tax income is quite large, so it is quite appropriate if in the end the country will have this kind of thing. Tonight at least there will be a gathering of gamblers with big stakes. The policy which was not responded to by the Dutch coinage continued to try to include all the details of the casino and put it on the list of gambling licenses which was quite good.

[dbc23]

All a genuine gambler needs is a reliable site to gamble and get paid when due.
Entain should do well to take up contracts with the 'people's choice' gaming platform or prune thier customers with adverts on how the sites works,the likes of bingoal,Holland casino etc.
And also, requirements of ksa online operators to centralize their data base should be undentical and uneasy to access or made in a way that could not easily get spammed.

[Slow death]

So far only ten entrants will be allowed to operate while the applications of other companies are under review. Some of the companies that will be allowed to operate include; Play North, Bingoal, Toto Online, Holland Casino, NSUS Malta.

https://casinobeats.com/2021/09/29/ksa-confirms-first-players-in-dutch-legalised-online-gambling-marketplace/

Are any of the gambling sites accepting deposit and withdraw in cryptocurrencies?

these casinos don't have cryptocurrencies, they only accept Fiat, I don't understand why OP posted this here when it doesn't benefit and doesn't deal with cryptocurrencies

[Maestro75]

While Spain bans sports men and women from promoting gambling, the Netherlands is encouraging it. Here is the news source https://www.sportspromedia.com/news/la-liga-betting-shirt-sponsors-2020-21-season. And the article was even used as a topic here on this forum. This shows how we all differ in our thinking. What we think is good may turn out to be bad in the eyes of others.

[aioc]

So far only ten entrants will be allowed to operate while the applications of other companies are under review. Some of the companies that will be allowed to operate include; Play North, Bingoal, Toto Online, Holland Casino, NSUS Malta.

https://casinobeats.com/2021/09/29/ksa-confirms-first-players-in-dutch-legalised-online-gambling-marketplace/

Are any of the gambling sites accepting deposit and withdraw in cryptocurrencies?

these casinos don't have cryptocurrencies, they only accept Fiat, I don't understand why OP posted this here when it doesn't benefit and doesn't deal with cryptocurrencies

Checking all the gambling sites mentioned on the post they are all not, but we have a lot of topics that are not related to Cryptocurrency gambling but posted here because they are gambling in nature, like mental conditions when gambling, gambling addiction, gambling locations so I guess this topic deserves to be here to discuss.

[Zilon]

“If the gaming behavior deviates from this, the provider is obliged to inform the player. He can do this by having pop-ups or warning texts appear on the screen. Online it is quite possible for games of chance providers to keep an eye on the behavior of players.”

This licensing will promote responsible gambling and define a well structured source of generating revenue from this gambling sectors. It would have been more advantageous if the went into cryptocurrency gambling other than the general fiat so more gamblers across different boarders will find it more convinent funding and playing on their sites without having issues of exchanging between currencies

[harizen]

Entain one of the world’s largest sports-betting and gaming groups gearing up to granted a Dutch gambling license in  first half of 2022. The company plans to submit its license application in the fourth quarter of this year. The Netherlands had in April 2021 passed a law legalizing online gambling and operations are to abide by its very strict demand. It should be noted that awaited online gambling market opens midnight on Friday 1 October.

So far only ten entrants will be allowed to operate while the applications of other companies are under review. Some of the companies that will be allowed to operate include; Play North, Bingoal, Toto Online, Holland Casino, NSUS Malta.

What's the benefit that the license can give to us here?

Is crypto-payment supported by those companies that have already been granted with the license or those companies that are now allowed to operate?

If it's pure fiat betting, I don't think that news can make an impact here. I also see that license covers the term of mandatory KYC which is usual on fiat gambling sites.

[smyslov]

If it's pure fiat betting, I don't think that news can make an impact here. I also see that license covers the term of mandatory KYC which is usual on fiat gambling sites.

It doesn't and will not have an impact here in our community, but who knows there are players here who plays from fiat-based casinos from time to time it's still a discussion about gambling I'm ok posting it here, who knows in the future they will accept Cryptocurrency, they will soon realize there's a lot of advantages accepting or shifting to Cryptocurrency, gamblers are now shifting for anonymity.

[goinmerry]

It doesn't and will not have an impact here in our community, but who knows there are players here who plays from fiat-based casinos from time to time it's still a discussion about gambling I'm ok posting it here, who knows in the future they will accept Cryptocurrency, they will soon realize there's a lot of advantages accepting or shifting to Cryptocurrency, gamblers are now shifting for anonymity.

I think accepting crypto won't happen soon.

As stated in the article, it was just this year where the Netherlands allows online gambling. It takes time for sure before approval so how long it will take for crypto to be considered and supported by gambling sites there. Looks like the Netherlands is now slowly improving their gambling industry. There is some news around involving that country that is related to gambling just like the topic.

[Wexnident]

Seems pretty big on their side but nothing that news breaking imo. I guess it opens up more casinos for the people there to play with, but if I understood this correctly, it's not as if the place has banned gambling casinos more like it just has really strict operations about it.

As stated in the article, it was just this year where the Netherlands allows online gambling. It takes time for sure before approval so how long it will take for crypto to be considered and supported by gambling sites there. Looks like the Netherlands is now slowly improving their gambling industry. There is some news around involving that country that is related to gambling just like the topic.

The thing that should be considered when taking into account crypto stuff isn't really about their stance on gambling, but rather their stance on crypto itself. Implementation of crypto adoption would stoon follow immediately after that imo. Especially if we consider just how much of a boom it is right now for crypto casinos.

[Fundamentals Of]

While others are implementing tighter regulations to gambling, Netherlands is opening its doors. This is good for gambling companies of course because this means they are also extending their market. But this is also bad in a way because there will be another country to face gambling problems sooner or later. But this is probably the secondary consideration of The Netherlands. The country must have been looking forward to the revenue it will get from it. But it's nice to know they are setting high standards for gambling companies to be able to operate.

[traderethereum]

While others are implementing tighter regulations to gambling, Netherlands is opening its doors. This is good for gambling companies of course because this means they are also extending their market. But this is also bad in a way because there will be another country to face gambling problems sooner or later. But this is probably the secondary consideration of The Netherlands. The country must have been looking forward to the revenue it will get from it. But it's nice to know they are setting high standards for gambling companies to be able to operate.

Indeed, it could be good revenue for the Netherlands because they will see sooner, many gambling operators will try to open their branch in the Netherlands.
It could attract them to run their business in that country but I hope the Netherlands are ready to see a high number of gamblers playing gambling.
Besides that, it could trigger a case of gambling addiction in the Netherlands since people are free to play gambling. Hopefully, their government is also ready with this problem because gambling addiction is serious in all countries.
Hopefully, it can attract the gambling companies to see another option to crypto for placing the bet.

[YOSHIE]

Yes, I've heard of Holland Casino from my friend, he lives in amsterdam, he once told me about Holland Casino, Holland is one that he often visits with friendly and good service, my friend used to tell about the games he played there like Roulette, Punto Banco, Black Jack and many others he said he enjoyed visiting Holland Casino.

Maybe i will tell this to my friend about Holland Casino, they already have a website licensed in the netherlands in the future, he might be happy to hear this.

[robelneo]

It doesn't and will not have an impact here in our community, but who knows there are players here who plays from fiat-based casinos from time to time it's still a discussion about gambling I'm ok posting it here, who knows in the future they will accept Cryptocurrency, they will soon realize there's a lot of advantages accepting or shifting to Cryptocurrency, gamblers are now shifting for anonymity.

I think accepting crypto won't happen soon.

As stated in the article, it was just this year where the Netherlands allows online gambling. It takes time for sure before approval so how long it will take for crypto to be considered and supported by gambling sites there. Looks like the Netherlands is now slowly improving their gambling industry. There is some news around involving that country that is related to gambling just like the topic.

It doesn't have to take long, Cryptocurrency is slowly taking over the gambling industry, the majority of the gamblers played or have been playing in a Cryptocurrency based gambling casinos and these fiat-based casinos should cover territories or keep up on what their players want
in the future, these fiat-based casinos will integrate Cryptocurrency or will have a Crypto casino version or sister company.
We have a battle of fiat-based casinos and Crypto based casinos and Crypto based casinos will eventually win.