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A Dutch horsebetting license is expected to be awarded as part of procedure whose main terms are now outlined.
This is a very interesting article from my colleagues Richard van Schaik and Róbin de Wit. Finally something is changing in the Dutch gaming market, this is definitely a very good news.
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The Dutch games of chance authority (Kansspelautoriteit, “KSA”) marked the kickoff of a phased totalizator horsebetting licensing procedure. The KSA announced a transparent process in which a single license for horse and harness racing bets will be granted to a new license holder in the period 2017 to 2022.
On November 29 2016, the KSA will officially publish the licensing procedure and further information in that regard on its website. From the information currently available, it appears that the procedure will consist of two phases.
Phase 1
During the first phase, subscribed parties will be judged by the KSA on the basis of pre-defined criteria to assess whether they are suitable to provide a reliable totalizator. Those parties who expressed their interest to offer horse and harness racing bets and who submitted the required information in time, will be assessed by the KSA on the basis of so-called knock-out criteria.
Phase 2
Subsequently, the parties selected by the KSA will be invited to present how they will implement and execute the totalizator license. Again, parties will be judged by the KSA on the basis of pre-defined criteria, after which one licensee will be chosed.
Subscribing to the horsebetting procedure
Interested parties can be admitted to the official licensing procedure as from November 29 by downloading, completing and submitting the appropriate form, to be made available on KSA’s website. On that same day, the KSA will disclose the knock-out criteria that are of crucial importance during the first phase.
In order to be eligible for admission to the procedure, interested parties should at least hold the following documents:
- A recent (< 6 months) digital certified extract from the Commercial Register of the interested party (or similar document from an EU / EEA country);
- A recent (< 6 months) statement of good conduct (verklaring omtrent gedrag) for legal entities (or similar document from an EU / EEA country). Dutch entities can request such statement here.
Further information about the licensing procedure and any criteria connected thereto will be published on this blog as soon as it becomes available.
