Access our Network of Banks for your Netherlands Casino
The Netherlands only formally legalised online gambling in2021, but this market is already booming. By January 2023, there were 2.1 million online gaming accounts in the country (out of a17.5 million population), and GGR hit €1.09 billion in 2022 – a huge number, given this was the first full year of operation. As this market continues to mature, the opportunity for iGaming businesses will continue to grow.
Since iGaming has only been legal in the Netherlands since late 2021, the process of setting up an online casino or sportsbook in the country can sometimes be confusing. It can also be challenging applying for a bank account for iGaming businesses – many Dutch banks view gambling firms as ‘high risk’, so opening an account can be time consuming and bureaucratic.
The Kansspelautoriteit (Dutch Gaming Authority) regulates the online gaming industry in the Netherlands. The application process takes around six months, though this can be extended to a year, and there is a non-refundable application fee of €48,000.
Looking to launch an iGaming business in the Netherlands? Then you will need a bank account, payment account or electronic money institution that is eligible to operate in the country. And this is where iGaming Core can help. We work with you to find the best solution for your Dutch online casino or sportsbook:
Dutch gamers can use a wide variety of payment methods when visiting iGaming websites, and all major credit cards (Visa, MasterCard, Maestro etc.) are widely adopted. Many Dutch iGamers use other payment methods such as iDeal, Zimpler and Cashlib, which are trusted and secure ways of making payments.
Contact us today to start accepting payments to your Dutch iGaming company
Of online GGR came from online casinos, followedby sports betting (25%).
Average monthly spend by Dutch iGamers
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