Netherlands: first foreign provider announces its intention to enter the Dutch online gambling market

more+
less-

Yesterday, the German online lotteries provider Tipp24 notified its intention to enter the Dutch market  and to comply to the proposed Remote Gambling Ac. This means that Tipp24 is willing to donate 40% of its revenue in the Netherlands to charitable causes, if this obligation will become part of the new legislation. Tipp24 is the first foreign provider publically presenting its wish to enter the Dutch market and to comply with the proposes legislation.

The text of the proposed Dutch Remote Gambling Act – although not final – was notified to the European Commission last week. The expectation is that new legislation will enter into effect on 1 January 2015.

Topics:  Gambling, Internet Gambling, Online Gaming

Published In: Art, Entertainment & Sports Updates, International Trade Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© DLA Piper - I-gaming | Attorney Advertising

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »