The legal online gambling market in the Netherlands has seen a decrease in growth since its opening in October 2021. According to a report from Kansspelautoriteit (KSA), the number of gambling accounts in the country has plateaued, and revenue growth is slowing down.
The KSA’s fifth monitoring report on online gambling showed an 8 percent increase in gross gambling revenue (GGR) from January to August 2023, compared to the 33 percent growth in revenue reported between August 2022 and January 2023. KSA chairman René Jansen stated that the market is developing as expected, with continued growth ensuring increasing responsibility among providers.
Dutch licensed operators amassed GGR totaling €1.33bn during the period August 2022 to July 2023. However, the ban on most gambling ads implemented by the Netherlands’ government on July 1st is expected to cause a dip in revenue due to fewer players being drawn to online offerings.
The report also outlined a decline in the number of active accounts, falling by 33,000 in just six months. However, this does not necessarily represent a decrease in the total number of players, as multiple accounts are often used by consumers.
According to CasinoScout.nl, several new operators are expected to enter the market in 2024. Land-based operator Hommerson will make its debut on the online market, while JOI 2 Limited is still waiting to launch their new online casino. Additionally, several brands of Rootz Limited are lining up to launch their Dutch version.
Overall, while the legal online gambling market in the Netherlands has cooled off in terms of growth, it continues to meet expectations, and new operators are expected to contribute to its development in the coming years.