IPepper news
  1. Main
  2. /

    News
  3. /

    Legal
  4. /

    Netherlands ...
  5. /...
Netherlands Introduces Deposit Limits on Bets
Flag of the Netherlands. Flickr

Netherlands Introduces Deposit Limits on Bets

The Kansspelautoriteit (KSA), the Dutch gambling regulator, has implemented new changes to the Responsible Gambling Policy Rules, imposing strict deposit limits on bets. The revised regulations were published on June 3 in the Official Gazette of the Netherlands and are now in effect.

Under the new rules, individuals aged 18 to 24 can deposit a maximum of €300, while those over 24 are limited to €700. If a young person aged 18 to 24 makes a deposit exceeding €300, the operator is required to perform a financial check to verify that the player can afford the deposit. The same procedure applies to deposits of €700 or more for older players.

Should it be determined that a player cannot afford the deposit amount, the operator must block any further deposits for the remainder of the calendar month.

There are provisions for exceptions to this rule, such as for professional poker players who may need to deposit larger amounts to participate in tournaments.

The KSA has indicated that while these rules are effective immediately, certain provisions, including the deposit limits, will not be enforced until October 1. This delay is to allow time for necessary adjustments and for operators to hire new staff to manage these changes.

LegalNetherlandsBettingGambling

Other news
EveryMatrix Set to Acquire Fantasma Games

19 September 2024, 15:00

Pennsylvania's Total Gambling Revenue Reaches $525.5 Million

19 September 2024, 11:05

Brazil sets deadline for unlicensed gambling operators

18 September 2024, 15:49

Fantasy Life made the footballer an ambiguous offer

18 September 2024, 10:43

Flutter Entertainment to Buy Playtech's Snaitech for $2.56 Billion

17 September 2024, 16:48

BetMGM Becomes General Partner of USA TODAY Sports

17 September 2024, 09:01

Three major Las Vegas casinos to be led by one executive

16 September 2024, 16:51

Playtech and Caliente end long dispute over Caliplay money

16 September 2024, 11:09

UK footballers join new anti-gambling campaign

15 September 2024, 15:04

Star Entertainment Group reminded of possible licence revocation

15 September 2024, 11:51

Fox Seeks to Buy FanDuel Stake Below Market Value

14 September 2024, 15:00

Flutter Entertainment buys more than 56% of Brazil's NSX Group

14 September 2024, 10:06

MGM Resorts Transitions Casinos and Hotels to Solar Power
MGM Resorts Transitions Casinos and Hotels to Solar Power

MGM Resorts International has forged a partnership with Escape Solar LLC to provide its hotels and casinos with solar energy. This collaboration enhances MGM's existing status ...

US lawmakers prepare new restrictions for the country's gambling market
US lawmakers prepare new restrictions for the country's gambling market

New York Congressman Paul Tonko and Connecticut Senator Richard Blumenthal have proposed a legislation aimed at strengthening regulations within the betting and gambling ...

MGM Resorts Confident in Osaka Casino Future
MGM Resorts Confident in Osaka Casino Future

MGM Resorts International is optimistic about the timely construction of its integrated resort, MGM Osaka, which will feature a hotel and casino. The American gaming giant has ...

Articles
Expert Opinion: Why Betting Can't Survive Without AI Analysis of Sports Data
Expert Opinion: Why Betting Can't Survive Without AI Analysis of Sports Data

In his opinion column, IGB expert Tom Waterhouse explores the significance of sports data analytics and data providers within the evolving landscape of sports betting. He ...

Finnish Gambling Market Reform: Veikkaus Resurgent vs Kindred's Leadership
Finnish Gambling Market Reform: Veikkaus Resurgent vs Kindred's Leadership

Could competition from private companies in Finland's regulated gambling market aid in revitalising the Veikkaus monopoly, which has experienced years of decline and losses? ...

Brazil's CPI and the Fight Against Match-Phishing
Brazil's CPI and the Fight Against Match-Phishing

Robinson Barreirinhas, the Special Secretary of Brazil’s Federal Tax Service, is set to provide testimony before the Parliamentary Commission of Inquiry (CPI) investigating ...

Why California Tribes Are Revolting Against Card Rooms
Why California Tribes Are Revolting Against Card Rooms

California Indian tribes engaged in the gambling industry are actively backing a bill aimed at enhancing their operations. However, representatives from state casinos and card ...

US Gambling Industry: Can More Deals Be Made?
US Gambling Industry: Can More Deals Be Made?

For many years, the majority of the largest companies in the US gaming sector—encompassing operators, suppliers, and sportsbooks—have been publicly traded entities. However, ...

Categories