Dutch Authorities Increase Gambling Levy

Dutch Authorities Increase Gambling Levy

As of Oct 1st, all operators of the Dutch iGaming marketplace will encounter an greater gambling levy, as perfectly as a rise in other costs. The corresponding statement from the Ministry of Justice and Protection was posted in the recent Dutch financial news.

The authority declares that the alter is essential for funding costs of the Dutch gambling fee, the Kansspelautoriteit (KSA). KSA’s costs have skyrocketed owing to the approaching start of the iGaming current market.

The new tax rules will remain in result for the subsequent 10 many years.

Levy prices maximize by sectors of the Gambling industry  

According to the report, issued by the Dutch authorities, the revenue-based mostly tax for licensing will go up from 1.75% of an operator’s gross gaming profits (GGR) to 2.9% of GGR (such as the prices for the avoidance of gambling addiction). This change applies to all gambling sectors in the nation.

The levy for the operators, nonetheless, is likely to change per sector of the gambling business. Therefore, the taxes for the slot equipment and casino sector will increase by 7.8%, even though levies for iGaming operators will increase by 10.2%.

All operators are also likely to encounter a increase in the selection of other costs. On top of that, the Dutch federal government introduces a series of new prices for all variations, utilized to the gambling licenses.

In addition, the processing fees for casino and lottery operators were being decreased from EUR48 000 to EUR28 000.

Adjustments in most service fees will come into impact straight away. The new licensing charges for an occasional charity lottery with prize money in a vary between EUR50 000 and EUR500 000, nonetheless, will not be enforced until eventually the 1st of September, 2021.

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