Netherlands Proposes Stringent Gaming Rules, Enhanced Duty of Care and Financial Checks

Netherlands Proposes Stringent Gaming Rules, Enhanced Duty of Care and Financial Checks

In response to findings from a September report, the Dutch regulatorKSA, is reinforcing responsible gaming policies, aiming to enhance player protection in the rapidly growing online gambling market.

Swift Recognition of Addiction Signs

One key amendment requires providers to quickly identify signs of addictive gambling within one hour of gameplay. The move emphasizes the industry’s responsibility in promptly addressing and mitigating potential addiction risks.

To bolster security measures, the KSA proposes stringent financial checks. If a player exceeds €700 ($770) in monthly deposits, the provider must request proof of the punters’ income before allowing additional deposits. For players aged 18-24, the limit amounts to €300.

The updated policy rules are designed to establish a robust duty-of-care framework for gaming providers. By necessitating timely intervention and financial transparency, the KSA aims to create an environment that prioritizes player welfare.

Youth Protection Measures

Acknowledging the vulnerability of younger players, the KSA imposes stricter financial controls for those aged 18-24. This nuanced approach recognizes the need for enhanced safeguards for this demographic.

Beyond player protection, the proposed rules offer guidance on advertising practices. The intent is to ensure that marketing efforts by gaming providers align with responsible gaming principles and avoid potential harm.

KSA’s move signifies a proactive stance towards industry ability. By addressing issues highlighted in the investigation of Holland Casino and the penalty imposed on GoldWin, the regulator is taking all necessary steps to uphold the highest standards in the online gambling sector.

Before finalizing the updated policies, the KSA is inviting stakeholders to provide  by February 1, 2024. If approved, the revised rules will be officially published in the Government Gazette on April 1, 2024, ushering in a new era of strengthened responsible gaming in the Netherlands.

A Safer Online Gaming Landscape

These proposed policy changes underscore the Netherlands’ vision to foster a safer online gaming environment. With an emphasis on timely intervention, financial ability, and youth protection, the KSA’s initiative is poised to reshape industry practices and prioritize player well-being. Players, providers, and regulators alike await the outcome of this significant step towards responsible gaming.

Source:

”Dutch Gaming Authority updates Responsible Gaming Policy Rules”, gamblinginsider.com, December 21, 2023.

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