The iGaming market slated to ramp up this year in the Netherlands could become one of Europe’s largest online gaming markets, according to a white paper compiled by Online Casino Ground.
A new law in the Netherlands will allow private offshore iGaming operators to apply for a license for the first time. The white paper says the current restrictions on online gambling in the Dutch gambling law has forced almost 50 percent of sports bettors to unlicensed sites that can offer products live betting and bonus promotions.
Sports betting is expected to be the most popular type of gambling, excluding lotteries.
According to a report on the G3 Newswire, player research conducted by Online Casino Ground shows roulette is currently the most played online casino game with its Dutch customers at 32 percent with blackjack narrowly behind at 31 percent. Slots are chosen by 25 percent, with bingo, baccarat and online poker combined played by 12 percent of players.
According to the report, Dutch online gambling spending per capita is higher than Germany, on par with France and only slightly behind Spain. The average Dutch player spent €182 a year on gambling activities in 2019.
“With the new Dutch legislation finally just a matter of weeks away, we are excited to see the potential that lies ahead for incoming operators and other stakeholders,” the Online Casino Ground white paper said. “The data points towards a healthy start for the online market with players ready to embrace the new offering.
“There is no surprise that many major industry names have expressed an interest in entering the Dutch market. The legalization of online gambling in the Netherlands comes at a time when the Dutch player is primed to welcome legal offerings, willing to spend more money than many of their European counterparts, and additional gambling options will entice a whole new audience.”