Bet365 Nederland

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B_arber
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B_arber

Bet365 Nederland
« on: February 20, 2021, 09:39:41 AM »
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Because of the regulation of the Dutch market, Bet365 is not available to Dutch clients. However, I now read in this forum that Holland is about to sell some licences to online operators. Do you have any idea if Bet365 is interested in getting one of them? This is a key sports book and it would be great to have Bet365 in Holland again.
Also, in case that we continue our lives with out Bet365, what are the alternatives? Are agents and brokers allowed to operate in Holland?
Thank you.
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Blsht-sb
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Re: Bet365 Nederland
« Reply #1 on: February 21, 2021, 05:30:43 AM »
+1

The KSA has stated a few months ago that they expect to receive about 130 applications for permits, but they didn't give out the names of the parties involved.

In the KOA legislation, there's no mention of brokers or agents. It simply states that any party that wants to facilitate casino/gambling/betting services can only do so legally by applying for and receiving a permit.

Unfortunately we'll have to wait for a little while longer before we can find out which bookmakers/brokers we can legally use in October..

There is one very important change in the gambling tax law, though. Currently, if you play with any sportsbook other than TOTO or Runnerz, you have to pay a tax of 30,1% over both winnings AND all the stakes you've placed in the last month. This means you almost always have to pay more in taxes than you've won(!)

This ridiculous law will finally change on October 1st: if you play with any party that holds a KSA permit, you won't have to pay any tax (the tax will be paid by the permit holder), if you play with any EU-based supplier, you won't have to pay any tax (because the  bookmaker is expected to have paid the tax within the EU, meaning the Dutch government can't ask you to pay taxes again). If you play with a supplier from outside the EU, you'll have to pay your own taxes (at a rate of 29%), but based on your winnings in the last month (you won't have to add the stakes anymore, so the tax will finally be fair. High, yes.. but at least fair).
« Last Edit: February 21, 2021, 05:34:02 AM by Blsht-sb » Logged
vinciguerra
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Re: Bet365 Nederland
« Reply #2 on: February 21, 2021, 12:41:33 PM »
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If you play with a supplier from outside the EU, you'll have to pay your own taxes (at a rate of 29%), but based on your winnings in the last month (you won't have to add the stakes anymore, so the tax will finally be fair. High, yes.. but at least fair).

Based on your winnings per operator or based on your total of winnings of all outside-EU operators?  Do you have a link for this, either in English or Dutch?  I wasn't aware of this change.
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Blsht-sb
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Re: Bet365 Nederland
« Reply #3 on: February 21, 2021, 02:31:34 PM »
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If you play with a supplier from outside the EU, you'll have to pay your own taxes (at a rate of 29%), but based on your winnings in the last month (you won't have to add the stakes anymore, so the tax will finally be fair. High, yes.. but at least fair).

Based on your winnings per operator or based on your total of winnings of all outside-EU operators?  Do you have a link for this, either in English or Dutch?  I wasn't aware of this change.

rijksoverheid.nl/binaries/rijksoverheid/documenten/kamerstukken/2020/12/17/reactie-betreffende-de-kansspelbelasting/reactie-betreffende-de-kansspelbelasting.pdf

A letter from the secretary of the Treasury (in Dutch). Every month you'll have to pay 29% based on (winnings minus initial stakes) across all bookmakers without a permit, that are based outside of the EU.
« Last Edit: February 21, 2021, 04:08:49 PM by arbusers » Logged
vinciguerra
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vinciguerra

Re: Bet365 Nederland
« Reply #4 on: February 21, 2021, 02:51:22 PM »
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Thanks, great info!
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barret19
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Re: Bet365 Nederland
« Reply #5 on: February 21, 2021, 06:46:42 PM »
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I expect a huge amount of permit bookmakers on a liberal country like the NL.
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Blsht-sb
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Re: Bet365 Nederland
« Reply #6 on: February 22, 2021, 08:55:39 AM »
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I expect a huge amount of permit bookmakers on a liberal country like the NL.
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Fingers crossed on that one.. the fact that online gambling is still illegal (at least until October) doesn't make me very optimistic, I must say... And the fact that the 29% tax burden will be completely moved to the supplier (bookie) while the market isn't that big, makes me think it wouldn't be a superb investment for a bookie.. But that's just my feeling, based on no facts at all..
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arbusers
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Re: Bet365 Nederland
« Reply #7 on: February 22, 2021, 10:07:43 AM »
+1

The Dutch market is a big one and I am sure that all bookmakers are eyeing entering. Bet365 is not an exception as they are always present in all developments and there is no chance they would let go. Bet365 operates in really difficult markets for a bookmaker to operate and that includes Greece and soon Russia. I see no reason why they would stay out of Holland.
Take my word, if Dutch policy is fair, Bet365 will be there.
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blackjack
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blackjack

Re: Bet365 Nederland
« Reply #8 on: March 05, 2021, 04:30:27 PM »
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Holland will be a new Eldorado. Take positions you smart bettors. Until they wake up you will make millions.
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