The Netherlands is a European nation that is situated on the North Sea to the east of the United Kingdom and bordering Belgium and Germany. It is well known for its beautiful landscape that features canals, windmills, and fields of tulips. For centuries, the Netherlands has been a big player in international trade and it is the 10th largest exporter on Earth. Nearly 14 million tourists visited the Netherlands in 2014 helping the fast-growing service sector which is also a key element of the economy.
Gambling in the Netherlands is a state monopoly. There are several land-based casinos in operation here and they are run by the Holland Casino Group. All proceeds go directly to the Dutch Treasury. Plans are in the works to privatize all casinos and update the Dutch gambling laws to include internet betting. As it stands, Dutch authorities do not regulate internet gambling which means they are missing out on their cut of the approximately €800 million that Dutch online gamblers spend each year at foreign gaming sites. Foreign online gambling sites that accept wagers from Dutch residents face heavy fines but the players are not punished.
Top 10 Gambling Sites for Netherlands
What are the Best Gambling Sites and Promotions for Netherlands?
Internet gambling in Netherlands is a state monopoly. There used to be an online casino run by Holland Casino, who owns the monopoly, but it closed down. This left Dutch online casino players little choice but to seek out foreign operators to get their online casino gaming fixes. Many of the world’s leading brands in online gaming accept bets from Dutch online casino fans even though they face heavy fines. These gambling sites also offer some very nice bonuses. 32Red, Guts, and Interwetten are highly respected online casinos and they are giving away close to $100 in casino betting bonuses while Whitebet has €100 ready for you to claim as do BetWorld and BetClic If you would like to get your hands on up to €150 in casino betting bonuses than you just need to go to ExclusiveBet. You will definitely feel like a winner when Skybook gives you $1,500 in bonuses. Of course, you already hit the jackpot with the $10,000 bonus package that Play Grand Casino is handing out.
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How Regulated is the Dutch Gambling Market?
The Dutch gambling market is currently a state monopoly although there is a move to privatize the industry here. Dutch gambling laws are being amended but have yet to be introduced. Holland Casino presently oversees all casino operations and other gambling activities. They used to run an online site but it has long since closed down.
Is Gambling Legal in Netherlands? What is the Legal Gambling Age?
Gambling is legal throughout the Netherlands and there are several land-based betting establishments located here. There is also a state-run lottery that features sports betting, several brick and mortar bingo halls, and a series of poker rooms. All of these platforms are run by Holland Casino. The legal age to gamble in Netherlands is 18.
Does Netherlands Tax Gambling Winnings?
Gambling winnings over €454 are subject to a 29% tax in the Netherlands which is withheld at the source. There is no tax charged if the player spends more than the prize is worth. Gamblers who win abroad must claim their earnings on a gaming tax return.
What Currencies and Payment Methods do Dutch Players Generally Use?
As a member of the European Union, the official currency of the Netherlands is the Euro and it is accepted throughout the country. Dutch residents that wish to process online payments to gaming sites have several options to select from. Major credit cards like Visa, Mastercard, and Maestro are most commonly used. Prepaid cards like Mint and PaySafe are widely accepted as well as eWallets such as Skrill and Neteller. Bank wire transfers can also be used at most gaming sites. Check with your preferred online gaming site to see what payment methods are best for you.