Online Casinos Coming into Compliance
Gambling in the Netherlands has just gotten a bit easier according to initial
reports from the Dutch media concerning a proposed online casino gambling
taxation bill. The taxation of the internet gambling industry was actually a bit
of a welcomed development for Holland. The Dutch government was on shaky ground
with the European Commission in recent months and years as the Commission has
pushed to completely open the European internet gambling industry to accept all
EU licensed online casinos in countries that allow forms of internet gambling.
There are still a handful of countries that have refused to comply with the
Commission’s requests but the Dutch government chose to take seriously the
threats from the Commission of an impending European Court of Justice hearing.
According to speculative reports, the Dutch Senate has actually passed the new
taxation will in an effort to not only comply with the European Union’s policies
regarding the free movement of goods and services between EU member-states, but
also to protect Holland Casino’s interests within the land gambling industry.
Taxation on both domestic and foreign internet gambling companies is intended to
level playing field a bit rather than giving the online casinos a huge benefit
over land gambling venues.
The situation in the Netherlands regarding online casino gambling is still in a
sticky position and will not be completely in the clear until the new
legislation fully passes and the nation accepts foreign internet gambling sites
into the Dutch market. Additionally, with the new taxation legislation in place
the Dutch government plans on enforcing taxation legislation on Dutch gamblers
who win untaxed funds at foreign internet casinos. |