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Holland Casino a Possible Monopoly

Some in the Dutch government are pushing for a government-run online casinos gambling monopoly. But after warnings from the European Commission about violations of EU policy, a vote was postponed last Tuesday. Holland Casino already has a monopoly on the land gambling industry in the country, but the EC has sent warnings to the Dutch government about passing any further legislation that bans other countries from accessing the Dutch online casinos market. There is little indication if the threats from the Commissioner will halt the Dutch government from passing the ban, but many in the industry anticipated that the senators would not have voted in majority favor of a state gambling monopoly.

A closed online casinos gambling market violates the EU principles of free-trade among EU member states the Commission is responsible for monitoring the nations that seek to violate those policies and principles. There is currently very little regulation in the Netherlands concerning internet gambling, but if a foreign gambling ban passes, it will certainly not the only nation with exclusionary online casinos practices – Germany just recently banned foreign internet gambling companies and Sweden has monopolized the Swedish industry for years with the country’s state-run Svenske Spel gambling monopoly,

Justice Minister Ernst Hirsch Ballin halted a vote in the Netherland’s senate that would have determined if Holland Casino could develop and online gambling site. At this point Holland is in the process of developing and internet site through the software provider Cryptologic. Cyrptologic is the top software provider for the international gambling industry, so if the government monopoly does pass vote at least the Dutch will have a fantastic gambling platform to use.