Kansspelautoriteit (KSA), the regulatory authority for the Netherlands, has published its ‘Market Vision’ document which outlines the core directives it seeks to establish for monitoring ‘games of chance’ in the interest of public safety.
The KSA document sets out the regulator’s current structures related to market monitoring, how it has categorised games of chance and also how the regulator undertakes assessments related to player risks.
As the Netherlands moves to launch its regulated online gambling marketplace on 1 July 2021 under the remit of the approved ‘Remote Gambling Act’, the KSA presented the core objectives and oversight that will lay the foundations for the monitoring of casino games activities.
The document set out the KSA’s ‘regulatory structures for market surveillance’ in which the regulator detailed its enforcement and prohibition agenda to monitor market incumbents.
The KSA also specified a series of obligations for software suppliers and operators servicing games of chance content, for whom transactions will be recorded by an external agency.
In its publication notes, the KSA stated that the document represents its first review of the casino games monitoring requirements since 2011.
Helping its regulatory mandate, the KSA has launched a further public consultation (open until 22 August) which will allow stakeholders to offer insights and input on the regulator’s intended market surveillance practices.
Prioritising consumer safeguards, the KSA highlighted that its document had been drafted in collaboration with the Netherlands Ministry for Legal Protections, the agency headed-up by Minister Sander Dekker (VVD).
Probed by the Kramer last month on the progress of implementing the Remote Gambling Act, Dekker replied that the launch of a regulated igaming market may be delayed by several months unless the KSA can prove its regulatory structure.