The Casumo Corporation is withdrawing from the Dutch market. This choice follows the announcement by the Netherlands Gaming Commission (KSA) of significant alterations to the nation’s gaming regulations. Previously this year, 28 businesses submitted applications for permits to provide wagering services under the revised framework. Nevertheless, the KSA emphasized that a mere ten licenses will be awarded commencing on October 1st, 2021. This signifies the arrival of a considerably more stringent and controlled industry, prompting Casumo to opt against seeking a license presently.
The KSA is taking decisive action against unauthorized gambling. They recently imposed a substantial penalty on Tipico, an organization based in Malta, for providing internet gambling without the necessary authorization. They are resolute in ensuring that only entities fulfilling their rigorous standards obtain licenses. These standards encompass elements such as implementing robust safeguards to avert gambling dependency and advocating responsible gaming practices. The KSA’s message is unambiguous: their objective is to establish a more secure gambling environment for all individuals within the Netherlands.
Casumo is deeply invested in growing its presence in new regions, but they’re equally dedicated to adhering to regulations. They’ve opted to briefly withdraw from the Netherlands to guarantee complete conformity with regional gaming ordinances. This action is integral to their strategy of securing a comprehensive license to function legitimately there in 2022. They are putting in the effort now to ensure a robust return, enabling them to provide their offerings to Dutch players through proper channels.
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