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Nearly Half of Dutch Online Gamers Have College Degree
- August 27, 2015 By Nemanja L. -
While some would even go as far as saying that all gamblers are daft to be spending their hard-earned cash at various gaming websites, residents of the Netherlands definitely cannot fall into this category.
Namely, Dutch Gambling Authority Kansspelautoriteit (KSA) has found that residents of the country who gamble online boast better education than the average citizen.
Netherlands Boast Well Educated Online Gamblers
While some 437,000 residents of the country gamble online, which is 1 in every 33 persons aged 16 and over, some 44 per cent of this group boast a college or university degree, as opposed to just 28 per cent of the broader population.
There were more good news for the advocates of the regulated gambling market as the survey conducted by KSA concluded that 83 per cent of online gamblers exhibited no signs of a gambling problem, while only 5.2 per cent of them were deemed problem gamblers.
Kansspelautoriteit has suggested that Dutch online gaming market will see a 13% rise in 2015 when compared to the previous year, and will be worth €296m as opposed to €275m in 2014.
Remote Gambling Bill Should Become Law in 2017
The country has yet to pass its new Remote Gambling Bill that should become a law in about two years, but first signs towards a regulated gambling market have already been made.
KSA have been imposing unlicensed operators with huge fines over the last couple of years and recently increased the maximum amount of fine for repeat offenders to staggering €810,000.
It is partly due to their efforts that Dutch online gamers are now 17 per cent more likely to opt for an online website that has a valid license from the government than take their gaming to one of the unlicensed operators.
The Gambling Authority have ambitious plans to ensure that government licensed gaming companies account for 76% of the entire online market within three years of the passage of said Remote Gambling Bill.
Meanwhile, H2 Gambling Capital has found that European countries tend to channel more than 80% of online market to licensed operators within five years of market regulation.