The Swedish gambling operator Betsson says it has withdrawn its application for an online gambling licence in the Netherlands. It said it had faced “significant delays” in approval of the application, which was made via subsidiaries.
Betsson announced the decision to withdraw its application in its Q2 results report. It said it had considered resource allocations and its “attractive” project pipeline in other markets. It said it may reapply for a Dutch licence at a future date.
The operator left the Dutch market in September 2021 ahead of the launch of regulated online gambling after the Dutch regulator KSA confirmed that operators active on the grey market would be subject to a cooling-off period before they would be accepted for licences. The company closed its former Dutch-facing Casino Winner brand in January, which had run Kroon Casino and Oranje Casino. Betsson acquired these in 2014.
Meanwhile, LeoVegas this week announced that it will re-enter the Dutch market after receiving a five-year licence from the KSA for its 21 Heads Up Limited subsidiary to run online casino, live casino and sports betting. LeoVegas plans to launch in the current half.
Betsson announced the decision to withdraw its application in its Q2 results report. It said it had considered resource allocations and its “attractive” project pipeline in other markets. It said it may reapply for a Dutch licence at a future date.
The operator left the Dutch market in September 2021 ahead of the launch of regulated online gambling after the Dutch regulator KSA confirmed that operators active on the grey market would be subject to a cooling-off period before they would be accepted for licences. The company closed its former Dutch-facing Casino Winner brand in January, which had run Kroon Casino and Oranje Casino. Betsson acquired these in 2014.
Meanwhile, LeoVegas this week announced that it will re-enter the Dutch market after receiving a five-year licence from the KSA for its 21 Heads Up Limited subsidiary to run online casino, live casino and sports betting. LeoVegas plans to launch in the current half.