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The Netherlands online gambling market has been the subject of many column inches and much speculation thanks to regulation that has been largely described as heavy-handed and perhaps a little short-sighted – even by the country’s own regulator.
The triumvirate of Netherlands, Germany and Sweden is often held up as an example of how not to regulate, with all three countries haemorrhaging players to waiting illegal operators. So what is public sentiment like towards operators? “My feeling is that if you look at public sentiment, they don’t see really the difference between online and land-based,” says Petra. “If you look into what they’re saying, they’re primarily talking online. But for the general public, there is no difference [between the channels] in that respect.”
She believes the sentiment towards gambling among the Dutch public is comparable to the UK, Finland, Germany, France. “So, very tense,” she says.
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Arsenal vs. Benfica (Agg 1-1) (5.55pm GMT kick-off)
Last week’s first leg between these two sides was a frustrating one for both teams. Benfica will feel disappointed not to have taken advantage of Arsenal’s wasteful nature in front of goal, while The Gunners will be kicking themselves not to have sealed the tie at the first time of asking.
The away goal for the North London side will no doubt have pleased boss Mikel Arteta, but in recent weeks, his side have once again slipped down into the bottom half of the Premier League and that will not have bought him any favour with the former Invincibles’ increasingly frustrated fanbase.
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In response, DeNault noted that prediction markets regulated on the federal level by the CFTC offer a “safer alternative” than many offshore operators that lack the requisite consumer protections.
“You can go the combative route and ban something that’s federally regulated,” he said. “But what you’ll end up with is a bunch of customers in Texas just going offshore.”
The committee also heard from Brianne Doura-Schawohl, a nationally recognised problem gambling expert. One study cited by Doura-Schawohl found that 52% of Gen Z respondents include sports betting and prediction markets as part of their long-term financial plan.
