Oranje Casino and Kroon Casino return. Unibet provisionally closed

Oranje Casino and Kroon Casino return. Unibet provisionally closed

Betsson, the owner of Oranje Casino and Kroon Casino, has had an eventful week. CEO Pontus Lindwall was fired but then allowed to stay on. This week he was a guest on the podcast iGaming Next, a podcast where every week important players from the online gambling industry join. Of course, Lindwall talked about the turbulent week. But also the Netherlands was discussed.

The Netherlands is also prominently featured in Betsson's quarterly report for the third quarter of this year.

Oranje Casino and Kroon Casino second half of 2022 online

The Netherlands is an important market for Betsson. The closure of casinos such as Casino Winner (the former Kroon Casino), Loyal Casino (the former Oranje Casino), Casino Euro, and Betsson to Dutch players is estimated to cost Betsson around 27% of its revenue.

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Betsson closed its casinos to Dutch players as of 30 September. You can no longer create an account from that date, but even those who already had an account can no longer gamble through websites such as Casino Winner, Loyal Casino, and Casino Euro. They can be used to play roulette online in India.

Lindwall indicates in the podcast iGaming Next, and Betsson AB in the quarterly report, that Betsson expects to be able to legally operate in the Netherlands in the second half of 2022.

Betsson is now in the so-called cooling-down period. Gambling sites that have targeted Dutch online gamblers too explicitly must temporarily sit on the penalty bench.

The Swedish-Maltese gambling giant is still on the penalty bench until the end of the first quarter of 2021.

Applying for a license in March 2022 means - if the outcome is positive - that Betsson will have the license by September 2022.

Betsson is confident that from then on it will be able to quickly gain market share over competitors such as BetCity.nl and Batavia Casino. Lindwall mentions "locally known brands" in the podcast. With that, he hints at a return of Oranje Casino and Kroon Casino.

The closing of the casinos in the Netherlands is hitting Betsson. In the first 17 days of October turnover was 17 percent lower than a year earlier. Betsson reports this in the trading update in the quarterly report.

Unibet closed for NL until the license is obtained

After some doubt, Kindred Group also closed its casinos to Dutch players on 30 September. The best-known casino of Kindred Group is of course Unibet.

Kindred initially indicated that it would first investigate whether its casinos really had to close for the Netherlands. This week Kindred announced via a press release that Unibet, among others, will remain closed until the permit is in place.

Kindred expects to receive a license in the second quarter of 2022. That would mean that Unibet could start as a legal Dutch gambling site by early summer at the latest.

Kindred Group will still submit a license application to the Kansspelautoriteit this year.

888 online from the second half of 2022

In its trading update, 888 also pays attention to the Netherlands. 888 was relatively quick in removing iDEAL as a payment method. This prevented 888 from being fined by the Dutch Gambling Authority.

Recently, 888 took over competitor William Hill. William Hill previously acquired Mr. Green. Both William Hill and Mr. Green were fined by the Dutch Gambling Authority.

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Whether one has to do with the other is unclear, but 888 itself expects to go online in the Netherlands in the second half of 2022. Until then, 888 expects a negative impact of $10 million on the 2022 result.

Evolution

The damage at Evolution is smaller. Evolution is active in many countries and therefore less dependent on the Netherlands. The owner of Red Tiger, NetEnt, and Big Time Gaming, among others, indicates in its quarterly report that the negative impact is less than 1%.

Evolution writes in its quarterly report that it offers live casino games through some of the ten legal providers. In the live casinos of TOTO Casino, Bingoal, Batavia Casino, and BetCity, you can play at Evolution's gaming tables.

What Evolution does not mention is that it also does business with various operators that operate illegally in the Netherlands. Evolution expects to do business with more legal operators in the Netherlands in the course of 2022.

You can also learn a lot about the game industry indirectly. With this content, Online casinos in India: reliable games and profitable leisure you can not only get into the world of gaming but even learn how to play.