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Entain's update on licensing in the Netherlands

30 September 2021

(PRESS RELEASE) -- Entain plc, the global sports-betting, gaming and interactive entertainment group, is today updating on the pathway to obtaining a license in the Netherlands.

Since July 2019 Entain has been operating in compliance with the Netherlands Gambling Authority ‘cooling off’ criteria. In accordance with the NGA’s policy changes announced last week Entain will cease its offering for players in the Netherlands on 1 October 2021. This will impact EBITDA by around £5 million per month. Entain will submit its Dutch license application later this year and the Group aims to be granted a license during the first half of 2022, in line with the Group’s objective of only operating in domestically regulated markets.

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Entain's update on licensing in the Netherlands is republished from Online.CasinoCity.com.