Key points:
- Holland’s regulator KSA has extended Novomatic’s gaming vendor licence by 10 years
- The supplier will now continue to roll out its land-based products in the nation for at least another decade
The Dutch regulator Kansspelautoriteit (KSA) has announced the decade-long extension of Novomatic’s gaming vendor licence – allowing the supplier to provide gaming machines to slot casino locations for an additional 10 years.
Indeed, the cancellation of unspecified previously applicable special conditions that may have prohibited this extension have allowed for a new licence-based agreement to be reached between the pair. As such, the supplier’s legal compliance department, in close collaboration with the wider legal team, have managed to obtain this long-term licence to continue the distribution of slot machines and related land-based products in the Netherlands.
This latest update comes following additional recent news from Novomatic’s Dutch operations, with the supplier appointing a new Netherlands CEO in Dr Alexander Legat in September 2024. Further, additional related recent developments from the wider European market saw Tipico acquire Novomatic’s Admiral Group in Austria in January, with the operator taking over a 100% stake in Atlas Group Gmbh.
Good to know: Novomatic also became the third company to enter the UAE market this month, following in the footsteps of Wynn and Aristocrat by receiving an official gaming vendor licence
For the KSA, this news falls in the wake of the issuing of a weekly penalty payment order being issued to operator Starscream earlier this week, as the regulator ordered the online casino to cease all unregulated operations in the Dutch market.
Elsewhere, the regulator also reported a total gambling revenue of €1.47bn for 2024.
