Gaming Tax in Holland for Online Bingo

Holland is one of the European countries where gambling is controlled by state run gambling companies even though this practice goes against the policies of the European Union.

Holland Casino is the only gaming company that can offer online bingo and other kinds of gambling activities to the public. There is the possibility that the Dutch government will increase the tax on slots which has many people worried.

Many online bingo players play slots as a side game and many players play the slots during the breaks at brick and mortar bingo halls. The possibility of a 40.85% tax is not being looked upon very favorably in the country. Right now if enacted, it would affect the gambling activities offered by the gambling monopoly.

But if the European Union has its way with its policy of opening markets to competition, this new tax would also affect foreign bingo operators if enacted. Even with open markets, the high tax rate would not make the Netherlands very appealing to foreign bingo operators or other gaming operators. There would be other countries where these companies could locate and operate without paying such a high tax rate. The high tax rate may function as a way of keeping out competition.

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