The Kansspelautoriteit (KSA), Netherlands' Gambling Authority, released its 2022 Market Scan, shedding light on evolving gambling trends. With the launch of the KOA online gambling marketplace in October 2021, online gaming gained prominence, contributing to 31% of total gross gaming revenue (GGR) in 2022. Land-based establishments saw a 30% decline, possibly due to the pandemic's lingering effects. Meanwhile, sports betting recorded a 260% GGR increase, primarily driven by online bookmakers. KSA remains committed to player safety, adapting policies to address industry challenges, ensuring responsible gambling practices, and safeguarding Dutch customers as the gambling landscape evolves.
The KSA's report is quite revealing. It's no surprise that online gaming is on the rise, especially after the launch of KOA. The decline in land-based establishments could be tied to the pandemic's effects. The growth in sports betting, driven by online bookmakers, is noteworthy. KSA's focus on player safety is essential as the industry transforms.
The pandemic has really done a lot of damage around the world. Despite the increase in overall sports betting revenue, unfortunately the pandemic has had a major impact on the industry. But, the KSA is working hard to ensure player safety and responsible gambling practices are a priority to protect customers from harm and fraudulent activity as the industry continues to evolve.