And They’re Off! – Dutch Renewing Racecourse Betting Licence

Holland’s gambling regulator, the Kansspelautoriteit (KSA), has announced that the licence to run monopoly pari-mutuel betting at the country’s four national racecourses is up for renewal.

The current licence, held by French firm ZEturf, expires on 30 June next year.

Covering the four national racetracks at Drafcentrum Alkmaar, Drafbaan Groningen, Renbaan Duindigt and Victoria Park Wolvega, the new totalizer contract will run for five years.

Bidders must pay a non-refundable fee of €32,000 (£27,000/US$37,250) to apply.

The Application process opens at the start, and closes at the end, of next month, November, with the licence winner to be announced in February next year.

According to the KSA, they will be judged on a raft of legal requirements, including: “supervision and location, continuity, business management, reliability, integrity policy and demonstrable experience with offline sports betting.”

Bidders, who meet the conditions, will undergo a two-phase vetting process – unless there is only one applicant in the first phase who clearly meets the requirements.

“If only one party meets the conditions from the first phase no draw is required and no second phase will take place,” explained the KSA. “We will then grant the licence to [that] party.”

Published on:
Editorial Tags: