The Isle of Man Gambling Supervision Commission has signed a letter of intent with the Netherlands Gaming Authority (Kansspelautoriteit) to form a working relationship once the Dutch Gaming and Betting Act is approved.
Although online gambling has not yet been legalised in the Netherlands, many expect the country’s government to pass proposed legislation later this year.
If the legislation does pass, the Isle of Man body will enter into a Memorandum of Understanding with its counterpart in the Netherlands and begin cooperation and information sharing in regards to online gaming activities.
The partnership comes after the Alderney Gambling Control Commission also agreed a similar link-up with the Kansspelautoriteit..
In a statement, the Isle of Man Gambling Supervision Commission said the new partnership confirms its commitment to “international cooperation” and serves as a “strong endorsement” of its own operations from a major European country.
“The agreement has the principles of protection of consumers and preservation of public order at its centre and the common objective of improving regulatory standards in respect of these principles through exchange of knowledge, provision of assistance and establishment of a good working relationship,” the Isle of Man body said.
“The agreement underlines the Isle of Man’s ongoing commitment to international cooperation and is a strong endorsement from another European country of the excellent reputation that the island has earned over more than a decade of safely regulating gambling activity online.”
source : www.igamingbusiness.com