The Dutch market for online betting on sports appears to be more interesting than previously thought. A study by the provider Altenar found that the Dutch market could reach 52 billion euros annually.
In that case, only sports betting was considered. This makes the Netherlands one of the largest markets in the world. Alternate therefore speaks of a unique revenue potential for sports betting, IPL online betting.
Reasons for the market growth
The report of the research shows that the growth has various reasons. Some of the reasons are the great acceptance of iGaming, but also the regulations that give sports betting providers the opportunity to shine. The regulated market makes betting safer and more fun for the player, simply because various safety measures have been imposed on the player and the gaming provider.
The crackdown on illegal gaming providers has made for a better market. The quality is higher and responsible gambling is in the minds of the gaming providers and the gaming authority (Ksa).
Annual growth
It is expected that the total turnover of bookmakers will continue to increase steadily in the coming years. In 2023, the €40 billion mark will be reached, followed by the magical €50 billion mark during 2026. In 2021, the Dutch sports betting market still accounted for a turnover of 36.4 billion euros.
The Netherlands would account for a European market share of 14%. Other countries do a lot less, such as Belgium (8%), Poland (7%), Portugal (7%) and Austria (6%). The fact that the Dutch market has such a large market share makes all game providers and gambling providers want to get involved in the market.
