Online sports betting operator TonyBet announced it has received a license to operate on the regulated online gambling market in the Netherlands. The permit was issued by the Dutch gambling regulator, the Kansspelautoriteit (KSA), and allows the brand to offer games of chance online under KOA, which is the Dutch Remote Gambling Act.
KSA revealed that the domain under which TonyBet will operate is yet to be confirmed. However, the regulator vowed that once the operator confirms the domain, it will be added to the list of online gambling companies that are authorized to offer their services in the country.
KSA created a list of all authorized operators in the country to facilitate the information for online users. By securing a license in the Netherlands, TonyBet becomes the 24th regulated gambling operator in the territory. The permit enables it to offer online casino games, sports betting and horse racing wagering to Dutch bettors.
Under KOA, licensed operators need to double-check the country’s self-exclusion register, called Cruks, which allows individuals to self-exclude from gambling activities and it is mandatory for the licensees to check the register. TonyBet's license will run for a period of five years, from 15 November this year to 14 November 2027.
The recent entry in the Netherlands complements TonyBet’s ongoing growth in the European region. Back in September, the operator announced it launched into the Latvian market. In line with its expansion, the operator unveiled a EUR 1.5 million investment to create tonybet.lv, a new online platform catering to customers in the country.
Last month, the company announced a collaboration with the country’s men’s national handball team, where the operator was designated as the official sponsor of the team. The agreement came ahead of the qualifying matches of EHF Euro 2024.