KSA or Kansspelautoriteit is the Dutch Gaming Authority. The Dutch Gaming Authority has confirmed that LiveScore Malta Limited, operating as LiveScore Bet in the Netherlands, requested the revocation of its online gambling license. The request was granted.
The KSA stated on its website that LiveScore Bet filed a request to revoke its online gambling license. The request was granted on December 23 of this year.
Dutch Gaming Authority said that this means that from now on LiveScore no longer has a license to offer online games of chance on the Dutch market.
LiveScore Group announced the withdrawal of LiveScore Bet operations from the Netherlands market in November. Dutch Government’s planned gambling tax increase was the reason of the exit.
LiveScore Group’s CEO, Sam Sadi, said at the time that, on behalf of all LiveScore Malta directors, they regretted the decision. They made the difficult choice to exit LiveScore Bet from the Netherlands. Unfortunately, the planned tax increase means that this market is no longer viable community.
He added that since their launch in 2021, they have built a brilliant community of engaged customers. They will greatly miss their relationship with them. They would like to thank their players, people and partners during their time in operation.
The Ministry of Finance of the Dutch government stated back in September that it would initially increase the gambling tax in the Netherlands from 30.5% to 34.2% in the following year. This is before increasing again to the final figure of 37.8% in 2026.
LiveScore Bet’s exit from the Netherlands is part of a broader restructuring process announced by its parent company in November.
LiveScore Bet is exiting the Netherlands as part of a broader restructuring process announced by its parent company in November. It includes London.
LiveScore Bet, the parent company of LiveScore and Virgin Bet, described the restructuring as a difficult but important step. They stated that the changes would create improved structures and a pathway for long-term sustainable growth.
