As per information from Statistics Netherlands or Centraal Bureau voor de Statistiek, CBS, the body in charge of publishing reliable and consistent statistical information that responds to the demands of society, collected revenue from gambling taxes smashed all records in 2024 in the Netherlands. This reaches an unparalleled €1 billion or $1,07 billion.
The rapid expansion of the online gambling sector in recent years directly contributed to this impressive figure. In October 2021, the European country approved online gambling.
Gambling tax revenue recorded an important upward trend in the Netherlands in the last few years, most noticeable by looking at the 2021 numbers when the Dutch government collected €343 million or €369 million.
In 2021, lower revenue partly resulted from the temporary shutdown of land-based casinos during the COVID-19 pandemic.
CBS reports say that in 2024, online gambling brought a contribution of an estimate of €500 million or $538 million to the total tax revenue.
Kansspelautoriteit, KSA or the Netherlands Gambling Authority says online betting currently represents more than one-third of the gambling industry.
The financial impact of online gambling legalization is evident in consumer gambling spending figures.
Analysts determine the respective indicator as the difference between stakes and prize payouts. It has skyrocketed from €2.5 billion or $2.7 billion in 2021 to €4.4 billion or $4.7 billion in 2023.
According to CBS, tax policy adjustments have played a key role in shaping gambling revenue.
The government taxes operators on their earnings, defined as total stakes minus payouts for traditional casinos and domestic online gambling platforms.
Lottery winners are subject to taxation on their winnings in contrary.
The gambling tax stood at 30.5% in 2023. This is a slight increase from 30.1% in 2019. Only winnings exceeding €449 or $483 are subject to taxation in the country.
