
Holland Casino, the Netherlands’ state-owned casino operator, has once again opposed the country’s plans to raise the gambling tax. Dutch lawmakers set out to gradually increase the gambling tax, despite the operator’s numerous warnings.
Holland Casino Is Unhappy with the Rising Tax
For context, the Netherlands decided to incrementally increase its gambling from 30.5% to 34.2% in January 2025. The tax should reach 37.8% by 2026, marking a total increase of over seven percent.
Holland Casino’s latest report cast doubt on the company’s ability to operate sustainably, which was further exacerbated by the Netherlands’ tax plans. The report highlighted significant material uncertainty, necessitating significant changes if the company is to be able to continue operating into 2027.
For context, Holland Casino reported EUR 10.4 million in losses for 2024, highlighting its precarious position. Although the company welcomed more guests than the year before, customers spent less on each visit, resulting in an overall loss for the company.
As if that wasn’t serious enough, Holland Casino’s online branch also saw its revenues decline amid strong competition from the regulated Dutch iGaming market.
Holland Casino Is Considering a Variety of Measures
At the same time, taxes and the overall costs of living and conducting a business have continued to mount up, putting Holland Casino in a difficult position. With higher taxes on the horizon, Holland Casino plans to introduce various changes in the way it conducts business in order to remain operational.
These include an overall workforce reorganization, which has already seen Holland Casino lay off hundreds of workers at its HQ. In addition to that, the company has closed its casino in Zandvoort and could potentially put an end to other less profitable locations.
This would mirror the move of JVH Gaming & Entertainment, the parent company of popular online casino brands Jack’s Casino, Flash Casino, and Flamingo Casino, which opted to close a whopping 23 venues because of the tax hike and regulatory headwinds.
In the meantime, Holland Casino is currently experimenting with lower chances at roulette. It is also eyeing digitalization measures that would lead to further cost savings.
In any case, Holland Casino refused to comment on its exact plans to reduce costs and deal with the upcoming tax hike. However, it insisted that the availability of legal gaming services is paramount to providing customers with ways to play responsibly.
The 2024 Gaming Tax Reached Unprecedented Heights
A month ago, the Netherlands’ Centraal Bureau voor de Statistiek, said that in 2024, legal gaming operators paid an unprecedented total of EUR 1 billion in taxes. Despite reflecting the period before the recent tax increases, these results highlight the strength and continued growth of the Dutch gaming market, primarily driven by the growth of iGaming.
However, unions continued to fear that the current regulatory and tax changes would lead to many job losses.