LiveScore Bet prepares to pull out of Netherlands igaming market
Sports Game · 2024-11-13
LiveScore Bet prepares to pull out of Netherlands igaming market
LiveScore Group is shuttering gaming operations in the Netherlands as changes to the country’s regulatory framework continues to ratchet up the pressure on licensees, the company announced today (12 November).
Plans to increase the tax rate for Netherlands igaming operators proved to be breaking point for LiveScore Bet. From January next year the 30.5% tax on gross gaming revenue jumps to 34.2% from 1 January 2025, then to 37.8% a year later.
The tax hike was pushed through despite industry associations such as the Netherlands Online Gaming Association warning it would undermine the legal industry.
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