{"id":7984,"date":"2024-12-27T10:23:09","date_gmt":"2024-12-27T10:23:09","guid":{"rendered":"https:\/\/sbceurasia.com\/en\/?p=7984"},"modified":"2024-12-27T10:23:14","modified_gmt":"2024-12-27T10:23:14","slug":"dutch-gambling-authority-confirms-livescore-bet-exit","status":"publish","type":"post","link":"https:\/\/sbceurasia.com\/en\/2024\/12\/27\/dutch-gambling-authority-confirms-livescore-bet-exit\/","title":{"rendered":"Dutch Gambling Authority Confirms LiveScore Bet Exit"},"content":{"rendered":"\n

Kansspelautoriteit (KSA), the Dutch Gaming Authority,<\/strong> has confirmed that the online gambling licence of LiveScore Malta Limited<\/strong>, operating as LiveScore Bet<\/strong>, in the Netherlands has been revoked upon request.<\/p>\n\n\n\n

In a statement on its website, the KSA said LiveScore Bet had filed a request to revoke its online gambling license and that this request was granted as of 23 December 2024.<\/p>\n\n\n\n

\u201cThis means that from now on LiveScore no longer has a license to offer online games of chance on the Dutch market,\u201d said the Dutch Gaming Authority.<\/p>\n\n\n\n

LiveScore Group announced the withdrawal of LiveScore Bet operations from the Netherlands market back in November. The exit was due to the Dutch Government\u2019s planned gambling tax increase.<\/p>\n\n\n\n

Sam Sadi<\/strong>, CEO of LiveScore Group, said at the time: \u201cOn behalf of all LiveScore Malta directors, it is with regret that we have made the difficult decision to exit LiveScore Bet from the Netherlands. Unfortunately, the planned tax increase means that this market is no longer viable commercially.<\/p>\n\n\n\n

\u201cSince our launch in 2021, we have built a brilliant community of engaged customers, and we will greatly miss our relationship with them. We would like to thank our players, people and partners during our time in operation.\u201d <\/p>\n\n\n\n

Back in September, the Dutch government\u2019s Ministry of Finance stated that it would initially increase the gambling tax in the Netherlands from 30.5% to 34.2% in 2025<\/strong>, before increasing again to the final figure of 37.8% in 2026.<\/strong><\/p>\n\n\n\n

LiveScore Bet\u2019s exit from the Netherlands is part of a wider group restructuring process which was announced by the operator\u2019s parent company in November.<\/p>\n\n\n\n

LiveScore Group declared that it will undergo an internal restructuring process which is expected to impact over 100 existing roles across multiple business locations, including London.<\/p>\n\n\n\n

The parent company of LiveScore, LiveScore Bet and Virgin Bet<\/strong> described the restructuring as a \u201cdifficult yet important step\u201d and that the changes will \u201ccreate improved structures and a pathway to long-term sustainable growth\u201d.<\/p>\n\n\n\n

Don’t forget to subscribe to our Telegram channel<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"

Kansspelautoriteit (KSA), the Dutch Gaming Authority, has confirmed that the online gambling licence of LiveScore Malta Limited, operating as LiveScore Bet, in the Netherlands has been revoked upon request. In a statement on its website, the KSA said LiveScore Bet had filed a request to revoke its online gambling license and that this request was […]<\/p>\n","protected":false},"author":7,"featured_media":7985,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[4,7,1,564],"tags":[7605,1861,1868,8418,10985,4844,8419],"class_list":["post-7984","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-betting","category-igaming","category-news","category-slider","tag-dutch-gaming-authority","tag-kansspelautoriteit","tag-ksa","tag-livescore-bet","tag-livescore-malta-limited","tag-sam-sadi","tag-virgin-bet"],"yoast_head":"\nDutch Gambling Authority Confirms LiveScore Bet Exit - SBC EURASIA EN<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sbceurasia.com\/en\/2024\/12\/27\/dutch-gambling-authority-confirms-livescore-bet-exit\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dutch Gambling Authority Confirms LiveScore Bet Exit - SBC EURASIA EN\" \/>\n<meta property=\"og:description\" content=\"Kansspelautoriteit (KSA), the Dutch Gaming Authority, has confirmed that the online gambling licence of LiveScore Malta Limited, operating as LiveScore Bet, in the Netherlands has been revoked upon request. 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