Gambling industry is growing

gambling-business

In 2018, the value-added of lottery tickets and games in the gambling industry amounted to around 1.4 billion euros. This is a 9% increase over 2015. The gaming industry grew slightly faster than the economy (7.7%). The gambling companies account for only about 0.2% of the Dutch economy. Employment in the industry has recovered again since 2015. This was reported by the Netherlands Statistics Office (CBS) in response to a media question.

 

High gambling income and high taxes on gambling

Consumption increased by around 12% between 2015 and 2018 due to the growing popularity of gambling, reaching 2.5 billion euros. increases. Consumption consists of wagering minus gain. Lately, more and more money is being spent on lottery and gambling. Between 2015 and 2018, the production value increased by more than 11% and reached more than 2 billion euros. The production value of the gambling industry is synonymous with gaming revenue. This is due to sales, discount prices, and gambling tax. The remaining are actually provided by the casino or slot machine owners.

 

Illegal gambling: 9% of gaming revenue

Online gambling (W88 Link) is legal in the Netherlands. In February of this year, the Senate passed the bill. This law will take effect in 2020. To date, online gambling is banned in the Netherlands.

According to the latest data for 2015, revenues from illegal gambling amounted to 170 million euros. This is 9% of total gambling income from lotteries and games that depend on luck. This year, illegal gambling generated 151 million euros in revenue. The branch on the right is about 7 times larger. Examples of illegal gambling include online casino games, live poker, and online sports betting.

 

Jobs are increasing.

As of the end of 2017, the lottery and gambling industry employed approximately 8.3 million people. Although this is an increase of about 11% compared to 2014, it is still lower than the number of employed at gambling companies in December 2010 (890,000). The employment contribution of lottery and gambling remained stable at around 0.1 between 2010 and 2017.

 

A quarter of the gambling facilities in South Holland

In the same quarter of 2007, 4,444,540 companies remained in the industry. As of January 1, 2019, these companies owned 655 stores. Most (94%) are related to arcades. Nearly a quarter of gaming companies are in South Holland (21%), which had the highest share as of early 2019. North-Holland and North Brabant followed. The least common lottery and gambling companies are Zeeland and Flevoland (more than 2%).