The legalization of online gambling was very profitable for the treasury last year. Partly thanks to this measure, the income from gambling taxes more than doubled to almost 1 billion euros, Statistics Netherlands (CBS) wrote in a new report on government finances.
Since the autumn of 2021, Netherlands residents have been allowed to gamble on licensed casino websites. According to figures from the Gambling Authority, the market exploded. Over one in 20 Netherlands residents gambled on a legal site last year.
In addition to the increase in legalized online gambling, the end of the coronavirus crisis also resulted in an increase in gambling taxes. Holland Casino establishments could receive guests unhindered. In total, the government earned 900 million euros [$974M] from gambling taxes.
