Wednesday, November 6, 2024

Holland Casino and Unions Unite Against Gambling Tax Hike


Holland Casino, the Netherlands’ state-owned gambling operator, has joined forces with some of the country’s most influential labor unions to fight against an impending gambling tax increase. They warn that the government’s measure will severely impact the company’s bottom line and potentially leave thousands of people unemployed. 

The Tax Increase Could Hurt the Regulated Sector

With the gambling tax set to rise incrementally from 30.5% to 34.2% in January 2025, reaching 37.8% by 2026, Holland Casino, joined by unions FNV and De Unie, has launched a campaign urging the Dutch government to reconsider the tax hike. The measure aims to bolster the country’s tax income, but experts warn of severe unintended consequences.

The Dutch gambling sector already faces significant pressures from stringent advertising and sponsorship bans. Holland Casino has repeatedly warned that tightening regulations could drive customers to unregulated black-market platforms instead. The company also warns that such rising pressures may result in “aggressive campaigns” for market share to maintain revenues, which they want to avoid.

We’re already in a challenging environment, and this tax hike could make it harder for us to maintain a competitive edge against illegal operators.

Holland Casino statement

In September, unions FNV and De Unie held discussions with policymakers to address these concerns, urging for alternatives to the planned steep tax hike. They argued that while the phased approach to the tax increase provides some breathing room, the concession falls short of what is required to safeguard the workforce and the viability of Holland Casino’s operations.

Unions Fear That Financial Pressures Will Result in Job Losses

The unions’ primary concerns focus on job security and working conditions. They were apprehensive about the tax raise, noting that increased financial pressures could force Holland Casino to resort to mass layoffs or reduce worker benefits to balance its bottom line. The unions stated that worker wellbeing was their primary priority, justifying their decision to support Holland Casino.

Our members are deeply anxious about what the tax hike will mean for their futures.

FNV statement

Adding to the uncertainty, Holland Casino recently announced the scheduled closure of its Zandvoort branch in February 2025 due to long-term unprofitability. The company was adamant that nearly all staff would be relocated to other branches – less than 90 minutes away by car – aligning with Holland Casino’s social plan. The closure is unrelated to the tax increase but underlines Holland Casino’s financial difficulties.

As the planned tax increases loom ever closer, Holland Casino and its union allies are intensifying efforts to sway policymakers, emphasizing the risk of losing jobs and reducing long-term state income. Dutch policymakers have shown little willingness to back down,  leaving stakeholders fighting an uphill battle.



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