The first half of 2024 has proved to be a challenging period for the operator, as De Unie (The Union) and another union have taken a stand against a proposed increase in the gambling tax. The unions have approached The Hague regarding the potential tax hike to 37.8%, arguing that it would place Holland Casino in a difficult position.

Holland Casino recently disclosed its financial results for the first half of the year, revealing a loss of €3.5m ($3.9m). This is a stark contrast to the €17.2m profit generated in the same period last year. The operator attributed this significant change to rising costs and a 1% increase in the gambling tax.

CEO of Holland Casino, Petra de Ruiter, voiced her concerns about the impact of the gambling tax increase on the casino’s operations. She mentioned that measures may have to be taken, including “significantly reducing the prize money.” De Ruiter also criticized the tax hike, calling it unacceptable and irresponsible in the context of government gambling policies. She highlighted that planned investments in prevention policies would also be at risk due to the tax increase.

The unions have stressed the importance of Holland Casino’s original mission, which was established to combat gambling addiction. They warned that if the casino’s financial position is compromised, the objective of addressing gambling addiction would be in jeopardy. The unions are advocating for policymakers to consider the broader societal implications of imposing higher taxes on gambling establishments.