Earlier this week Dutch Prime Minister Mark Rutte said non-essential shops and businesses would close for five weeks after November’s lockdown – which also forced Holland Casino to close its doors – failed to reduce Covid-19 cases.
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The operator’s 14 properties across the countries will therefore remain closed until 19 January next year.
It is the third time the pandemic has seen Holland Casino forced to shut its venues in 2020.
The first wave of Covid-19 saw the casinos close their doors from mid-March, and this was originally expected to last until September, until negotiations between the government and the operator saw reopening pushed forward to 1 July.
The casinos were then subject to a midnight curfew from September, as cases began to rise once again, which culminated in a second national lockdown, from 4 to 18 November.
With no legal online gambling – as a result of delays to the planned launch of regulated igaming – Holland Casino has taken a major financial hit from the pandemic.
Turnover for the first half of 2020 was down 58.7% to €146.3m, with net loss for the period coming to €28.3m, compared to a €32.5m profit in the prior year.
Dutch state-owned casino monopoly Holland Casino was expected to have been privatised by 2020, but surprise political opposition in early 2019 forced the process to a halt, with no clear roadmap on when the government will relaunch its share sale plans.
A bill to add new casino licenses and allow for Holland Casino to sold by the government was due to be voted on alongside a historic piece of legislation to allow for online gambling licensing.
Although the online bill passed, with the market due to open in Summer 2021, the government withdrew the privatisation bill before it could be voted on, in expectation of defeat. The bill has yet to be tabled in parliament again.
There are currently a total of 14 casinos in the Netherlands, of which ten were due to be sold in one block and others in 'packages'. Two more licenses were to be created by the legislation.
From January 2018, casinos in the Netherlands are liable for a temporary 30.1 percent tax rate on gross gambling revenue. The rate rose from 29 percent to offset delays to the implementation of the Online Gambling Act.
The levy is expected to fall back to 29 percent six months after the online licensing law comes into effect in January 2021.
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Holland Casino’s revenue has grown steadily since the end of the economic crisis in 2013, totalling €657m in 2018.
Although legislation to sell-off and increase the number of casinos has stalled, Holland Casino has taken steps to rationalise its operations over the past few years.
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In 2017 Holland Casino closed its venue in Schiphol-airport and opened a new casino in Amsterdam, its second in the capita, in June, 2018.
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In August, 2017 Holland Casino lost one property in Groningen due to fire, which was replaced in December, 2018 by a temporary 'premium pop-up casino'.