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The state-owned Holland Casino group, which was slated to be sold into private ownership in 2017, will now not be offloaded before 2020, finance minister Menno Snel has told Dutch parliament.

Snel said that “a number of administrative hurdles” still remain before the sale can take place, reports Financieele Dagblad.

The Holland Casino group operates 14 casinos across the Netherlands. It was established in 1974 and, in 2014, the government – under a different administration –  confirmed plans to break up the monopoly and sell off the properties.

As the proposals stand, 10 of the venues will be sold separately with four casinos sold as a single block to one buyer.

In addition, two new casino licences will be offered.