Czech gambling business
The Czech Republic is one of the European countries where most of the modern types of gambling are completely legal. Anyone over the age of 18 can play in both land and online casinos. There are both land gambling establishments and online gambling sites in the territory of the Republic. In total, there are more than a hundred casinos in the Czech Republic. According to statistics, there is one slot machine for every 200 inhabitants. The Czech regions are among the largest centers of gambling tourism in Europe.
Czech gambling legislation
The provisions of the gambling business in the Czech Republic are described in the Law on Gambling, which came into force on 1 January 2017. Online casinos have been added to existing regulations in this regulation. Until January 2017, the country had a law on lotteries and other toys, which was adopted in 1990. The following types of games are currently allowed in the Czech Republic:
Under Czech law, not all citizens can play. Restrictions have for example those individuals who receive benefits or are officially bankrupt. The coordinates of the citizens who have been denied entry to the casino are included in the special register. However, they are not prohibited from purchasing lottery tickets and participating in small tournaments. Persons under the age of 18 are not allowed to gamble.
Regulation and licensing
The Ministry of Finance is the main regulatory body that controls gambling activities. The licensing process involves several stages. First of all, you need a basic license from the Ministry of Finance. Thereafter, land establishments need to obtain a permit from the relevant municipal authority for the targeted use of the premises. The organization Tax Cobra, created in collaboration with the Ministries of Interior and Finance, fights against illegal gambling.
To obtain a license, the company must meet the following requirements:
It takes an average of about 30 days to get a license and review it. The basic license registration fee is 200 euros, and for play areas - 150 euros. Online casino permits are similarly issued under the same conditions, only the fulfillment of the points entered in the building is not required.
Types of games subject to licensing
The following is a list of categories that are subject to mandatory licensing in the Czech Republic:
Live games (any gambling where the outcome does not depend on a random number generator).
Lotteries and lotteries are taxed at 23%, fun in which the winnings depend on a random number generator - 35%.
Online gambling games in the Czech Republic
Following the legalization of online casinos in the Czech Republic in early 2017, a number of strict restrictions came into force. Many large international operators have decided to cease their activities in the territory of the Republic. In particular, William Hill left the Czech Republic. Foreign operators have encountered licensing difficulties in the Czech Republic. As a result, local companies such as Fortuna Entertainment Group, Sazka, Tipsport, Chance and Synot Group are leading the way.
In order to do business in the Czech Republic, the online casino interface must be in the state language. The most popular Czech bookmaker sites are Tipsport.cz and iFortuna.cz (the first gaming resource licensed in the Czech Republic). Sazka.cz is the most popular lottery service. The most popular poker sites in the Czech Republic are: Pokerstars.cz, Pokerstrategy.com and Pokerarena.cz.
Online gambling games in the Czech Republic
Following the legalization of online casinos in the Czech Republic in early 2017, a number of strict restrictions came into force. Many large international operators have decided to cease their activities in the territory of the Republic. In particular, William Hill left the Czech Republic. Foreign operators have encountered licensing difficulties in the Czech Republic. As a result, local companies such as Fortuna Entertainment Group, Sazka, Tipsport, Chance and Synot Group are leading the way.
In order to do business in the Czech Republic, the online casino interface must be in the state language. The most popular Czech bookmaker sites are Tipsport.cz and iFortuna.cz (the first gaming resource licensed in the Czech Republic). Sazka.cz is the most popular lottery service. The most popular poker sites in the Czech Republic are: Pokerstars.cz, Pokerstrategy.com and Pokerarena.cz.
Popular slot machines
As in other European countries, Greentube products are popular in the Czech Republic. Austrian-made slots such as Super Hot, Book of Ra deluxe, Sizzling Hot and other events often appear at the top of the Czech online casino rankings. Another company whose games are popular in the Czech Republic is Playtech. The most popular games in the Czech Republic are:
According to statistics, the most in demand among Czech players are sports betting.
Game developers in the Czech Republic
The most popular and developed company in Czech gambling is Endorphina. This manufacturer has been on the market since 2010. The Czech development team has played more than 40 matches. The company has created such popular slot machines as Twerk, Jetsetter and Fairy tale. The company Endorphina focuses on HTML5 games that are very sensitive.
Prospects for the development of gambling in the Czech Republic
The attitude of the Czech government towards the gambling industry allows them to predict the dynamic development of the gaming industry in the country.
In the short term, there is no likelihood of a ban on gambling entertainment events in the Czech Republic. Because it is a profitable business that significantly complements the state budget. In the long run, an increase in the number of online casinos from local operators is also expected, as the licensing procedure is relatively simple.
The Czech Republic is a country where comfortable and safe conditions are created for game lovers. Restrictions apply only to those categories of citizens for whom it is objectively undesirable to participate in gambling.