Legislation would come into effect in 2016
Czech Republic to consider overseas i-gaming operators
(Czech Republic).- Czech Finance Ministry plans to allow foreign-owned i-gaming companies to operate in the country under a new gambling law.
2014-10-13
Reading time 17 seg
(Czech Republic).- Czech Finance Ministry plans to allow foreign-owned i-gaming companies to operate in the country under a new gambling law.
The USD 6bn Czech market is dominated by five domestic bookmakers, with only operators with a land-based retail presence permitted to offer online gaming services.
The proposal would legalise foreign online betting companies that register their operations, also allowing them to be regulated and taxed.
If approved, the legislation would come into effect in 2016.
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