GVC pulls out from Czech Republic
The company reaffirmed its support of the Czech government’s objectives of stabilizing the online gambling market in the Czech Republic but stated that GVC customers in the republic would now be limited to withdrawing their funds from the company’s platforms.
At present, Czech gambling authorities place a 23% tax on sports betting revenues and a 35% tax on casino slots play. However, over the last year many international operators have called this tax level unfairly punitive, saying that such a regime is unworkable and directly breaches EU standards.
Additionally, individuals wishing to gamble online must sign up at designated public administration centres, legislation which international companies believe unfairly favours local betting operators like Fortuna or Sazka.
Amaya brand PokerStars is the only international casino gaming operator to successfully launch in the Czech regulated market, having obtained its licence in February.
BGaming launches new high-volatily Clash of Gods: Anubis vs Hades slot with duel feature
CT Interactive introduces classic-style slot 5 Chilli Fruits with 5000x max win
HIPTHER appoints Elena Stepanyatova to lead event content and production across conference portfolio
Zitro Digital appoints Thiago Valadão as Commercial Director for Brazil
HIPTHER appoints Elena Stepanyatova to lead event content and production across conference portfolio
William Hill owner Evoke to close 270 shops as losses widen on tax hit
MGM Resorts posts record first-quarter revenue as profit slips on weaker margins
Racing and Sports partners with Altenar to enhance global racing offering
IDX selected to power 250 gaming tables with X-Trend system at the Westside Resort
Mexico's iGaming market breaks its four-year uptrend
PokerStars adds Prague and Aix-en-Provence, France to 2026 live schedule
