Tag: Czech

Czech online gambling set to soar despite restrictive new law

Betting Business, Czech Republic, online gaming, regulation
Czech President Milos Zeman has signed into law new regulation for the country‚Äôs online gambling sector which is expected to raise CZK2bn (E74m) in revenue a year.   The new law, set to come into force on January 1 2017, will see a 23 percent tax imposed on gross gaming revenue for online sports betting and lotteries, with casinos paying a...

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