December 18, 2014
Czech Republic Finance Minister Andrej Babis wants to double taxes on betting operators from 2016. At present operators Czech licensed betting operators pay 20% taxes on their gross win earnings from gambling, plus a 19% corporate tax rate. Babis will look to increase taxes to 30-40% from 2016, as the Czech government looks to overhaul its gambling sector. The finance …
Read More »April 23, 2014
The Czech Republic is gearing up for an overhaul of its current gambling laws, in order to allow the government mandate to prepare for the regulation and legislation of online gambling. At present the Czech Republic has five licensed operators who supply fixed odds betting terminals – Sazka, Synot, Chance, Fortuna and Tipsport. The proposed amendments will allow the licensed …
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