Tag Archives: Czech Republic

6 of the Best – GVC’s Martin Lycka

Blonk 6OTB

This week’s 6 of the Best comes from Martin Lycka, GVC’s director of regulatory affairs. Read on to discover two very contrasting entries in the movie category, sporting dilemmas and a very different take for a best bet. Best Holiday Without a doubt, New Zealand 2017 – a bunch of friends travelling halfway across the world and back to a fairy tale like …

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SBTech extends deal to keep Sazka sportsbook in Czech

Sazka

The Czech Republic’s national lottery operator Sazka has confirmed a multi-year extension to its sportsbook partnership with SBTech. The agreement, first signed in 2016, has seen SBTech drive “substantial revenue” gains for Sazka despite significant competition from international operators, particularly since regulation for online and land-based gambling was passed in January 2017. The sportsbook product provided by SBTech, which keeps …

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partypoker makes Czech market return through King’s Resort

Following a two year hiatus, GVC Holdings’ subsidiary partypoker has confirmed that it will re-enter the Czech Republic online gambling marketplace in partnership with local casino operator King’s Resort Rozvadov.  The licence, granted by the Czech Ministry of Finance, sees partypoker become the second international operator to gain an online gambling licence in the country, allowing it to operate its flagship online poker services. Tom Waters, …

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Yggdrasil gains Czech Rep vision ‘boosting’ Tipsport online casino

Yggdrasil - iSENSE

Industry platform and games developer Yggdrasil is set to enter the regulated Czech Republic’s online casino market becoming a content supplier to licensed operator Tipsport. Yggdrasil continues its regulated Eastern European market expansion, becoming a supplier to Tipsport, the Czech Rep’s biggest bookmaker, servicing 1,000 retail points and rapidly growing its online footprint. Updating the market, Yggdrasil will launch its …

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Winning Post – How 2017 shaped up for the gambling industry

Regulus Partners, the strategic consultancy focused on international gambling and related industries, takes a look at how the gambling industry fared this year in its ‘Winning Post’ column. 2017 in review: growing up? Three key themes dominated the changing shape of the online gambling market in 2017: continuing channel shift, the continued march of Point of Consumption regimes, and increased …

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BetStars enters tricky Czech market

Toronto TSX listed, The Stars Group has confirmed that it has launched its new Czech Republic betting property BetStars.cz. Last November, Czech news sources reported that the national regulator had approved Stars Group to extend its online gambling services, allowing the operator to add sports betting provisions to its existing casino and poker services. At the time, Stars Group management …

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NetEnt Games launches in Czechia

NetEnt Games has continued its expansion into globally regulated markets after launching its portfolio of games in Czechia, formally known as the Czech Republic. The digital casino solutions provider has agreed a deal with Tipsport, the leading sports betting company in the country. Enrico Bradamante, Managing Director of NetEnt Malta Ltd, commented: ”We continue to deliver on our strategy to …

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BetStars gains Czech Rep betting approval

Czech news sources have reported that The Stars Group online betting subsidiary BetStars, will become the first international betting operator to service the newly regulated Czech Republic online gambling market. Last week, Czech news sources reported that the Czech Finance Ministry had published details of approved licensed operators for its new online betting regime, with BetStars featuring as the sole …

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Done Deal…Fortuna closes Hattrick acquisition

Following a period of high M&A activity and corporate restructuring, Eastern European gambling group Fortuna Entertainment has confirmed that it has finalised its acquisition of Hattrick Sports Group (deal first announced February 2017). Fortuna governance has announced that its acquisition has passed all regulatory requirements, as the group expands its European market portfolio adding Hattrick assets Casa Pariurilor (Romania) and …

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GVC exits ‘unworkable’ Czech Republic market

FTSE-listed online gambling group GVC Holdings will not pursue operator licensing for the regulated Czech Republic online gambling market. Sending a communication to Czech affiliates and media partners, the operator has stated that following a review of market conditions it has concluded that current gaming laws are ‘incompatible with the principles of the European Union’. The operator had previously withdrawn …

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