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 …
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Synot wins title sponsorship of Czech Liga Football
Synot Group, Czech Republic gambling and lottery operator has announced that it will become the title Sponsor for the Czech Liga, the top football division in the country. The deal sees the gambling and lottery operator take the title sponsorship off Gambrinus, as the Czech Liga, rebrands itself as the Synot Czech Liga for the start of the 2014/2015 football …
Read More »Czech Rep set to overhaul gambling laws
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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