Czech Republic gambling industry hopes that the government will proceed with regulatory adjustments to banking and customer verification requirements that will allow for a smoother market entry. A measure approved by the ‘5th Directive on AML’ will see the Czech Republic adopt ‘remote customer verification’ measures assigned by individual banks. Commonly referred to as
After a long and thorough preparation period to meet the high standards set by UK gambling regulations, SYNOT Games received the supplier license from the UK Gambling Commission (UKGC). We are happy to announce that the UK regulatory body gave us the green light shortly before Christmas, so we are ready to start supplying our most […]
Apollo Global Management Inc., one of the world’s leading investors in gaming and largest alternative investment managers, has entered into a deal to invest €500m (£448.1m/$591.8m) in Sazka Group and KKCG. The investment will be effected through an investment into SAZKA Entertainment AG, a newly- established 100% wholly-owned subsidiary of KKCG, which upon closing of […]
Europe’s largest poker room, the King’s Casino in Rozvadov, announced it intends to close its doors to all Italian players “to prevent the spread of the coronavirus (COVID-19) infection.” As stated in a post published on the poker room’s official Facebook account on Monday, the unprecedented decision comes on the heels of the first coronavirus
According to praguemonitor, as fast as next year all slot machines could be banned in the City of Prague. The law which went into force in 2015 has already eradicated “Hernas” from the city. Prague 7 went further adding that only casinos with table games available are allowed to operate, no slot machines are allowed […]
The last playroom ended in Prague 7. In October, the last gambling site at Milady Horákové street was closed. Prague 7 thus achieved zero tolerance to gambling, which the city district enforced due to the City of Prague’s decree in 2015. “It’s great news. In 2015, we set a zero-tolerance against gambling and gaming machines […]
Czech investment groups KKCG and EMMA Capital have agreed to split joint assets among each party. According to the the deal, KKCG, owned by investor Karel Komarek, will receive 100% of SAZKA Group, the biggest shareholder in Greek betting firm OPAP, and the shares it holds in its Czech lottery unit, as well as OPAP, […]
The Czech Republic is pushing back against local media claims of the government’s inability to punish online gambling operators that serve local punters without a local license.
The new law regulating gambling in the Czech Republic imposed a number of restrictions since January this year. However, they can not be enforced. Regulations are celebrated by quizzes that do not contain element of randomness. From January, to enter the gambling salon, the player must register at the entrance, show his identity card and […]
The leading boutique style gaming conference in Prague is gathering new and old faces of the industry in order to highlight the trending topics for the attending delegates.