Operators of accommodation facilities affected by the coronavirus pandemic, in which the share of annual revenues from the provision of services to foreigners in the last accounting period reached at least one fifth, will be newly included in the COVID plus guarantee program.
The attractive slots provider Endorphina has already kicked off this new 2021 year off strong with a new partnership with GrandCasino, a notable Belarusian company within the iGaming industry.
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 […]
Yggdrasil, the leading global publisher of online gambling content, has signed an agreement with Fortuna Entertainment Group, one of the leading operators in Central Europe. Fortuna is active in a multitude of European markets and will soon see its player base enjoy Yggdrasil’s roadmap offerings go live in territories such as Slovakia, Romania, and the […]
Prague City Lawmakers have voted for a new decree that would implement a ban on all technical gambling games in the city. The bill would prohibit all mechanical, electromechanical and electronic games in Prague, including slot machines and video lottery terminals, but would allow live gambling to continue. The final decision will be taken by […]
The Municipal Court in Prague upheld the judgment of the District Court for Prague 1 of December 2019, according to which the Czech Republic succeeded in the CZK 7 billion dispute with CASINO KARTÁČ Group. The internet roulette operator demanded compensation from the Ministry of Finance on the grounds that it had lost its profit, […]
Czech gaming revenue grew by 16.0% in 2019. The drivers of this growth are online and land-based slots. Lottery and betting also improved the year-to-year report. Revenew from legal slot machines in the Czech Republic increased by 21%. In 2019, revenue amounted to 18 billion Czech crowns (more than $ 765 million). Online gambling accounted […]
Sazka Group AS addressed to the European Commission to investigate the Czech lottery tax, which, in SAZKA’s opinion, is unfairly favoring other gambling operators. Sazka, owned by Czech billionaire Karel Komarek, in a statement asks the EU government aid unit to vote against a 35% lottery tax introduced in January. According to company representatives, such […]
Czech Finance Minister Alena Schillerová announced on Twitter that: “The government has just approved a long-awaited Tariff package for tobacco, hard alcohol, and gambling taxation by the Ministry of Health and the National Drug Coordinator. It responds to the increase in their availability as a result of rising living standards in the Czech Republic.” The […]
SYNOT has signed another important deal with Aspire Global – The complete iGaming platform for operators. The agreement will see SYNOT Games add their slots to Aspire Global’s numerous list of online casino operators.