Chance of Change in Czech Gambling Laws

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Posted: November 10, 2009

Updated: October 4, 2017

A very important vote was held last week in regards to the gambling industry in the Czech Republic. The intent of the legislation

A very important vote was held last week in regards to the gambling industry in the Czech Republic. The intent of the legislation would be to curb the freedom that is at this point enjoyed by the Czech gamblers.

The reasoning behind such legislation is a little different from the reasons harbored by other countries which are voting on similar laws and regulations. Everywhere else in the world is dead set on getting gambling laws passed and regulating all forms of gambling in order to raise revenue for the state. The idea behind the movement in the Czech Republic is to cut back on the corruption that the state is bleeding out.

The legislation has run into a road block. The lower house took a vote on lottery law and in the end, though parlimentary representatives seemed enthusiastic, it was not passed. There are two major reasons behind this: on behalf of the public there is a severe lack of interest and, if they were to be interested, they would not want their freedoms to be reduced and curbed.

Needless to say, many of the government workers profit greatly due to the way the laws work now, and are quite intent on leaving them the way they are. For the time being, it seems as though Czech gambling laws will remain as they are.

The Czech Republic is one of the most gambling countries in Europe. Research indicates that, on land, the country hosts one gaming machine for every two hundred people. Land-based sportsbooks are very popular in the Czech Republic and it is this branch of gambling that wants to jump-start internet gambling in the Czech Republic.

Most online gambling sites in the Czech Republic hail from abroad, but when the industry comes to a peak, it seems as though online casinos will be extensions of the Czech land-based casinos. The government realized that it was losing money to offshore gambling sites and, therefore, looks to optimize the opportunities provided by online gambling.

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