Top Interesting Facts About Online Casinos in Czechia
Gambling is a popular hobby in Canada, Australia and all over the world. Czechia is another country where this hobby is really popular. The Czech Republic also has a strong community that enjoys online gaming.
Czech Republic became indecent in 1993. In 1990 the only approved activities that were regulated by the government were lotteries. The law was modernized in 2012 and allowed online casinos to operate. Operators had to have a land-based institution on the territory of the Czech Republic.
It's legal to maintain an online casino and to gamble online in institutions that belong to foreign operators. Even illegal sites are not banned here. Players can find safe online casinos Czechia by visiting platforms that review those operators and can get access to more diverse gaming libraries.
Czech players can't access bonuses and promotions offered by foreign operators. This is because of the law that states that foreign casinos cannot offer them. Some countries ban illegal offshore operators, but in Czech Republic it's a big deal.
The revenue from online gambling in the country increased by more than 100 million euros from 2010 to 2017. In 2019, the revenue of both land-based and online casinos will be 1.36 billion euros.
Online gambling operators in Czechia pay 35% tax on their income. More than a third of their profits go to the government. Many operators left the industry because of the high tax.
Almost 44% of people over 15 gambled in the Czech Republic in 2019. The pandemic led to a huge increase in traffic on gambling websites.
Some of the welcome offers and bonuses are lacking in some of Czech online casinos. Always remember to gamble responsibly and to only maintain accounts with safe operators.