Czech Republic to Revise Online Gambling LawsPublished May 2, 2013 by OCR Editor
Central European country wishes to satisfy European Union standards for regulations.
The Czech Republic recently issued a statement to clarify that the two Boston bombers are of Chechnyan - and not Czech - origin, after anti-Czech rhetoric hit social media. Thankfully, we have reason to bring you real news from the Czech Republic, and this time it's positive.
Online gambling reforms
The government of the Czech Republic has asked its ministers to come up with new online gambling reforms, it was reported this week, and this time it is looking to satisfy the European Union's standards for member countries.
Last year, the European Commission rejected a Czech proposal, replying that it failed to provide a plan to increase competition, improve technology and ensure safe gambling. The existing legislation is considered outdated, as it restricts offshore operators from providing their services in the Czech Republic.
Given the wave of online gambling reforms across Europe, the Czechs have a lot of examples they can look to. Spain, Italy, Belgium and Denmark are a few of the countries that have completely liberalized their egaming regimes in the past couple of years, while France and Germany have also made headway.
Last year, the Netherlands indicated that it would adopt the "Danish model", rejecting the "Belgian model," which it believed might not be strong enough to meet EU standards. Denmark ended the state monopoly on gaming when it implemented its new regulations in 2012, charging foreign operators a flat 20 percent fee on gross revenue.
for more news on online gambling in the Czech republic, visit Online Casino Reports Czech.