The Czech Republic's Booming Gambling Industry on the RisePublished November 7, 2015 by Sol FH
Record profits and rising revenue bringing top brands to this European country.
The Czech Republic is in amidst of an online gambling boom. Since 2011, the number of land-based slot machines has shrunk from 102,00 in 2011, to around 67,000 today, and much of that decrease is due to online gaming. Combined, land-based and online gambling in the Czech Republic is worth over $4 billion, and when posting numbers like that, the top online brands in the world are making a surge to get in on the action.
Today, there are no regulations stopping residents of the Czech Republic to play online at local iGaming sites or operators abroad. The government is planning to begin make operators get licenses in the country, but until then brands like EU Casino, BETAT Casino and Jackpot City Casino are of the most popular sites therein. These brands are zeroing in on what the average Czech player likes to play, and they are designing games that will appeal to the growing audience.
Online Casinos for Czech Players
There are now over 150 online casinos in the Czech Republic, and many of them offer the Czech Koruna (CZK) as an accepted form of currency. There are even local language settings making casinos more accessible for Czech players. This is optimal for local players as they can even talk to customer service representatives. By offering all of this localization, Czech players will not lose money on exchange rates, as they can use local credit cards, debits and even local eWallet and other online banking services, and they will have an overall better online experience.
Another huge part of the online success is that brands like EU Casino, BETAT Casino and Jackpot City Casino, and the other brands operating in Czech Republic are having is due to their attractive special offers, that promise everything from free spins or a cash match on many deposits.
This is just the beginning for this young market and as time goes on, more and more online casinos will be flocking to the Czech Republic, which will mean more competition and better deals for local players.