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Czech social democrat parties ANO and Christian Democrats have agreed changes to a proposed rise in betting industry tax from 25 percent to 23 percent, Reuters reports.
The lower increase in betting tax, which currently stands at 20 percent , will significantly benefit market leaders such as Fortuna Entertainment Group.
"We agreed in the coalition council that this amendment should be filed," Roman Sklenak, Social Democrat caucus chief said.
According to Hospodarske Noviny business paper, Fortuna Entertainment could save around 30 million Czech crowns ($1.26 million) due to the lower-than-planned tax in 2016.
But not positive news for slot machine manufacturers who will be subjected to 28 percent tax, 3 percent more than the proposed increase. Operators will also be subjected to a 110 crown per machine per day fee.
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Local Florida Poker Pros Scam Marc Klang For $500k -
Previous scumbag rightfully wins over $500,000 gambling against a conglomerate of local poker pros. After using every excuse possible, said group decides they are not paying out any money. After some time they pay out $43k of 500k. Winner warns community of the groups actions to prevent similar future scams.
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This 3-row, 5-reel slot features Multipliers, Wilds, Free Spins and four Progressive Jackpot levels offering increasing wins to heighten player engagement.
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Juventus name VWin as Partner -
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Luckia Group 2016 Results -
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Fire Rooster Slot Launches -
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n2-Live Updates -
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Betfred FY 2016 -
Betfred has seemingly reversed its fortunes with a strong 2016 delivering a GBP 28,438,000 operating profit as opposed to the GBP 77,312,000 loss in fiscal year 2015.
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