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Czech Gambling Advertising Ban
4/23/10 - According to The Prague Post, international online gambling operators with an eye on the Czech market could soon find themselves facing local advertising obstacles.
The government is apparently considering a legislative amendment that bans unlicensed foreign online betting companies from advertising in the Czech Republic, in a move that is perceived as an attempt to ease competitive pressures on local, and licensed, operators.
Online betting is an industry worth 29 billion Kč a year in the Czech Republic, the newspaper reports, with foreign online gambling companies - many of which are based in tax havens like Gibraltar and Malta - accounting for 4 billion Kč last year, according to the Association of Betting Service Providers.
Czech tax laws require gambling companies operating in the country to make charitable contributions of up to 20 percent of revenues on top of normal taxes, giving companies operating with European licenses, but catering to Czech clients, a distinct advantage.
"These foreign online betting companies have no license from the Finance Ministry, and they pay no taxes in the Czech Republic, so we therefore support banning advertisement of foreign companies here," said Radek Le˛atka, a spokesman for the Finance Ministry.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgaming’s customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sunday’s 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at –115.
Fair Play Bets and QuickFire in Deal -
Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.
Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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