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Czech Republic considering restrictive gamblng regulations Czech Republic considering restrictive gamblng regulations

10-16-2014 , 03:34 AM
Link to article in Polish about gambling bill currently in Czech parliament: http://pl.pokernews.com/newsy/2014/1...wiac-13617.htm

Cliffs in English:

1. Finance minister estimates CZ government losing around CZK 1 billion (USD 50 million) annually on illegal online gambling

2. Gambling operators will be required to determine whether potential customers are receiving welfare benefits, in danger of insolvency, in arrears with maintenance payments or on a list of those with a gambling addiction

3. Those receiving welfare, insolvent, in arrears with maintenance payments, in therapy for gambling addictions or in debt to the state will be banned from gambling

4. Maximum hourly and monthly stop-loss limits will be introduced; the maximum amount of money that can be lost gambling in one hour will be CZK 1000 (USD 50), and in one month CZK 20,000 (USD 1,000)

Czech gamblers spend over USD 6 billion per year on poker and other games. This legislation, if passed in its current form, could be a massive blow to the Czech poker scene.

Last edited by Videopro; 10-16-2014 at 04:36 PM.
Czech Republic considering restrictive gamblng regulations Quote
11-04-2014 , 04:44 PM
If regulated properly the govt.should be making money.Your 6 Billion gambled seems high to me.
Czech Republic considering restrictive gamblng regulations Quote
12-07-2014 , 03:59 PM
The Czech Republic, generally speaking, has been a country moving toward greater individual freedoms. To see them considering something like this is really disappointing.

I visited the country in 2008 and there's still a great deal of "government knows best" sentiment from those that haven't been able to fully embrace capitalism, for whatever reason.

Fingers crossed.
Czech Republic considering restrictive gamblng regulations Quote
12-08-2014 , 06:42 PM
Any news on this ?

I would be very interested to know a more about this : When would the law come into effect if it's passed ?
Any info would be appreciated
Czech Republic considering restrictive gamblng regulations Quote
12-15-2014 , 04:08 AM
The loss per hour and per month stat will really hamper this market. Wonder if this is a net or a gross number, i.e. I lose $20 win $60 them lose $30, am I now maxed out because I've lost $50 or will they consider the net gain of $10.
Czech Republic considering restrictive gamblng regulations Quote
05-14-2015 , 09:08 AM
Chaos in Czech gambling laws leads to cancellation of the CR's best summer poker festival in 2015:

http://pokerfestivalpardubice.com/en/

Awful.
Czech Republic considering restrictive gamblng regulations Quote

      
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