Market Update: Czech Republic on recent developments in the online gambling sector
Written By
Partner Vojtěch Chloupek featured in EEG Report Magazine regarding a Market Update: Czech Republic on recent developments in the online gambling sector after the new Gambling Act was adopted and came into force on 1 January 2017.
The adoption of the new Gambling Act (No. 186/2016 Coll.) was eagerly awaited by most of the gambling operators and perhaps even general public. The previous law (known as Lotteries Act) was rather outdated (being adopted in 1990) and even though there had been multiple attempts to improve it, none of the amendments were able to properly react to the change the Internet had on the gambling industry.