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Top Interesting Facts About Online Casinos in Czechia

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Whenever someone discusses a topic of gambling we usually immediately think of the US and Las Vegas. However, the majority of gambling activity actually happens online nowadays and it’s a very popular hobby in Canada, Australia, and all over the world in fact. Czechia is another country where this hobby is really popular, and there are some interesting facts about online gambling here.

The Czech Republic also has a strong community that enjoys online gaming. They have a big eSports audience, lots of people who love to bet, and among other things gamble online. So, let’s go over some of the interesting facts related to online casinos and the Czech Republic.

History of Gambling in the Czech Republic

The Czech Republic became indecent back in 1993, and yet its gambling laws were in place even before that happened. In 1990 the only approved activities that were regulated by the government were lotteries. This changed in 2012 when the country decided to modernize its outdated laws.

Their new Gambling Act at that time actually allowed for online casinos to operate and accept their citizens as players. The condition here was that the operators had to have a land-based institution on the territory of the Czech Republic. In 2017, online sites that are based in the Czech Republic were made legal, and they didn’t have to have a land-based establishment. However, you will see that this act isn’t actually too lenient on the operators, especially when it comes to their expenses.

Legal Status of Online Gambling

As mentioned it’s legal to maintain an online casino here and to gamble online. That’s not all though, as users are allowed to gamble in institutions that belong to foreign operators. Even sites that operate illegally are not banned here, but players access them at their own risk. Luckily, they can find safe online casinos Czechia sites or available in Czechia by visiting other platforms that review those operators. This way they can ensure to benefit from different bonuses and promo codes, as well as gain access to more diverse gaming libraries.

Bonuses and Promotions

You might wonder why players from Czechia would even create an account with a foreign operator since it’s in their interest to support the local economy. Well, one of the main appeals of online gambling lies in bonuses and promotions, and that’s where things get tricky. The law here states that any operator licensed in Europe cannot offer bonuses or user incentives to attract new players. So, while some countries ban illegal offshore operators, and nobody considers it a big deal, for players in the Czech Republic it would actually be a big deal. They would lose access to some of the best promotions and cashback offers out there.

Revenue

One of the reasons why this country wants online casino operators to come here is because of the revenue. Casino gaming revenue from 2010 to 2017 increased by more than 100 million euros, and it made massive leaps ever since. In the year 2017, the revenue from online gambling was around 370 million dollars, and it continued to grow by around 16% on an annual basis. In the year 2019, the revenue from both land-based and online gambling was 1.36 billion euros. This is a huge deal which brings us to our next fun fact.

Taxing of Online Gambling Operators

Operators here pay massive tax on their income, 35% to be precise. In other words, more than a third of generated profits go to the government, which makes this industry in a way integral for their economy. Unfortunately, a lot of operators simply couldn’t put up with this tax and had to leave. Luckily, all of the reputable and well-established online gambling parlors are still around, and players can enjoy their content.

Number of Gamblers

In the Czech Republic you have to be over 18 in order to be allowed to gamble but the report from 2019 revealed that there are underaged gamblers in the Czech Republic. Now, this is pretty much the case in any country where gambling is legal, and it’s why this is a controversial topic. Still, almost 44% of people who are older than 15 gambled in the year 2019. This number is likely much higher for the years 2020 and 2021, as the pandemic led to a huge traffic increase on these sites.

Conclusion

These were some of the interesting facts about online casinos and gambling in general in the country of Czechia. Hopefully, you learned something new, and useful. If you ever wondered why the welcome offers and bonuses are lacking in some of the online casinos, it’s probably because they need to comply with the gambling act. Always remember to gamble responsibly, and to only maintain accounts with safe operators. Avoid reckless spending, and play primarily to have fun.

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Pirate Multi Coins – Feature-rich New Title from Fantasma Games

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Slots players are taken on a swashbuckling adventure as they seek to unlock the Golden Chest in latest release from Fantasma Games

Pirate Multi Coins, a 6 reel, 5 position slot, is the latest title to hit the market from the Stockholm-based developer, Fantasma Games.

Golden Multi Coins are the key to unlocking big wins and features, with a random number of Coins appearing on each spin. Coins can hold either a monetary or multiplier value, and landing five on a spin awards all values shown.

In a break from standard slots, Pirate Multi Coins features no set paylines, with wins achieved when eight or more matching pay-symbols appear anywhere on the thirty-position matrix. Each win combines those symbols into another Coin, helping trigger the Multi Coin feature. The remaining spaces are filled by an Avalanche, which is Fantasma’s proprietary take on cascading reels.

Another air of suspense comes in the form of the Golden Chest at the top of the playing area. Any Coins landed during a spin which does not trigger the Multi Coin feature are added to the Golden Chest. The Golden Chest can trigger during any base-game spin where a coin is added to the chest, which rains more coins down upon the reels, guaranteeing a Multi Coin feature.

Finally, there is also a Free Spins feature, where landing four or more Scatter symbols awards fifteen free spins. Retriggers are also available during the feature, with three Scatters awarding five more free spins, and four Scatters awarding an additional fifteen spins!

Pirate Multi Coins comes with RTP options of 86%, 94.35% and 96.08%, sits at the medium range of the volatility scale and has a max win potential of 4999.x. It features a Scatter Boost option as well as a Bonus Buy for jurisdictions where this is applicable.

Fredrik Johansson, Founder and CEO of Fantasma Games, said: “In our first venture into the quintessential Pirate slot theme, Pirate Multi Coins brings a host of great features to all types of players.

“With multiple ways to trigger our various features as well as a medium level of volatility, we hope that it really appeals to every type of slots’ fan looking to find some buried treasure.

“Pirate Multi Coins takes to the high seas in thirty-four languages across our network of amazing operator partners on April 30th.”

 

 

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BetMGM is launched in the Netherlands, bringing an authentic Vegas experience to the Dutch market

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The golden Vegas offerings and entertainment of BetMGM is coming to the Netherlands, following a successful launch in the UK. BetMGM will offer a best-in-class Las Vegas experience to deliver a new golden era of online casino and sports betting in the Netherlands. Leveraging LeoVegas Group’s proprietary technology and platform, the launch marks a significant step in the brand’s international expansion.

BetMGM, the entertainment and sports brand known for its golden offerings and authentic Vegas experience, is launching in the Netherlands. The new brand is set to provide customers with exciting new product features, including large-scale jackpots, loyalty rewards, exclusive slots, as well as unique and compelling sports promotions. Utilising LeoVegas Group’s proprietary technology and platform, this expansion into the Dutch market represents the second European launch, succeeding a well-received rollout in the United Kingdom.

Gary Fritz, President of MGM Resorts International Interactive, said “We are thrilled to launch BetMGM in the Netherlands and build on BetMGM’s successful expansion into global markets. The Dutch market offers an exciting opportunity and will be an important part of our international expansion efforts and strategy to become a global gaming leader.”

Gustaf Hagman, Group CEO at LeoVegas Group, said “Our launch in the UK was tremendously successful, and we eagerly anticipate bringing the golden Vegas experience to the Netherlands. This launch in the Dutch market is an important step in our international expansion, but we have much more in store.

 

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New focus for safer gambling as Clarion confirms launch of Sustainable Gambling Zone

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The Consumer Protection Zone (CPZ), which since its launch at ICE 2018 has developed to become the highest profile feature on the ICE show floor has been re-branded to become the Sustainable Gambling Zone (SGZ).
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The Consumer Protection Zone (CPZ), which since its launch at ICE 2018 has developed to become the highest profile feature on the ICE show floor has been re-branded to become the Sustainable Gambling Zone (SGZ). 

The strategic decision has been taken following extensive stakeholder consultation and is set against the heightened importance placed on proactive customer interventions at earlier stages of the player journey.

The SGZ will be debuted at July’s iGB L!VE prior to its official launch at ICE 2025, the first edition of the industry’s most influential b2b gaming show to be held at its new home in Barcelona

Clarion Gaming’s Director of Industry Insight and Engagement, Ewa Bakun, who has seen the CPZ develop to become the key platform for the industry to advance its understanding and implementation of safer gambling measures and raise standards said: “I must stress that this is much more than just a cosmetic exercise. Instead, the Sustainable Gambling Zone, with its refreshed focus, will engage with the broader stakeholder group of operators who are focused on long-term sustainability, something which goes way beyond simply meeting the regulatory mandate.

“The overarching objective of the Sustainable Gambling Zone is to be at the vanguard of initiatives to help develop healthy play from the outset which includes the incorporation of safer gambling considerations from the very start rather than as a compliance requirement.

“While not yet standard across the whole of the industry, this more holistic approach underpins the safer gambling dynamic. Its goal is to create a more sustainable business in which players continue to enjoy their gambling entertainment experience with the small proportion who are at risk of developing problems pro-actively identified and assisted by operators.”

Clarion Gaming Managing Director, Stuart Hunter added: “The relocation to Barcelona will enable us to expand the ICE and iGB Affiliate offerings but also raise the bar in terms of what we already deliver on behalf of the international industry.

“The intended broader appeal of the Sustainable Gambling Zone dovetails with our relocation and will bring the SGZ closer geographically to continental Europe and closer culturally to the Latin American markets that we serve.

“Barcelona will open a new chapter for ICE/iGB Affiliate and their respective features, not least the Sustainable Gambling Zone.”

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