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Gambling in Czechia – Note on the 3 years of activity at Prague Gaming Summit 3

Zoltan Tundik

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Industry media has reported that the land-based gambling industry in Czechia is soaring and just recently the Finance Minister, Alena Schillerová, has declared victory in the battle to restrict, monitor – and collect taxes from – casinos and gaming machine bars. Over the past seven years, she told reporters, the number of casinos has dropped by three-quarters and the number of gaming machines by nearly half, to under 39,000 at last count.

In an interview with Radio.cz, Schillerová told reporters: “I’m definitely very satisfied with how things are going. The Czech Republic has ceased to be a casino in the heart of Europe. Since January 2012, the number of casinos is down from 7,600 to roughly 1,800 – one quarter as many.

Despite the extensive crackdown, the korunas keep rolling in for the government. Total gambling spend in 2017 and 2018 was up 14% to CZK224bn ($9.9bn; £7.6bn), while revenues were up a more modest 1.1% at CZK39.8bn ($1.77bn; £1.35bn).

Minister Schillerová said this is proof that the Gambling Law of 2017 is working. And while most brick-and-mortar casinos were re-licensed, they are now operating under tougher restrictions which aim to fight addiction – and tax evasion.

Casinos are obliged to register players, for example, take breaks in the action, and help gamblers exercise self-control.

The Ministry of Finance is readying an IT system that will include a list of people banned from gambling. These including people on welfare, facing distraint or in bankruptcy proceedings.

Online gambling was the big winner when talking about tax incomes, unsurprisingly after the mass closure of land-based opportunities to gamble. Online gambling now accounts for more than 20% of the total sector in the Czech Republic.

During the third edition of Prague Gaming Summit, leading experts of the industry from Czechia will present their view upon the developments of the gambling industry during the past 3 years.

The panel will be moderated by Jaka Repanšek (Media and Gaming Expert) and the leading experts of the gambling industry who are joining the panel discussion are: Jan Rehola (Lawyer, PS Legal), Tal Zamstein (Group Head of Gaming, Fortuna Group), Jakub Kolomicenko (Head of legal department, Endorphina) and Vojtech Chloupek (Partner at Bird & Bird).

You can Register here or View the Agenda

 

About Jaka Repanšek

Jaka has worked for various TIME (Telecom, Internet, Media, Entertainment) companies since 1996. He is recognized as one of the leading experts on gaming, media and digital law in Slovenia. Jaka graduated from the Faculty of Law at the University of Ljubljana, Slovenia and gained his graduate degree from Cambridge University in England and Faculty of Law in Ljubljana (Diploma in European Community Law) and completed two-year MBA graduate studies at the University of Kansas in the USA. Jaka is an active member of IMGL (Slovenia) and a member of several other domestic and international organizations and is active also as a lecturer in various seminars and conferences.

Jaka will also take part in the IMGL MasterClass which will focus on Advertisement banning trends in the European Union and the Balkans.

You can Register here or View the Agenda

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Tom Horn Gaming announced as Silver Sponsor at MARE BALTICUM Gaming Summit 2

Zoltan Tundik

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The second edition of MARE BALTICUM Gaming Summit – The Baltic and Scandinavian Gaming Summit and Awards will take place in Vilnius this year on the 9th of May at the prestigious Radisson Blu Royal Astorija Hotel.

The MARE BALTICUM Gaming platform has been launched in 2018 and is committed to bringing together industry shareholders and government officials from the Baltic and Scandinavian region on a yearly base. The inaugural event was held in Riga and has recorded a huge success for the growth of the industry in the region. You can read the post-event result on the following page.

You can find more details about the Agenda here or you can register here!

We are honored to announce that in 2019, we will have the support of Tom Horn Gaming as Silver Sponsor.

MARE BALTICUM Gaming Summit 2019 is a highly professional and detailed conference, with a fantastic line-up of expert speakers who will fill in participants about the requirements and development in the Baltic and Scandinavian markets.

As always all delegates will not only be fed the latest information but will be well looked after and entertained at the accompanying social events.

A very good industry focused event I can only recommend!” stated Sara Urbanovicova, Chief Commercial Officer at Tom Horn Gaming.

You can find more details about the Agenda here or you can register here!

Browse the official event website here: www.marebalticumgaming.com

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Conferences in Europe

7 facts why you should not miss #PragueGamingSummit3

Zoltan Tundik

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We are slowly gearing up to the host the most important Prague Gaming Summit and here are 7 facts that we would like to share with you that make the 2019 edition a not to be missed event!

  1. Largest speakers lineup up to date
  2. New formats
  3. New topics
  4. Entertainment session
  5. Excellent networking opportunities
  6. Attendance of Malta’s gambling regulator
  7. IMGL MasterClass

1. Largest speakers lineup up to date

Prague Gaming Summit 3 will host over 40 expert speakers which will share their knowledge about essential topics for operators and service providers. You can view the full speaker lineup here.

2. New formats

Starting with the 2019 edition, we have added keynote presentations and have created more dynamic panel discussion that will enable all participants to take part actively in the conversation.

3. New topics

New topics such as Virtual Sports, eSport, Relationships between Regulators, Operators and Affiliate, iGaming and Financial Industries, Daily Fantasy Sport, Online Slots Games, the use of AI and several other discussions which you can find in full detail by browsing the agenda.

4. Entertainment session

Exclusive for European Gaming Media and for the first time ever on a stage in Prague!! – Tal Ron will perform live 3 of his newest songs for Prague Gaming Summit attendees and iGamingRadio. Hear Tal Ron singing and performing live to our audience his original music: “Four on the Floor”, “It’s Only Natural (Alone in the Dark with You)” and a surprise hit.

5. Excellent networking opportunities

We are proud to announce that the Networking Sessions that we organize during the events are considered to be among the top quality networking breaks in the industry. We will continue bringing these opportunities and have also adjusted the Evening Social Gathering accordingly. Starting in 2019, the Evening Social Gatherings will start at 20:30 in order to give the opportunity for all delegates that have early flights to attend the session.

6. Attendance of Malta’s gambling regulator

We are honored to have for the first time in Prague, the Maltese gaming regulator who will join the starting panel at the event and give key feedback to the market. Mr. Heathcliff Farrugia is considered by many gaming industry experts as one of the most forward-looking and influential regulators in the gambling sector in Europe and abroad.

7. IMGL MasterClass

To top the incredible speaker lineup, topics, and special guests, we are honored to have the partnership with the International Masters of Gaming Law (IMGL) and feature a special IMGL MasterClass that focuses on Advertisement banning trends in the European Union and the Balkans.

You can Register here or View the Agenda

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Conferences in Europe

Vasilije Lekovic will explain the idea behind Trustly’s “Pay N Play” initiative at Prague Gaming Summit 3

Zoltan Tundik

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The online gaming industry is changing quickly, whether we’re looking from the perspective of consumers or game providers. The latest innovation in the online gambling industry world is the Pay N Play casino sites, which allow gaming enthusiasts to play without having to register an account.

The solution is also known as the pay-per-play facility and disrupts the way players open accounts, enabling them to start enjoying their favorite games right away, simply by making a deposit via their online bank.

The innovation was introduced by Trustly back in 2015, however, it has recently been further developed with new technology. The new technology is further innovating the user experience and enable operators to offer another seamless, secure and efficient way to distribute their services.

Vasilije Lekovic (Director of Gaming Accounts at Trustly) will join the opening panel at Prague Gaming Summit 2019 and will share the knowledge behind Pay N Play.

Vasilije is a payments expert with significant experience in business development, B2B sales and account management in fin-tech (payments), online gaming and gambling industries, as well as extensive language skills (fluent in English, Greek, Russian and Serbian).

Do not miss this opportunity to attend the leading conference in the region which offers the option for both new companies and veterans, to learn about industry insights and compliance updates, while also take part in several industry related discussions with the leading groups that are at the forefront of the gambling industry in the Czech Republic, Slovakia, Poland, Austria, Switzerland, and Germany.

You can Register here or View the Agenda

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