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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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CEEGC 2019

CEEGC2019 Speaker Profile (Hungary Briefing): Gábor Helembai (Senior Associate at Bird & Bird Budapest)

Zoltan Tundik

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Leading Hungarian Lawyer to explain the current situation and what is to be expected in the Hungarian gambling industry at CEEGC 2019 Budapest.

As announced earlier, the Hungarian gambling industry briefing will be part of the “Emerging CEE jurisdictions” compliance panel discussion at CEEGC2019 and will be joined by leading experts of the industry.

The briefing about the jurisdiction will be presented by Gábor Helembai, Senior Associate at Bird & Bird Budapest, who will once again share the insights he has on the what is to be expected in the upcoming period in Hungary. The panel discussion is important for operators and service providers who can have a direct impact on the market or harvest from their investments.

The 4th edition of the yearly Central and Eastern European Gaming Conference will take place on the 24th of September at the Ritz-Carlton Budapest, and provides a unique opportunity of learning and networking with the gambling industry in the CEE and Balkans region via the CEEGC platform which is committed to bringing together industry shareholders and government officials from the region on a yearly base.

Register here or View the Agenda!

 

About Gábor Helembai

Gábor is a Senior Associate in the Corporate and Commercial teams in the Budapest office of Bird & Bird. He advises on both domestic and cross-border transactions and investments in various industries. He has a special sector focus on gaming/betting, advising major online and land-based operators, and slot machine manufacturers on regulatory matters.

Gábor has represented clients in negotiating a concession agreement with the Hungarian State, assisted different clients from non-gaming industries in their gaming related matters (e.g. promotional games), and supported clients in transaction matters in the gaming sector.

Browse the official event website for more details: www.ceegc.eu

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CEEGC 2019

Emerging CEE jurisdictions (compliance panel discussion) moderated by Rita McClelland (GamblingCompliance) at CEEGC2019 Budapest

Zoltan Tundik

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Senior Legal and Research Manager at GamblingCompliance to moderate regional panel discussion at CEEGC 2019 Budapest.

Industry media outlets are always reporting how the Hungarian Government is keeping a tight leash around the gambling industry in the country, however, this doesn’t mean that the industry hasn’t shown developments and is still considered as an attractive market for many operators and software providers. While online licenses are still granted to land-based casino concessionaires, but that might change in the near future. You can hear why, by attending CEEGC Budapest and paying attention to the CEE regional briefing.

The case is different in the neighboring Slovakia, where the new gaming law is in full force. Starting in 2019, private domestic companies, as well as companies from the European Union, are able to apply for online gambling licenses. There have plenty of operators jumping in on the opportunity and applying for licenses, however, the outcome and success of the new legislation is still writing mode.

On the other hand, there have been quite a lot of news around another emerging Central and Eastern European jurisdictions, and that is Poland. It has been reported that Poland’s sports betting turnover jumped 55% in 2018 and it is most likely to jump further in 2019 with all the new licenses that have been granted to international operators.

All three market updates (Hungary, Slovakia, and Poland) and much more around investment possibilities for operators and software providers will be discussed during the “Emerging CEE jurisdictions” compliance panel discussion, which will be joined by leading experts from the region at CEEGC Budapest.

The panel discussion will be moderated by Rita McClelland, Senior Legal and Research Manager at GamblingCompliance, who will ask the burning questions the industry has for Ewa Lejman (Head of Polish Desk at WH Partners), Gábor Helembai (Senior Associate at Bird & Bird Budapest) and last but not least, Dr. Robert Skalina (Senior Advisor at WH Partners).

The 4th edition of the yearly Central and Eastern European Gaming Conference will take place on the 24th of September at the Ritz-Carlton Budapest, and provides a unique opportunity of learning and networking with the gambling industry in the CEE and Balkans region via the CEEGC platform which is committed to bringing together industry shareholders and government officials from the region on a yearly base.

Register here or View the Agenda!

 

About Rita McClelland

Rita is managing the team of legal analysts at GamblingCompliance, the leading provider of independent legal, regulatory and business intelligence to the global gambling industry. Rita has extensive experience in following and analyzing legal and policy developments that affect the gambling space. A fluent Hungarian and German speaker, Rita has taken a keen interest in the Central and Eastern European region. Rita obtained her qualification as a Doctor of Laws in Budapest, Hungary.

Browse the official event website for more details: www.ceegc.eu

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CEEGC 2019

Digital Choo (DC) announced as Delegates Bag Sponsor at CEEGC 2019 Budapest

George Miller

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International marketing agency with deep expertise in the gaming category to sponsor the delegate bags at CEEGC 2019 Budapest.

The 4th edition of the yearly Central and Eastern European Gaming Conference will take place on the 24th of September at the Ritz-Carlton Budapest, and we are delighted to announce that the conference is sure to break records as there are already 10 sponsors signed up.

Digital Choo (DC) is one of them and it is interesting to see how the conference is drawing the attention of several service providers that are wanting to support the event.

Oleg Profatylo, Chief Strategy Officer at Digital Choo (DC) stated: “We at Digital Choo believe that the main asset for the industry is people that create new trends and business solutions.

CEEGC aims to bring together like-minded professionals that can make a huge impact on the Gaming vertical by building new connections and sharing their expertise.

Contribution to such an event is an honorable opportunity to support the professional community that we are proud to be a part of.”

Zoltán Tűndik, Co-Founder, Co-Owner and Head of Business at European Gaming Media and Events stated: “We are happy to have another one of the major service providers of the gaming industry join our sponsors’ list and having the opportunity to work with such a focused and professional marketing agency is a plus for us! Make sure to attend this year’s CEEGC Budapest to meet many new and familiar faces!”

 

About Digital Choo (DC)

Digital Choo (DC) is an international marketing agency with deep expertise in the gaming category and extensive experience with a wide range of other categories.

There are analytically sound solutions, cross-regional and multimedia planning, a wide network of own traffic sources, sponsorship opportunities of any complexity, and more than 500 international partners among DC’s main advantages. The agency’s efficiency is proved by many international awards, including but not limited to Betting Awards, Effie Awards, ADC, KIAF, GoldenDrum, and others.

DC’ services are available worldwide.

Visit dc.bet for more details.

 

Make sure you take advantage of this unique opportunity of learning and networking with the gambling industry in the CEE and Balkans region via the CEEGC platform which is committed to bringing together industry shareholders and government officials from the region on a yearly base.

Register here or View the Agenda!

Browse the official event website here: www.ceegc.eu

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