Czech citizens can bet at online licensed casinos in the region. For operators, the Czech Republic isn’t the most popular location to apply for licensing.
For those companies that do apply, the Central European country offers a long, vibrant history. Although the area is a beautiful location, the Czech Republic is expensive, and businesses pay a 19 percent corporate tax.
The gambling tax is 40 percent. Other expenses include employment and office space costs.
The high rate of taxation for online casinos is hard for local casinos. Foreign operators pay a lower tax rate, even though the Czech Republic requires every online casino to have an office location in the country to qualify for licensure. However, online sportsbooks are allowed for foreign operators.
New licensing requirements caused several online casinos to leave the country because of the new regulations and high taxation rates. However, international digital casinos accept Czech players, and leading gambling sites continue to apply for a Czech Republic gambling license.
Any online casino that meets the Czech Republic’s strict requirements for operators may apply for a license.