Czechia, or the Czech Republic, is among the countries where gambling activities have been rising in popularity over the past few years. Naturally, there is a lot of controversy when a country decides to change its approach to gambling activities, but the Czech Republic has indeed managed to create a well-regulated and developed gambling market. The spot-on and careful expansion of the industry are exactly why it continues to thrive.
Players’ preferences have changed dramatically over the past few years, and while previously land-based operations were the biggest growth-drivers, there is a current trend in the development of online gambling. Figures show that sports betting and slots are the verticals that enjoy the greatest deal of attention from players. Online betting and gambling are heavily on the rise, and most experts expect that the market’s expansion will continue precisely thanks to their contribution.
Best Czech Republic Casinos
Today, the online gambling market is overflowing with betting platforms, and for this reason, it is only natural that operators try very hard to be head and shoulders above their rivals. To make sure that the preferred casino does not offer sub par services, players should pay close attention to several crucial aspects of the overall experience the operator offers, including reliability, customer care, payments, mobile play, bonus incentives, customer protection, and game variety, to name a few.
These are some of the best Czech Republic casinos gambling aficionados will find if they choose to switch to playing over the Internet.
Best Czech Republic Casino Bonuses
Several years ago, the government of the Czech Republic announced their intentions to restrict the access of players to free bets and other online bonuses, but this only applies to domestic betting platforms. Czech people can play at dozens of online casinos that go out of their way to stay ahead of the curve and always come up with bonus incentives that are sure to hold the attention of newcomers and loyal users. Say nothing of the fact that most web-based casinos allow Czech people to make their payments in their local currency, which is to say that they will not be required to pay currency conversion fees.
Since players’ tastes and needs vary a lot, casino operators strive to create special offers that can please gambling enthusiasts who are in two minds whether to register for an account. The approach of casino operators to welcome offers varies wildly, and while some online casinos introduce exclusive free chips, others focus on deposit-related new-players bonuses.
As for the latter type of casino bonuses, they are triggered when players create their accounts and load them with cash. Typically, the amount they will add to their balance matters, and if players eye juicier bonuses, they will need to go for a higher deposit amount. What goodies players will receive upon registration is also casino-specific, and while some online casinos only offer bonus funds, others spice up welcome deals by adding free spins to them.
Players from the Czech Republic who are on the hunt for bonuses might be pleased to know that they do not need to limit their choice exclusively to sign-up deals as for the most part, casino operators also prepare special deals for returning users. Reload bonuses are among the bonus types that might come players’ way, and such special incentives are unlocked when casino enthusiasts make subsequent deposits to their gaming accounts.
Loyalty and Refer-A-Friend Bonuses
If they choose to continue their betting session with the preferred online casino, gambling enthusiasts might also be treated with cashback deals, extra free spins, loyalty bonuses, or referral bonuses. As the name suggests, loyalty bonuses are designed to show the operators’ appreciation towards the users who keep on returning to the web-based casino. These additional perks might come in all shapes and sizes, and players might benefit from exclusive bonuses, gifts, invitations for special events, increased cashout speed, and others.
Casino Regulation in Czech Republic
Formerly, the state-owned lotteries, scratchcards, and totalizator were the only forms of gambling that were allowed in the Czech Republic. The gambling market in the country changed dramatically when the Act No. 186/2016 Coll. was introduced as it lifted the ban on offline casino gambling in the country.
Introduction of the Gambling Act
Act No. 186/2016 Coll., on Gambling is the prime piece of legislation that regulates the gambling market in the Czech Republic. The Act regulates and recognizes a limited number of types of gambling, including lotteries, odds betting, totalizator games, bingo, live games, raffles, technical games, and small-size tournaments. Any other game considered gambling should also fall into one of these categories as otherwise, it is prohibited.
Even though the Gambling Act provides exhaustive definitions of all legal forms of gambling in the Czech Republic, there are still questions about skill competitions, free prize draws, spread betting, pool betting, and fantasy leagues.
Except for small-size tournaments and raffles that can only be operated in an offline form, all other forms of gambling can be offered in a land-based and online form. In view of this, the relevant products in the country include social gaming, social betting, and all other relevant products.
The gambling market of the Czech Republic is open to all operators that fulfill the requirements stated in the Act. When it comes to the accessibility of these products over the Internet, operators first need to acquire a basic seal of approval from the Ministry of Finance. As far as gambling in land-based form is concerned, in addition to the basic license, the operator needs to acquire a gambling premises location license that is granted by the local municipalities. In order for casino operators to acquire a license to operate in the Czech Republic, the company should have its registered office in the country or in another EU member state.
As far as offshore betting platforms go, one of the main reasons why the Gambling Act was introduced was to provide the Ministry with the needed means to stave off such operators from providing their services to Czech citizens. Thus, the Ministry was given the power to add all operators that accommodate players from the country without the needed license to a blacklist. When this happens, internet connection and payment providers are required to block the access and transactions to such websites. Up to this date, there are almost 400 web pages on the blacklist.
Considering that the Ministry has increased its activity in this respect, it makes sense that a considerable number of the online casinos that welcome players from the Czech Republic choose to withdraw from the market or first apply for a license and then to continue operating there. When online casinos are concerned, operators are prohibited from providing players with any devices like tablets or smartphones, thus making it possible for them to play games of chance.
As we said, the legislation in the Czech Republic makes a distinction between online and offline gambling, and the biggest difference between the ways in which such activities can be offered are the seals of approval operators need to obtain. Still, in its core, the Gambling Act is designed to treat both forms of gambling equally because the differences between the two are insignificant. As far as land-based casinos are concerned, up to this date, no quota has been introduced. Normally, brick-and-mortar venues fall in two categories, casinos and gambling rooms or parlors.
The authorities that regulate gambling activities in their land-based and digital forms include the Ministry of Finance, the General Directorate of Customers, as well as the relevant local municipalities.
Who regulates online casinos in the Czech Republic
All gambling activities, no matter whether they are done online or offline, are overseen by the Ministry of Finance. Some aspects are controlled by the relevant local municipalities, as well as the Czech Customs Administration.
Do I need to pay taxes on my winnings
Yes. Gambling enthusiasts in the Czech Republic are required to pay taxes on the winnings they collect. Under the provisions of the Gambling Act, winning from raffles and lotteries are subject to 15% income tax as long as they exceed CZK 100,000,000. When winnings from other forms of gambling are concerned, they are also subject to 15% income tax but only if the difference between the wagers or bets made and the generated winnings is greater than CZK 100,000,000.
How old do I need to be to play casino games in the Czech Republic
Czech people can legally engage in gambling activities, provided that they are 18 years old or above.
Can I play at online casinos using CZK
Yes. For the most part, the online casinos that cater to Czech players offer the Czech Koruna as a supported currency. That being said, players should check the list of the accepted currencies in advance, as if CZK is not supported, they will be required to pay a currency conversion fee or use another supported currency.
What should I pay attention to when playing online
There are several crucial aspects gambling enthusiasts should pay attention to while looking for a good online casino, and some of these include the operator’s track record, game variety, featured bonuses, accepted payment solutions, payment processing times, the quality of the customer support, as well as whether they can play when they are about and about.