Presidential nod for Czech i-gaming

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Miloš Zeman, President of the Czech Republic, has signed into law legislation that will see the country launch a regulated online gaming regime, with an anticipated start date of January 1, 2017.

The proposals included a 40 per cent tax rate on gross gaming revenue, which may yet prove prohibitively high for operators seeking to compete with an establish i-gaming grey market.

The tax rate drops to 35 per cent on GGR from casino games that use random number generation and 23 per cent on GGR from sports wagering and lotteries.

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