Reports EMEA - CZECH REPUBLIC l1
The Czech Republic is the second richest Eastern European country after Slovenia. The GDP per capita (PPP) of Czech people is is similar to that of Portuguese or Greek people.
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Prague's GDP per capita (PPP) is twice the Czech national average, and higher than any EU member states' national average except Luxembourg. Prague has the 12th highest GDP per capita (PPP) of the 269 NUTS-2 Region (province level) in the European Union, and the highest outside the UK, the Benelux, France, Germany, Austria and Sweden.
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The country is renowned for its numerous spa towns, especially along the border with Saxony (Germany). The most famous ones are those of Karlovy Vary (Karlsbad), Františkovy Lázně (Franzensbad) and Teplice (Teplitz).
Since 2012 each municipality has had the right to regulate gambling or prohibit gambling in their own territories. Te Prague City Assembly has issued an official list of the 101 officially designated ‘casinos’ which are allowed to carry on business as usual whilst 111 small gaming clubs were closed in January 2016 or will be closed within the next couple of years as licences are not renewed.
difficult issue for the operators. A gaming ban is like an avalanche spreading all over the country. Larger cities went through a big reduction of street gaming in the last couple of years such as Brno with a complete ban, Prague a big reduction and Ostrava with significant reductions from next year.”
In 2015 an amendment was made to the 10/2103 decree which looked at the operation of gaming halls and specifically the paragraph for operations in the capital Prague.
Basically, as from January 2016 when the changes came into effect, the city of Prague will ban half of its 212 gaming clubs from the capital after being asked to reduce the number of VLT halls.
Other cities are also affected with removal of P58 NEWSWIRE / INTERACTIVE /
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VLTs and operations will only be permitted to operate certain hours rather than 24/7 as previously so some gaming places must close from 3am until 10am.
Since 2012 each municipality has had the right to regulate gambling or prohibit gambling in their own territories. For example Brno which is the second largest city after Prague, has operated with zero tolerance to technical games and casinos, although the local municipality now is discussing whether to permit casinos (without technical games) in the Brno City area.
Meanwhile the Prague City Assembly has issued an official list of the 101 officially designated ‘casinos’ which are allowed to carry on business as usual whilst 111 small gaming clubs were closed in January 2016 or will be closed within the next couple of years as licences are not
renewed. Tere is a complete ban on Prague 4 district.
Te council had linked the smaller clubs to sociological and pathological problems in the city and said the plan was to clean up the city of such “dirty venues”.
Te Association of Gaming Operators said the closures will cost the treasury around CzK300m per year in lost taxes and would merely open the door to black market operations.
In Prague Zone 1, 3, 8 and 9, 11, 13, 14, 15, 17, 18, 21 - the clubs can operate without time limits whilst in Prague 10 and Zlicin they will only be permitted to be open between 10am and 10pm.
Similar clean up schemes will be adopted in Brno, Ceske Budejovice, Zlin city centre and
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