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Today the country is beginning to climb back


up the ladder economically and current GDP growth rate is around 1.9 percent (Q4 2015) with a GDP per capita of €10,151 in 2015. Unemployment rate is 17.9 percent. President Kolinda Grabar-Kitarovic, Croatia’s


first woman President, has said she would like Croatia to adopt the Euro currency by 2020. Croatia is divided into 21 counties including


the city of Zagreb, 122 towns, 424 municipalities and 6767 settlements. Under the gambling law (Zakon o Igrama Na


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Srecu) games are divided into four groups – lottery, casino, betting and gambling machines and the law includes the following points:


l Croatian Lottery has the exclusive right to organise lotteries. Tax is 10 percent of the base.


l Players are taxed on winnings at a rate of 10 percent on gains above HRK750-10,000; 15 percent on HRK10,000-30,000; 20 percent on HRK30,000-500,000 and 30 percent at anything over.


In the third century AD, the Roman emperor Diocletian constructed his palace in the city of Split. The Palace of Diocletian is one of the best known integral architectural and cultural constructions in the world. The founder of San Marino, a small independent republic in the northeast of Italy, was the sculptor Marin from the village Lopar from Croatia’s island of Rab Anthony Maglica, the owner of the well-known company


l Casinos are given concessions for 15 years. l Te casino operators must have a share


capital of at least HRK4m plus a bank guarantee to the amount of HRK1.5m. Tey pay an annual gambling levy of HRK500,000 for each casino.


l Casinos must have at least seven table games (or five in passenger ships) and be in an area of at least 400sq.m and 500m at least away from competitors.


l Online casinos can only be incorporated if at


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Mag-Lite, comes from Zlarin island from Dalmatia. Marco Polo (1254-1324), an adventurer, merchant and one of the best known world travelers, was from Korcula on Korcula island in Croatia In 1458 Benko Kotruljevic from Dubrovnik wrote one of the first books on world economic literature, "On Trading and the Perfect Merchant", and was the first to establish the basis of modern double-entry book-keeping


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