Reports CZECH REPUBLIC MARKET
Game Over? Czech Republic
A decade ago Czechia had more gaming machines per capita than any other European country. Today tells a different story. The number of casinos has dropped by three quarters, the number of slots has halved and with a recent ban on slots in Prague city,
figures look set to fall even lower. With an increase in taxes and a second
wave of lockdown, the Czech Republic is having a very bleak time.
municipalities have implemented total bans on casinos or gaming halls.
Once upon a time the Czech gambling market was booming. Te Czech Republic was traditionally one of the most successful and buoyant markets in Europe and a cash cow for many in the industry who have enjoyed years of selling or operating gaming machines in the country.
Back in 2011 there were almost 102,000 slots in Czech dropping to around 70,000 in 2014. Today that figure is around 36,800 whilst the number of gaming venues has dropped from over 8,350 (of which 8,000 were games rooms and 350 were casinos) in 2011 to 1,162 at the beginning of this year divided between 580 casinos and 582 gaming halls.
Tis is a drop of almost 30 per cent in venues P34 NEWSWIRE / INTERACTIVE / MARKET DATA
since 2018 and a 70 per cent decline since 2016 when there were over 4,000 venues. Slots in bars and restaurants have also all but disappeared.
So what happened?
In the Czech Republic, although gambling is legalised and regulated at state level, an amendment was added to the Lottery Act in 2012 which granted each individual municipal region the right to impose restrictions or bans on certain activities relating to their own policies.
Czech is made up of 14 regions (kraje) and 6,258 local municipalities. Prague is divided into 57 municipal parts which since 2001 have been grouped into 22 numbered administrative districts. At the moment around 457 Czech
Meanwhile the 2016 Gambling Act introduced tougher restrictions for existing licences in a bid to help the country fight gambling addiction and tax evasion issues. Te idea was to combat gambling problems after several reports painted a damaging picture of the number of problem gamblers.
Te number of Czechs who gamble has been growing. A report showed in the last 12 months up to 50 per cent of adults have played games of chance, particularly lotteries. Te opening of the online environment in 2017 is also partly responsible for the increase.
It is estimated that 1.6 per cent of the population over the age of 15 are at risk of developing problem gambling issues. Tis is around 145,000 people of which 74,000 fall into the high risk category.
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