Czech Casino and Card Room Gaming
There are over 50,000 machines in the country, a number that has been rising by 1,000 annually since the late 1990s, according to the Ministry of Finance.
To obtain a casino operating license, a CZK 20 million deposit is required as well as CZK 30 million worth of share capital in a joint stock company. A license allows the operator to open an unlimited number of locations.
A slot machine operator must have a minimum of CZK 2 million in a bank account set up for payment of prizes. The license allows the company to operate any number of machines and the tax rate is based on revenue.
In 2007, new government measures were introduced that allowed only companies with capital of at least CZK 100 million to operate VLTs, and the number per establishment, outside of casinos, was capped at four.
In November 2007, the Prague 1 Council resolved to ban slot machines in the city center. Their decision was overruled by the government, citing the fact that machines were regulated only on the national level.
The new proposed Czech Lottery Act, expected to take effect in 2016, will only allow new gaming halls to be opened in cities with more than 5,000 inhabitants and casinos to be opened in cities with more than 40,000 people.
Czech Casino and Card Room Gaming Properties
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