Czechs Like To Play At Online Casinos

Published: Friday, November 11, 2005 Online-Casinos.com

CZECHS LIKE TO PLAY AT ONLINE CASINOS

Gambling up across the board

The Prague Post published some interesting Czech online casino gambling numbers as part of an interview with the CEO of an entertainment company this week.

Last year Czechs spent 84.6 billion Kč ($3.4 billion) gambling for an 8.5 percent increase over a year earlier, Katerina Danhelovna, general director of Synot Holding, a corporation that includes some of the nation's major gaming providers revealed.

The Czech Republic ranks fourth in Europe in terms of the volume of personal expenditure on gambling, and Danhelovna expects less traditional forms of gambling like the Internet to open up in the years ahead despite current restrictions.

Referring to competition from external organisations using the Internet, she opines that although their operations are illegal in the country, continual investment in marketing means that their share of the market has the potential to increase.

"We are of the view that a change in the (Internet gambling) law should end illegal practices, including advertising for these services, or on the other hand liberalise the market and allow Czech betting offices to offer Internet betting. In the case of market liberalisation for Czech companies, we will be ready to offer betting services over the Internet to our clients," says Danhelovna.