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The government of the Czech Repubilc is getting closer to legalizing and regulating online gambling within its borders, after the Senate voted 42-0 in favor of legalizing the activity.
With the passage of the bill, online gambling legalization can be transformed into law with the signature of President Miloš Zeman, who has 30 days to sign the bill. Online operators can expect to pay a 19% tax rate for corporate revenues, while sportsbetting and lottery sites will pay 23% on GGR while casino operators will have a rate of 35%.
There will also be a self-exclusion list database available to prevent problem betting, and other safeguards put into place.
If the bill is signed into law, online gaming could commence as early as next year.
Casino Listings will update this story as we learn more.