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WAAG: Czech Republic: Overview Online Casino Sites

The Baltic States are some of the newest countries to enter the online casino gambling industry because only in the past few years have citizens of many Eastern European countries had easy access to high-speed internet and broadband connections. Unfortunately for many countries, although the online casinos would be well-received, broadband internet connection is a definite pre-requisite before the gambling industry will even think about entering the market. Czech Republic falls into the category of newly EU accepted member-states that are still working to up their standards and offer what are givens in the Western World, namely internet, where the internet casinos are concerned.

The Czech Republic does not have modern policies relating to the online casino gambling industry in the country and just this year, in March 2009, the Finance Minister announced plans to make some significant changes to the country’s internet gambling policies. Most importantly, it seems as though the Czech government is receptive to new regulations that would license the internet gambling industry and provide very wide-ranging and liberal gambling policies. The Finance Minister noted that the country plans to license any and all online casinos operating in the Czech market and that the new regulations will include preventative and controlling measures so that underage gamblers do not have access to the industry.

At this point, internet lotteries are available within the market, if not the online casinos. Sazka is one of the only companies really servicing the small Czech market. There is a strong anticipation that the recent expansion of broadband internet in the country, coupled with new regulations, is all that Czech Republic needs to grow a lucrative internet gambling industry.