Czechs spent over CZK 759 billion on betting in 2022

Czechs spent a total of 759.3 billion crowns on betting in 2022, a 44.2 percent rise compared with the previous year, according to data released by the General Financial Directorate.

Winnings paid out by betting companies amounted to CZK 705.5 billion, around 44.8 percent more than the previous year.

An increasing number of bets are made over the Internet. While in 2019, before the coronavirus pandemic, the volume of online bets amounted to 25.9 percent, last year it was 56.8 percent.