Firms to launch internet betting on Monday

For the first time Czech betting firms on Monday will launch online internet gambling: five of the largest gambling firms in the Czech Republic have been allowed by the Finance Ministry to operate the service. Gamblers who wish to bet on-line will first have to register in person at bricks and mortar betting shops. The service is expected to raise the amount spent on betting in the country, currently at around 12 billion crowns per year (the equivalent of around 622 million US dollars).

Author: Jan Velinger