PartyPoker withdraws from Czech Republic

Online poker operator PartyPoker has announced that it has withdrawn its application for a gaming licence in the Czech Republic following concern with changes in local iGaming laws.

PartyPoker withdraws from Czech Republic

PartyPoker temporarily suspended its Czech operations in February to allow for a new licence application to be submitted, allowing it to operate in the country’s newly-regulated market. However, the company has now withdrawn the application, and gave the following justification to its customers according to local poker site Poker-Arena: “Our goal is to always offer our customers a reliable and safe gaming experience and ensure that we offer our gaming products only if we are sure that everything is in full compliance with the law.

“As already mentioned, we asked about the release of a few licenses that allow you to use our services in the Czech Republic.

“However, the processing of these requests has revealed that the recent changes in the laws in force in the Czech Republic, along with their application in practice by the Czech authorities are incompatible with the principles of the European Union, and should not therefore be used. “

The newly regulated Czech iGaming market has been the subject of heavy criticism following a review which revealed that local authorities were failing to adequately punish unlicensed igaming operators who were found to be breaching regulations.

Licensed Igaming operators are required to pay a 35% tax on their gross gaming revenue in the Czech Republic, which some believe diminishes its attractiveness to foreign igaming operators.

PartyPoker have said that they may look to reapply for a licence once all compliance issues have been addressed and that they intend to meet with Czech authorities to discuss the matter further in the near future.

Topics
OnlinePokerLegal & Regulatory
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Robert Simmons
Gambling Writer

Robert Simmons served as a writer for Gambling Insider, where he was an active contributor from 2017 until 2018. Throughout his tenure, Robert executed in-depth market research and wrote over 500 news and press-release articles covering the global gambling industry under strict editorial standards and tight deadlines. He contributed editorial support to the production of five 100+ page Gambling Insider magazines, eight 25+ page Trafficology magazines, and five 25+ page special print focus editions. In addition, he produced 30 in-depth feature articles for print, secured over 30 contributions from external writers, and built long-standing professional relationships with industry stakeholders across all levels of the gambling sector.

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