BetStars has become the first international online sports betting brand to enter the Czech Republic’s newly regulated market, the sister brand of online poker room PokerStars launched in 2015, has become the first licensed operator of betting services to enter the local market since its regulation at the beginning of the year, January 1.
It is important to note that in February, PokerStars became the first international operator to be granted a license by local regulatory bodies and to be allowed to target local poker players. (READ SO: GAMBLING IN EUROPE: REFORMED THE CZECH REPUBLIC’S GAMING ACT)
The licensed gambling companies in Czech Republic are required to pay a 35% tax on annual revenue from local operation.
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