CZECH GOVERNMENT FAILING TO COLLECT ONLINE GAMBLING FINES

Calvin Ayre on 11th October reported that the Czech Republic is pushing back against local media claims of the government’s inability to punish online gambling operators that serve local punters without a local licence.  Local media is said to have reported that of 24 fines totalling $20.4 million since the launch of the regulated market only $10,750 has been collected.  The article says the paltry sum collected is due to the lack of any real tools to compel companies with no physical presence in the country to cough up.

https://calvinayre.com/2018/10/11/business/czech-problems-collecting-online-gambling-fines/

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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