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GGPoker Acquire Licence in Czech Republic

Author: Pokeradmin

Publish: 2023-01-30 16:10:23

GGPoker Acquire Licence in Czech Republic

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GGPoker has become the third international online poker network to expand its offering to the Czech Republic. It continues to grow its expansion into white-market countries. With this latest licence, you’ll see GGPoker.CZ on the Minister of Finance’s whitelist of licensed and legal domain.

GGPoker Network Expansion

During the last few years, GGPoker expanded at an impressive rate. In just two years, GGPoker has secured licences to operate in several countries. These include Germany, Belgium, Ukraine, Netherlands, Romania, and Ontario in Canada. In 2020, GGPoker also partnered with Olybet and TotoGaming, which gives it access to the Estonia, Latvia, and Armenia markets.
With GGPoker’s aggressive expansion into white-market jurisdictions in the European Union, it’s no surprise they expanded their network into Czechia.

Poker Networks in the Czech Republic

The Czech Republic isn't an easy market for poker networks; the conditions and regulations surrounding such networks are restricted. Czechia has a high tax rate for casinos and poker sites, as it can go up to 35% for slots, and 23% for poker, making it difficult for operators to run their business.
Further, this market has strict responsible gambling regulations. Heavy restrictions are also imposed on game types that platforms can offer.
Perhaps, thanks to these regulations, there aren’t many local poker networks in the country and even fewer international ones. GGPoker is now one of only  seven Czech-licensed poker networks.

Partnered with King’s Casino

King’s Casino owns three Czech land-based casinos. These establishments are the King’s Casinos in Rozvadov, the Hilton Hotel in Prague and the Admiral Casino in Rozvadov. King’s Casino is celebrating its 20th year in the market. It’s also the home of the World Series of Poker (WSOP) Europe tournaments.
It’s this which allowed the two parties to form a connection. GGPoker previously struck a deal with WSOP in 2020. This deal brought them into contact with King’s Casino. It was only natural after this that the two collaborate and start a new relationship.
The regulation permits international shared liquidity. As such, the dot-CZ domain can share its online poker liquidity with the brand’s global market. This fact is something which GGPoker takes advantage of to offer their players a vast range of tournaments.

Other Czech Online Poker Networks

GGPoker’s partnership with King’s Casino allowed it to become the third international poker network licensed in Czechia and the seventh overall licensed network. PokerStars was the first global Czech poker network after the regulations changed in 2017. In 2017, it acquired a licence via its subsidiary TSG Interactive and went live on its dot-CZ domain.
In 2019, partypoker partnered with King’s Casino and became available in the country via its partypoker.CZ domain. GGPoker.CZ is the third international network, but the Czech Republic has four local poker networks.

Join the Network Today

GGPoker seems to be going full-steam ahead with its expansion in the European Union white-market countries. While the brand didn’t mention expanding into crucial markets like Denmark, Sweden, Switzerland, Bulgaria, or Greece, it might be in the company’s future.

For now, you can join the GGPoker network in many other jurisdictions and take advantage of exceptional promotions by Rakerace.com.


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