BetStars secures Czech licence

The Stars Group online sportsbook subsidiary BetStars has secured a Czech online gambling licence, becoming the first international online gambling firm to enter that market.

BetStars follows sister company PokerStars into the Czech Republic following the online poker company’s acquisition of licensing earlier this year (see previous reports).

Both companies appear undeterred by the stringent regulatory regime in the Czech Republic, or the punitive 35 percent tax rate on GGR which has discouraged many operators from setting up operations.

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