GVC Holdings has announced that it is suspending its gambling services in the Czech Republic save for allowing players there to withdraw money from their accounts.
The company will not seek licensing in the country.
The company said it supports of the Czech government’s attempt to stabilize its online gambling market, but is still exiting the country. The Czech Republic taxes sports betting revenues at 23 percent slots play at 35 percent.
Amaya brand PokerStars is the only international casino gaming operator to successfully launch in the Czech regulated market. The company received a Czech license in February.
