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Czech Republic launches new lottery system

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Czech Republic launches new lottery system

The Czech Ministry of Finance is set to launch a receipt lottery this October, according to the local daily Hospodářské noviny. The lottery, which aims to encourage consumer assistance in fighting tax evasion, was originally to be launched in mid-September, but preparations took longer than expected. The lottery is set to distribute up to 65 million crowns a year in winnings.

 

The receipt lottery will be part of the electronic cash register system launched in December 2016 to fight tax evasion and subsequently boost revenues. Under the scheme, the receipts will also act as lottery tickets in a draw.

People can register for free via a mobile application or web pages, but they can only register one receipt a day from each retailer to prevent manipulation with receipts.

Each month, the state will distribute some 21, 025 prizes. The winner will receive a cheque for one million crowns, and the second prize will be a car worth 400, 000 crowns. Other winners will receive prize money ranging between 300,000 and 20,000 crowns.

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The aim of the receipt lottery is to motivate people to insist on getting proper receipts for their purchases. The Ministry of Finance hopes to boost the effectiveness of the electronic cash register system. According to the Minister of Finance, Ivan Pilný, the benefits of the lottery should exceed the operational expenses. The efficiency of the scheme will be assessed a year after its launch, the daily Hospodářské noviny reported.

Similar lotteries have already been launched in several countries around Europe, including Croatia, Slovakia or Slovenia. As in the Czech Republic, the main reason was to motivate customers to demand receipts for their purchases.

In Slovakia, where the receipt lottery was launched in 2013, people registered around seven million receipts a month. In two years` time, however, the figure dropped by about fifty percent.

The Electronic Cash register, designed to provide the state with immediate information about cash transactions at venues, was launched in December. The long-planned system, electronically connects registers with an online tax authority and will be required for a majority of retailers, eventually.

Pubs, restaurants and accommodation providers were the first to start using the system, followed by retailers in March of this year. Other business, including lawyers, doctors or accountants, will need to register in the system in 2018.…

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The post Czech Republic launches new lottery system appeared first on Eastern European Gaming – News – Interviews – Legal Market Updates – Premium Reports – Events – Directory.


Source: EEGaming.

Bradley Khoury

eCOGRA Approved to Operate in Arizona, Indiana and Panama

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eCOGRA, a leading international authority in Testing, Inspection and Certification services for the iGaming industry, has secured new regulatory approvals across three key jurisdictions: Arizona, Indiana and Panama. With these developments, eCOGRA strengthens its position in the U.S. and Latin American markets, offering excellence in compliance through their Quality, Speed, and Service promise.

This strategic expansion allows eCOGRA to conduct independent compliance audits and certification services in each region, addressing the growing demand for rigorous regulatory oversight in the fast-evolving global iGaming industry.

Securing approval in Arizona, where eCOGRA has now been licensed as an Event Wagering Ancillary Supplier, enables the International Testing Laboratory (ITL) to audit event wagering licensees in line with Arizona’s expanding regulatory landscape. Indiana, which introduced online sports betting in September 2019, has authorised eCOGRA to perform regulatory compliance audits, providing licensed operators with crucial assurance in meeting the state’s high standards.

In Panama, the Board of Gaming Control officially recognised eCOGRA as an Authorised Entity for Compliance Certification, specifically for slot machines and gaming software. This endorsement reinforces eCOGRA’s role as a trusted partner for operators seeking to meet stringent regulatory requirements in Latin America’s emerging iGaming sector.

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“Our recent approvals in Indiana, Arizona, and Panama underline our dedication to continually expand our offering, to support our growing portfolio of clients with their global growth plans. We are committed to ensuring that we bring the same quality, speed and service that marks us out to both our clients and regulators in these dynamic markets,” said Will Shuckburgh, Group CEO of eCOGRA.

Bradley Khoury, Chief Technology Officer at eCOGRA, said: “Securing licensure as an Event Wagering Ancillary Supplier in Arizona and an Authorised Entity in Panama underscores our dedication to supporting responsible and sustainable iGaming operations. We are committed to driving trust and accountability within the industry by providing compliance solutions that uphold the highest standards.”

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BetConstruct

BetConstruct to Showcase Latest Innovations at G2E Las Vegas 2024

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BetConstruct, a global leader in the iGaming industry, is going to showcase its cutting-edge solutions at the highly anticipated Global Gaming Expo (G2E), taking place from October 7-10.

As the premier event for the global gaming industry, G2E serves as a hub for innovation, driving growth by bringing together industry professionals from around the world to foster business opportunities.

Taking place at The Venetian Expo in Las Vegas, this all-in-one event features both an education program from October 7-10 and an expansive expo hall running from October 8-10.

BetConstruct’s stand is 5230, where the team will showcase an exciting range of products, including the newly launched the Last Battle, a novel loyalty system that is the byproduct of BetConstruct’s commitment to innovation. The company will also demonstrate its comprehensive Sportsbook and Casino Suite, along with DECA, its next-level decentralised casino platform, and Umbrella, an AI-powered risk management solution. These offerings are designed to meet the needs of a diverse range of operators, ensuring seamless and engaging experiences for players across the regulated market.

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Amusnet

Amusnet Sets the Stage for Global Gaming Excellence at G2E Las Vegas

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Amusnet has announced its participation in the 23rd edition of G2E Las Vegas (Global Gaming Expo) at The Venetian Expo from October 7-10. As one of the largest expos globally, G2E provides a platform for the company to showcase products across its Online Casino, Live Casino, and Land-based verticals, positioning Amusnet as a prominent all-casino provider in the competitive iGaming industry.

“We are excited to attend G2E Las Vegas 2024 to present our latest online casino portfolio and Type S slot cabinets: our first-ever product series for Land-based casinos, designed to offer a competitive edge by combining Amusnet’s top-notch game portfolio with an immersive player experience. Our focus is on delivering solutions that maximize performance and cater to the evolving needs for both online and land-based casinos,” said Borislav Marinov, Head of Business Development, Land-based, at Amusnet.

Alongside its technical excellence, the premium Type S series showcases the company’s award-winning titles, including 20 Golden Coins, Extra Crown, Fruits & Gold, and Cocktail Rush. It also features Amusnet’s popular four-level bonus game, Jackpot Cards, along with other exciting features like Free Spins, Buy Bonus, Pick Me Bonus, and Symbol Upgrade.

Amusnet will host an activation featuring its premium slot cabinets at the upcoming expo, offering attendees the opportunity to experience the thrill of Type S in real time and win exciting gifts.

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