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Czech Gambling Industry Out of Control

According to the daily Mlada fronta Dnes, the Czech gambling industry is out of control. Politicians, laws, officials, all of the checks and balances that have been put in place for the industry have failed to keep it in check. Regulation of gambling and the laws that limit expansion have failed to stop them.

Czechs are easily the biggest gamblers in Europe, something that is not a surprise to this slot machine addicted country. This year they expect sales of their gambling industry to hit 100 billion crowns from their slot machines. Czechs feel that they are richer now than they have been in the past, so much richer in fact that they feel they can spend money on anything they want, including slot machines.

According to a recent study that the Swiss Institute of Comparative law for the European Commission did, the only people who spend more money on gambling than the Czechs are the Portuguese and the Danes. This comes as a slight surprise to the Czechs, as many of them thought that they played the slot machines more than the rest of them.

One of the biggest problems is that there are slot machines everywhere. The country has more than 50,000 slot machines, and more than 100 casinos – and this doesn’t include the lottery. Considering their population size, that really is a lot of slot machines for their small country.

The country is excited that they are getting more slot machines as well, some of the top modern slot machines that Vegas has. They have about 3,000 of these officially registered slot machines in the Czech Republic, and hundreds more of these same slot machines are to be installed.

 

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