Czech Republic to allow online gaming for casino operators

Bloomberg – The Czech government is preparing to tighten control over the gaming industry and boost its contribution to tax revenue as billionaire Finance Minister Andrej Babis seeks to keep the budget deficit in check. The ministry is drafting a bill that would raise tax receipts by allowing online gaming for all operators in the Czech Republic, Deputy Finance Minister Ondrej Zavodsky said in an interview. The bill, to be valid as of 2016, would also set separate tax rates for different types of gaming, he said. Babis’s ministry is searching for new sources of budget revenue as it seeks…