Under §8 of Act No. 30/2019 Coll. on Gambling Games, betting games are gambling games where winning depends on guessing the outcome of a sports betting event or a non-sports betting event or a related circumstance. A sport betting event is a sports event, even a virtual one, including horse racing, even if it is not open to public, on which bets are accepted. A non-sports betting event is a social, political or other event of public interest, if it does not contradict good morals, on which bets are accepted; the description of the non-sports event is included in the game plan. A betting event must have at least two different outcomes over which the betting game operator has no influence. Bets can be accepted not only before the start of the betting event, but also during the betting event. Betting games are mainly odds bets, horse racing bets and totalisator.
Odds bets are betting games where the amount of the winnings depends on the winning ration and the amount of the bet; winning ratio means the rate at which the bet was accepted. If self-service betting terminals are used in the operation of odds bets, such devices must have controls designed for one player only. On self-service betting terminals, a player may only play odds bets.
Horse racing bets are betting games in which the winnings depend on guessing the order in performance tests of horses of racing breeds and the amount of winnings depends on the ratio of the number of winners to the total amount of bets and a predetermined share of winnings and on the winning ration and the amount of the bet.
Totalisator is a betting game where the amount of winnings depends on the ratio of the number of winners to the total amount of bets and a predetermined share of winnings. The total amount intended for winnings is distributed in several orders; all winnings of the same rank must be of the same amount.
The special conditions for the operation of betting games are defined in the provision of §24 and the special requirements for the application for the issuance of an individual license for the operation of odds bets in a gambling room, in establishments and in an internet gambling room are laid down in §63. The capital requirements are subsequently governed by the provision of §54(1)(c) and (h), under which the share capital of the holder of an individual license in the case of betting games must be at least EUR 335,000.00 and by the provision of §69(1)(d) and (e), which determines the minimum amount of financial security for the operation of gambling games, which are horse racing bets or totalisator, at EUR 33,200.00 and in the case of odds bets operated in a gambling room at EUR 750,000.00.
For the purposes of doing business in this area, the entrepreneur is obliged to obtain the relevant license under the Act no. 30/2019 Coll. on Gambling games.
In the course of the initiated procedure for the granting of a license before the Gambling Regulatory Authority, we act as the applicant's legal representative. Since the scope of legal services within the stage from the start of the procedure for the granting of a license before the Gambling Regulatory Authority until the granting of the permit itself depends on the specifics of the applicant's business plan and his collaboration, we provide legal services within this part at an hourly rate above the scope of the fixed fee for legal services until the submission of the application for the granting of a license or the initiation of the procedure for the granting of a license before the Gambling Regulatory Authority.