An unknown individual has made headlines in the Czech Republic, after the country’s prime betting company, SAZKA, announced that the winner of a Europe-wide lottery’s billion-crown jackpot was Czech. His luck may be seen by some as two-fold, because the win came before the expected arrival of new legislation taxing lottery winners.
Czechs spent a record sum on betting last year, placing bets worth 249.5
billion crowns. That’s a rise of just over 11 percent on the previous
year. Winnings paid out from bets came to over 218 billion crowns, an
increase of 18.4 percent.
According to the Czech Ministry of Finance, the number of casinos and gaming-machine bars has dropped to roughly 1,800 following the introduction of the new legislation and statutes.
A Czech man has won a white Lamborghini given to Pope Francis by the
Italian carmaker last year to support a charity lottery.
Pope Francis signed hood of the Lamborghini Huracán model last year and blessed it before turning the car over for auction.
The lottery raised over 200,000 euros through the sale of the "popemobile" for a charity that helps the Christian community in Iraq, including to rebuild churches destroyed by the so-called Islamic State.
Czech lottery and betting company Sazka saw its profits rise by around one-fifth to over CZK 13 billion in 2018, the website seznam.cz reported on Thursday. The company boosted its turnover mainly due to Eurojackpot; last year, Czechs bet more than two billion crowns in the European lottery, which is a year-on-year increase of 53 percent.
Over 832,000 people have joined the receipt lottery, launched last October
as part of the electronic cash register system, the Czech News Agency
reported on Sunday. According to the data of the Finance Ministry, they
have registered around 193 million receipts so far.
The lottery was launched by the Finance Ministry in order to encourage consumers assistance in fighting tax evasion. Every month, some 350 to 400,000 people take part, but their number has been steadily decreasing since last November. The ministry plans to distribute up to 65 million crowns a year in winnings.
Czech betting company Fortuna saw its profits rise by around 86 percent in
2017 according to preliminary figures released on Thursday.
Profit climbed to around 15.4 billion euros, around 392 million crowns. One of the factors was increased activity on online betting sites. Fortuna also boosted its turnover through the takeover of betting businesses in Romania.
The volume of overall bets rose by 93.1 percent to 2.0 billion euros, around 51 billion crowns.
Betting agencies in the Czech Republic took a record number of bets on the
legislative election at the weekend worth more than 100 million crowns. The
number eclipsed that of bets on the presidential election in 2013, the
Czech News Agency learned.
Ahead of the election, ANO were heavily slated to win while the number of parties to make it into the lower house – nine – was higher than expected. Bettors also tried their luck on the Czech Pirate party and Tomio Okamura’s Freedom and Direct Democracy party, who made it into the lower house for the first time.
The Ministry of Finance is set to launch a receipt lottery in October, the daily Hospodářské noviny reported on Tuesday. 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.
Czechs spent a total of 196.4 billion crowns on betting in 2016, a 29 percent rise in the total spend compared with the previous year. Winnings paid out by betting companies came to 157.1 billion. That left around 40 billion crowns for the betting companies, around 10 billion crowns more than the previous year. Over the year there was an increase by around a third in the volume of bets made over the Internet.