In partnership with King's Resort, partypoker.cz has now officially become the second international online poker company to enter the country, right after PokerStars.
GVC Holdings' brand partypoker has now officially landed in the Czech Republic online poker market via a partnership with regional casino operator King's Resort in Rozvadov.
On November 2018, partypoker managing director Tom Waters announced that the online poker operator has been approved a license by the Czech Finance Ministry. This development has allowed partypoker to become the second international operator and online poker room to obtain Czech online gambling provisions. The first one to secure the licenses was The Stars Group Inc for their brands PokerStars and BetStars which they obtained in 2017 and 2018, respectively.
With King's Resort as partner, partypoker shall abide by strict Czech gambling laws on player verifications, which has to be physically conducted at Post Office areas throughout the country. partypoker says that King's Resort will be able to complete this requirement soon via its Rozvadov premises, allowing players easy access to the partypoker.cz domain.
Czech poker players will now be able to play at partypoker initially on Mac and PC, while its mobile version shall be added in the near future.
Tom Waters said, "We are delighted to be working with King's Resort to offer online poker in the Czech Republic. We have some ambitious and exciting plans for 2019 in partnership with King's and there will be plenty on offer for Czech players at partypoker. We look forward to announcing a host of launch promotions and events, alongside details of our product offering in the coming weeks."
partypoker's Czech market activities shall be monitored closely, with industry analysts checking in on whether the popular online poker brand can rise up and maintain its momentum in a strictly regulated market. In 2017, the Milos Zeman government put in effect a new gambling rule posing a 35% GGR tax on all kinds of casino games, in addition with the Czech Republic's 19% corporate tax rate.
King's Resort owner Leon Tsoukernik said, "It is a great honor to co-operate on such an interesting project with such an important partner on a global level for us. We will be able to offer players great connection between the online and live game to maximize their gaming experience. King's Resort is home to Europe's largest poker room and regularly hosts some of the biggest events in the world working alongside the premier brands in live poker, like the WSOPE, WPT and partypoker LIVE MILLIONS."