William Hill exits from Czech Republic

30 Dec 2016

Czech RepublicBig changes are happening the last days in Czech Republic due to the implementation of a new high-tax Gambling Act. The first to exit the market is the bookmaker William Hill and they suggested to their players and the affiliates to withdraw any positive balance they have. With a statement they published just yesterday, they mentioned: "We would like to inform you, that following recent regulatory developments in Czech Republic, William Hill will cease to accept business from customers in this territory. This means that none of William Hill’s products will be available in Czech Republic. Though players will be able to withdraw from their existing account balances."

According to the new Act that is going to pass to Czech Republic, even bookmakers form other European countries should be granted a local license. Moreover, operators must disclose full ownership details and make a security deposit of up to 1.9 million euros, while applications will not be accepted from companies that have debts, or any history regarding criminal activity, bankruptcy or liquidation. But those are just a part of the demands that should fulfilled according to the new Act, there are several more obstacles a bookmaker should overcome.

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Established in 1934, William Hill is one of the true betting pioneers. The football, horse, and greyhound zones are packed, with hundreds of betting options and races available every day. There are so many website languages, and customer support is accessible 24/7. It keeps adding betting features, like Bet Builder and Request a Bet, and you can win up to £2,000,000 in football's top leagues. If you asked me 7 years ago, I would have told you that William Hill is the thε world’s best sportsbook. However, today is a different story. Even though the winning limits are incredibly high, you will see your account restricted very fast if you are a successful bettor. Besides, the overall payout is below par, even for football betting. Finally, if you are not looking to bet on horse racing, you will not be dazzled by what is available. Overall, William Hill offers a solid product for UK sports, but I would like to see the sportsbook improve the international offering as well.

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