A legal loophole has resulted in businesses in Prague running over 6,000 slot machines in the city virtually regulation-free. The deputy mayor is trying to introduce some regulation. The article does not mention what the average payout level of these rampant slots are, but I'm guessing it's low.
A 1990 law on lotteries and other games already exists that enables Prague city council to take measures governing the location and number of hernas. The problem is that so far the city has not taken advantage of this general provision by proposing specific rules. The only clear conditions that currently exist are that slot machines should not be placed near institutions like schools, churches and hospitals.
It's clear that the Prague government let this get way out of hand and has no idea of the right way to go about controlling it. Business idea: become the worldwide expert in helping local governments set up fair gambling regulatory bodies and practices. Link
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A legal loophole has resulted in businesses in Prague running over 6,000 slot machines in the city virtually regulation-free. The deputy mayor is trying to introduce some regulation. The article does not mention what the average payout level of these rampant slots are, but I'm guessing it's low.
