Hungary’s casino industry has boomed following amendments to its gambling legislation in 2014, which allowed for the opening of a maximum of 11 casinos nationwide.
The casino sector has also felt the positive effects of a ban on street slot machines enacted in 2012. The most recently available revenue figures, from 2017, indicate profits have soared from €51m to €107m over that period.
The Hungarian casino firm Las Vegas is one of the only four operators allowed to offer online casinos, following amendments that entered into force in late 2015, which gave land-based casinos the exclusive right to online casino gaming in Hungary. The Las Vegas online casino launched successfully in April 2017.
In July of 2017, laws came into effect which made regulator the Gambling Supervision Authority an independent entity, separating it from the National Tax and Customs Administration.
The prospects of these four licensees were further bolstered by harsher payment blocking and enforcement measures for illegal online gambling websites, which were ratified by the Hungarian Parliament in late 2016. Hungary continues to aggressively expand its blacklist of illegal online operators.
The Court of European Justice concluded in March 2018 that Hungary’s policy of limiting online gambling licences to those companies that already operate local land-based casinos violates EU law.
However there has subsequently been no enforcement action taken against the country by the European Commission.
National legislation requires customers to be at least 18 years of age and registration is required on their first visit.
Players can self-exclude upon their own request for up to two years. They can choose if the ban is 3 months, 6 months, 1 year or 2 years. Casino has to implement the ban within 24 hours. A self-exclusion of 1 year or longer can only be revoked after 7 months.
Players can self-exclude upon their request or can be excluded by court order in the National Tax and Customs Administration office for 1 year, 3 years or for a 5 year period.
It is required that a player protection toll free number should be displayed in the casino and on gaming equipment.
A prevalence study published by Ipsos Zrt. in 2010 indicated that around 1.2 percent of the Hungarian population over the age of 18 is heavily addicted to gambling. With Hungary’s population of around 9.9m, this translates to around 100,000 people.
Problem Gambling Helplines: Emberbarát Alapítvány & NAV Központi Ügyfélszolgálat (NTAC Central Office)
Legal Gambling Age: 18 Years Old
Smoking Ban: YES
Terrestrial: Multiple licences (8)
Online: Regulated (Licences are limited to land-based casino concessionaires)
Terrestrial:Table games: American Roulette with single zero, Black Jack, Ultimate Texas Hold’em, Caribbean Stud Poker, Casino War, Three card Poker, Punto Banco, Texas Hold’em Poker, Electronic Roulettes: Alfastreet, EGT, Amatic, Slot machines
Online:Casino games (House banked games eg. Roulette, Blackjack), Slot machines, Card games (Raked games eg. Poker)
Terrestrial and Online:The Gambling Supervision and the Ministry for National Economy
Size of Illegal Gambling Market:Estimated at €100m annually.
Market Protection Measures / Tools to Tackle Illegal Gambling:ISP, payment blocking and advertising restrictions are all available as tools to deter illegal gambling offers.
Currency : Hungarian forint (HUF)
(Source:The World Bank)
GNI (2014, Local Currency, Millions): 3,01,60,137
Internet Penetration (Internet Users):76.1%
(Source: The World Bank)
Mobile Penetration (Mobile Cellular Subscriptions): 118%
(Source: The World Bank)
Doing Business Ranking (June 2015):42
(Source: World Bank Group)
Last Updated: May 2019