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Home News Gambling News Hungary Requires State Permit for Online Casinos

Hungary Requires State Permit for Online Casinos

All on the net gambling and betting platforms will require a five-year state concession beneath a law passed in Parliament by 235-69 votes on Wednesday. Web pages not granted a state permit will probably be blocked in Hungary, although concession winners will probably be needed to check users’ individual data and to restrict access to over-18s.
The concession comes with an annual HUF one hundred million (EUR 338,891) fee, a fortnightly gambling tax of 20 per cent of net takings along with a quarterly supervision charge of 2.5 per cent using a minimum of HUF 100,000 (EUR 338) along with a maximum of HUF 50 million (EUR 169,445).
The government estimated at HUF 10 billion (EUR 33.88 million) last autumn the income to be expected in the new regulations on on-line gambling.
Meanwhile a dozen businesses have turned towards the European Court of Human Rights in Strasbourg to seek compensation for a ban on slot machines introduced by the Hungarian government final year, and which they say deprived them of their assets and livelihood. A case has also been lodged in the Constitutional Court, said lawyer Dániel Karsai.
Since last October slot machines can only be operated by licensed casinos (of which you will find 3 in Hungary), a ruling that followed difficult around the heels of steep tax increases on gaming market machines and income.
In other news National Election Committee OVB authorized on Monday an initiative for any referendum around the sale of tobacco merchandise asking the query of regardless of whether Parliament should really adjust the law in order that tobacco shops can only sell tobacco solutions. From this Monday only licensed kiosks might be entitled to sell tobacco items, a range that has considering that been extended by the government to contain alcohol and newspapers.
A earlier bid to hold a referendum on no matter if to void the outcomes from the tobacco retail tender, which is broadly perceived as skewed in favour of Fidesz supporters and their families, was rejected by OVB.

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