Best Online Casinos In Hungary April 2024

How are online casinos regulated in Hungary?

Out of different countries regulating casinos, the online casinos in Hungary are the most regulated. The government of Hungary has legalized almost all forms of casinos and has launched the rules for the same. Here, the table comprises related information about the same.

To all bettors and players, it is advised to double-check the current regulations before starting the investment since gambling laws always evolve with time.

The best casinos in Hungary: Comparison

Hungary's leading online casinos merge traditional European gaming with modern trends, offering a diverse range of games on user-friendly platforms with solid customer support, appealing to classic and contemporary players. The table below compares the features of these top 5 online casinos in Hungary.

Main Provisions of the Gambling Ordinance in Hungary

Since online casinos are legally valid in Hungary, the Hungarian Gambling Authority (HGA) is there to regulate the processes. Established in 2013, the HGA has different sets of laws and orders to tackle unlicensed gambling and ensure that operators comply with the law.

• The authorized online casino must have a land-based casino in Hungary to protect consumer rights and financial stability.
• The operators of online casinos in Hungary must have a Hungarian representative and be accountable for their actions.
• The online operators must pay a supervision fee of 2.5% of gross gambling revenue and a gaming tax of 15%.
• Further, the HGA can impose penalties on operators for breaches of the law and suspension and revocation of licenses.
• Also, the HGA can block access to unlicensed online casino sites.

As a result of the HGA's efforts, the online gambling market in Hungary is now well-regulated, and consumer protection is high. Gambling laws and regulations in Hungary are strictly governed, ensuring that the bettors can avail themselves of a safe and profitable experience.

Gambling addiction stats in Hungary

As per a study published by the Hungarian National Institute of Addiction Research (NIAR), around 1.9% of Hungarians face problems with gambling and are diagnosed with pathological gambling disorders. Here are the related facts revealed in the report.

• Gambling is more common among men than women.
• People who are younger, less educated, and have lower incomes are more addicted to gambling.

The same study also found that the cost of problem gambling to the Hungarian economy is significant. In 2019, problem gambling cost the Hungarian economy an estimated HUF 100 billion (approximately €250 million). This includes the costs of lost productivity, crime, and healthcare. With strict regulations and public awareness, the Hungarian government is emphasizing controlling measures.

Despite these efforts, problem gambling remains a significant problem in Hungary. The government needs to continue to take measures to address this addiction, such as increasing funding for support services and implementing stricter regulations on the gambling industry.

Conclusion – Find the Best Online Casinos for Hungarian Players

The future of online casinos in Hungary seems promising. The Hungarian government needs to channel its efforts toward improving Hungarian Casinos and the players' experience.