What is the legal status of online casinos in Hungary?

Online gambling is legal in Hungary, and players can participate in both sports betting and casino gaming without worrying about breaking the law. However, there are rules of how Hungarians should gamble online, and flouting these rules can get you into trouble. Here’s a comprehensive breakdown of the status of online gambling in Hungary and the laws involved.

Legalized in 2013

After years of stiff pressure from the EU and pro-gambling investors, the government legalized online casinos in 2013. Before then, the only way you could gamble locally was to visit land-based casinos. The number of casinos available before 2013 were also very few.

After 2013, land-based casinos like Las Vegas casino are still popular in the country. They also operate most online casinos in the country because many foreign casinos avoid Hungary in favor of countries with lower taxes. However, there are more gambling options for people who want to play on foreign casino sites.

Unibet, 888 Casino, and Energy casino are some of the best gambling sites for someone wondering about the legality of online casinos in Hungary. This site has a comprehensive guide for the best online casinos for Hungarians. So, shop around and review several websites before you choose the best one.

Games Allowed

Lucky for Hungarian gamblers, the government legalized the entire online casino industry and all of its games. So, whether you want to play slot machines, blackjack or poker—the decision is up to you. Of course, not all casino games are worth playing. But Hungarians make the choices of which games they choose to play.

Gambling experts, however, reveal that the best games are those known to payout frequently. You want a game in which you can win money regularly. After all, that’s a big reason why people risk their money on slot machines.

Another criterion for selecting games is to review their bonus features. Games with numerous bonus features are not only fun to play but they could reward you kindly with their bonuses. Some experts also emphasize on the need to choose reliable online casinos. That way, you’ll be confident the casino can process your profits when you win.

Number of Casino Players

A recent study shows there are nearly four million gamers in Hungary. That represents more than half of adult Hungarians. And while many of the players report to be playing video games, a significant portion of them also play casino games occasionally.

According to data collected by analytic firm Statista, casinos in Hungary earned in excess of $107 million in 2017. By comparison, the industry was worth less than $30 million before online gambling became legal in 2013.

The online casino sector is in Hungary is projected to continue rising in value in the next decade. If the government also improves its laws and taxation policies to attracted foreign companies, Hungary could witness an explosion of online casinos.

Preferred Payment Methods

Hungarian casino players are at liberty to deposit and withdraw their money using multiple payment options. For starters, they can use Visa or MasterCard in nearly all online casinos. They can also use SEPA or individual bank transfer for local gambling sites.