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Regulation of online casinos in Hungary is a unique case. The country has developed and adopted legislation in this area, but it is not used fully.
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The sector is monopolized and divided between two state-owned companies: Magyar Lóversenyfogadást-szervező Kft. and Szerencsejáték Zrt. A total of 11 online casinos have been legalized. Licenses are issued by the Ministry of Finance. The clubs operate in the .hu domain zone.
The regulator is the Gambling Supervision Department. It is part of Hungary's National Tax and Customs Administration.
The regulator has the following responsibilities:
Issuing licenses to online clubs;
Monitoring gambling companies that have already received licenses;
Accounting audits;
Identifying and investigating violations in the gambling sector;
Issuing fines and sanctions, among other duties.
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The Casino Zeus website published a list of licensed Hungarian online casinos and a detailed article about gambling in Hungary: https://casinozeus.com.ua/ru/hungary
In this podcast, we will discuss:
Licensing and regulation of Hungary's gambling industry
The responsibilities of the regulatory body
Popular slot machines among Hungarian players
How to play in Hungarian forints
Responsible gambling
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