Hungary is a small country filled with natural wonders: Grasslands, large lakes, lots of thermal water sources… And of course, a lot of casino buildings.
The country had a rocky start at legalizing online gambling, but all is good now: Hungarian online casinos are legal since the last 2 years and the industry analysts think that there will be lots of local Hungary casino sites in the near future, due to competitive tax rates and liberal terms.
In this article, we will take a closer look at the history of gambling in Hungary, explain why it took this long to legalize online gambling and talk about the best online casino Hungary websites.
Let’s start and find out which casino online Hungary sites offer the best gambling options for you, shall we?
The History Of Online Gambling Industry In Hungary
Hungary is truly a pioneer in regards to legalized gambling. Sports betting and casino games are legal in the country since 1991. The law that regulates these activities is simply called “Gambling Act”. However, until 2017, casino online Hungary sites were not part of this law: Online gambling laws in Hungary did not come into effect until late 2017. For more than 25 years, only land-based gambling and sports betting were legal. (And for some reason, horse betting – Hungarians love horse racing bets.)
At the moment, there are 9 brick-and-mortar casinos in the country. 5 of them are located in Budapest, the capital of Hungary. The others are scattered between Debrecen, Gyor, Sopron, and Nyíregyháza. Gambling taxes, in fact, are a large part of the country’s income and the government actively supports them. But, for some reason, they do not like online casinos that much. In fact, they did not legalize online casino Hungary sites until 2017, and not before doing so became mandatory due to the ruling of the European Council.
Gambling Online In Hungary: Is It Legal?
Yes, online gambling sites in Hungary are legal since 2017. This was actually a quite weird journey: The government was not planning on making online gambling legal, but local brick-and-mortar casinos lobbied for legalizing online casinos too, and they even appealed to the European Council (EC).
Online casino Hungary sites became legal due to EC ruling, not because the government wanted it. In any case, since the last 2 years, any company can set up an online casino in Hungary, or offer its services from abroad. Both options are possible and supported, as long as the financial records of the casino site are kept in the country borders. The legal gambling age in Hungary is 18 and all operators mıst get a license in order to offer their services. Speaking of which…
Regulation Of Online Casino Sites In Hungary
There are three gambling regularity bodies in Hungary, and all of them are monopolies. According to the gambling service type you are planning to offer, you must get a license from one of these agencies:
- The National Tax and Customs Administration of Hungary (land-based and online casino Hungary license)
- Magyar Lóversenyfogadást-szervező Kft. (horse race betting license)
- Szerencsejáték Zrt. (sports betting license)
In short, the government fully controls the online casino real money Hungary websites. The cost of a license varies on whether the operator is actually located in Hungary or not. If it is, getting a license for an online casino in Hungary costs 5 million HUF. If not, the cost will be 10 million HUF (around 35.000 USD). The license lasts for 10 or 20 years, depending on the class of casino online Hungary. And the best news is, operators must pay only 15% of their net revenue as taxes – this is a very low rate, especially when compared with other European countries such as Spain.
And that’s why we think that the future of online gambling in Hungary is bright: Getting a license is very easy and does not cost much, the tax rate is very low, and Hungarian players love to gamble. This country includes everything that iGaming operators want, and in the near future, we will see lots of local casino online Hungary sites, you can be sure of that. Until that day comes, you can continue to play at our recommended online casino Hungary sites.
Best Hungary Casinos Online: What Do They Offer?
First of all, we should mention that there are almost no local operators in Hungary at the moment. This is because of a very simple reason: The country legalized online gambling only 2 years ago and there was simply not enough time for the global operators to enter the market. At the moment, only one person is interested in opening a local casino online Hungary: His name is Andrew G. Vajna, which you may remember from the famous Terminator and Rambo series. He is a native Hungarian and recently partnered with Ezugi to open an online casino Hungary website. Other than that, Hungarian players still must play at offshore casino sites, simply because there are no local options.
However, we are sure that new online casinos for Hungary players will be available soon: In fact, this country has the potential to become the gambling capital of Europe due to its liberal gambling laws and low tax rates. Until that day comes, you can continue to play at our recommended online casino Hungary websites, which will offer you the following:
- Localized content. Did you know that Big Game Solutions, one of the largest white label casino providers in the industry, is located in Hungary? This means any online casino that uses the BGS platform will be able to offer you localized content. And since our reviews are geo-targeted, you can easily find casino online Hungary websites which you can play in your native language.
- Familiar payment options. Are you paying with SagePay, HiPay, Stripe, BlueSnap, or QHWR? These are local payment methods of Hungary and you will be able to find lots of casino sites that support them.
- Best bonuses. Online gambling promotions in Hungary are no different than the regular ones, so you still get to play with the most advantageous welcome, reload, and cashout bonuses, with the lowest wagering rates possible.
- High-quality games. We make sure that our recommended online casino Hungary sites work with the best providers. You will always be able to play the latest and most popular casino games.
Without wasting any more time, take a look at our best Hungary online casinos list and pick one: This will be a fun and profitable journey, you can be sure of that!
Casino Online Hungary FAQ
We Already Picked The Best Online Casinos In Hungary: Join One Today!
Playing at online casino Hungary sites can be both fun and profitable, as long as you make the right choices. We are here to help you in this regard: Our professional team has already selected the best casino online Hungary websites for you. Pick any of them, check the current promotions page, and start playing after you make the first deposit – it is really that simple. And don’t forget to visit us often, as we regularly update our content and add new Hungary online casinos to our lists. May the Lady Luck will always be with you: Let’s start playing!