Gambling in Austria
All forms of gambling in Austria are legal and subject to the Law on Games of Chance (Glücksspielgesetz-GSpG). The body that regulates the gambling sector in the country, land-based as well as online is the Federal Ministry of Finance (Bundesministerium für Finanzen).
According to the policy of the Austrian Ministry of Finance a cross-border supply of gambling activities is not allowed, as of January 2017. Online gambling activities offered internationally, are also subject to the national gambling monopoly and may not be advertised or executed within Austria. Interventions into the monopoly are punishable by civil law.
Online Gambling in Austria
Online gambling in Austria has a rich history. Some of Europe's biggest and most profitable internet gambling companies have their roots in Austria, even though their "official" headquarters are in classic offshore locations like the Channel Islands or the Caribbean. An example of such a company is bWin, which is an Austrian corporation with licenses in many places around the globe. The parent company of bwin has even been registered in the Vienna stock exchange since 2000.
Austria also gives licenses for companies within Austria to run online gambling sites, but there is a restriction in place that says the sites can only accept Austrian players. This reflects an attempt by the Austrian government to control internet gambling in their country. The government does not block online gambling sites from other countries either, so players in Austria are free to gamble at international sites if they wish.