Gambling in Hungary
Szerencsejáték Zrt. (literally: Game of Chance cPlc.) is the largest gambling provider in Hungary. The company is 100% state owned and has exclusive rights to all lottery games and most prize draw ticket games in the country. They also own one of Hungary’s 2 casinos and are invested in another one. A new law passed in June 2013 introduced further changes, including an opening of the market for sports betting competition.
In December 2013, the Hungarian government announced changes to the 1991 Gambling Act, introducing up to 11 casino licenses, 5 close to the capital, Budapest, with six more to be spread across the country.
Online Gambling in Hungary
All forms of online gambling in Hungary are also legal. In 1998, Szerencsejáték began making their products available online, and since 2002 Hungarians have been able to place wagers by SMS as well. Sports bets can be placed online, and lottery and other instant-win tickets may be purchased.
With legal changes in both June and July 2013, the online casino market was opened. However, opening an online casino in Hungry is an exclusive right to the land based casinos in the country according to the amendments to the Hungarian Gambling Act from 2014.