Connect with us

WINNING COMBINATION - SOFTSWISS develops innovative iGaming software products for online casino, sports betting, and beyond. Our products can be delivered as standalone solutions or combined into a single iGaming Platform.

The future of sports betting: BETBY sportsbook is focused on innovation through deep industry knowledge, state-of-the-art software & endless customization possibilities.

Central Europe

Gambling Sector in Budapest and its Future

Published

on

Gambling Sector in Budapest and its Future
Photo Source: civitatis.com
Reading Time: 2 minutes

 

Hungary has a long and complicated history with legal gambling. Recently, significant progress has been made in opening the nation to fair and regulated gambling laws. Centered mainly within Budapest, major success stories are becoming increasingly common.

The first gambling laws to be enacted in modern Hungary were put to paper in the 1991 Gambling Act. The new rules stipulated that any gambling establishments from that point were to operate under the governance of the Hungarian officials, as an arm of state services. Since that point, laws have relaxed, allowing the opening of many gambling establishments.

The most famous ways to enjoy physical poker in Budapest are available within just a handful of locations spread all around the city. Most of these poker rooms operate within casinos which are heavily influenced by the legacy of Las Vegas, with at least four of them adopting the Vegas name within their own.

 Another option and one which has been growing steadily in Budapest over the last few years can be accessed through online poker. Again, in a strict sense the laws applying to play poker online confine those in Hungary to play on only state-operated services. Just as with physical casinos, however, these laws are relaxed as long as the casino in question is operated fairly and professionally.

In the last decade, both physical and online casinos have seen reliable growth not just in Budapest, but all over Hungary. This raises questions as to what interest the government might show in this sector in the future. At this point, the government seems content to operate a “no harm no foul” type of system. In the future though, given the growing customer base, it could be very possible that either the laws will officially change, or that state-developed casinos will see widespread adoption. Until then, both online and brick-and-mortar avenues are well represented and this does not look likely to change any time soon.

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

Advertisement

Advertisement

Advertisement

EveryMatrix at ICE 2025 in Barcelona: Explore advanced iGaming technologies and solutions, including Casino, Sports, Platform, Managed Services, and more. Visit EveryMatrix at stands 2G32, 5K10, and K36.

Advertisement

Launch your iGaming business swiftly and effortlessly with our comprehensive turnkey solutions

Trending (Top 7)

EuropeanGaming.eu is a premier online platform that serves as a leading information hub for the gaming and gambling industry. This industry-centric media outlet reaches over 200,000 readers monthly, providing them with compelling content, the latest news, and deep-dive insights.

Offering comprehensive coverage on all aspects of the gaming sector, EuropeanGaming.eu includes online and land-based gaming, betting, esports, regulatory and compliance updates, and technological advancements. Regular features encompass daily news articles, press releases, exclusive interviews, and insightful event reports.

The platform also hosts industry-relevant virtual meetups and conferences, and provides detailed reports, making it a one-stop resource for anyone seeking information about operators, suppliers, regulators, and professional services in the European gaming market. The portal's primary goal is to keep its extensive reader base updated on the latest happenings, trends, and developments within the gaming and gambling sector, with an emphasis on the European market while also covering pertinent global news. It's an indispensable resource for gaming professionals, operators, and enthusiasts alike.

Contact us: [email protected]

Editorial / PR Submissions: [email protected]

Copyright © 2015 - 2024 - European Gaming is part of HIPTHER. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.