Top free slots hungary is monopolized by the state. The monopoly is shared between two companies – Szerencsejáték Zrt. and Magyar Lóversenyfogadást-szervező Kft. – which own 11 land-based gambling establishments. They operate under a license issued by the Ministry of Finance [1]on the basis of the Gambling Act.

 

Licensed online casinos in Hungary operate on *.hu domains. Other sites operate under cross-licenses.

 

Regulation and licensing

In 2013-2014 Hungary passed a new Gambling Act (hereinafter referred to as the Act). But European online providers, which became illegal under it, initiated proceedings in the national court and the Court of Justice of the European Union (CJEU). 

 

CJEU judges concluded that the new rules do not comply with EU law. So now they are not applied in practice and the Hungarian gambling market is open for virtual casinos with cross-licenses. 

 

The operation of online casinos in Hungary is theoretically subject to the Gambling Act. It contains:

 

Definition of the concept of betting and machines; 

description of licensing and state control procedures;

a list of games;

Types of permits for slot machines; 

advertising standards. 

PM Decree No. 32/2005 (X. 21.) of the Minister of Finance is now considered a technical regulation. The responsibilities of operators and players are laid down in Government Decree No. 329/2015. (XI.10.).

 

Best free slots hungary with a national permit may be opened by land-based casino owners registered as legal entities in Hungary (Sec. 3 par. 1b). 

 

The state monopoly of casinos is divided between two companies: Szerencsejáték Zrt. and Magyar Lóversenyfogadást-szervező Kft. (Sec. 3 pt. 1a). They own establishments with the .hu domain. 

 

Online sports betting is not regulated separately and is subject to state monopoly. 

 

The Investment Act [3] states for foreign nationals and companies that a person or firm that owns a land-based gambling establishment in Hungary may open an online casino.

 

According to Government Decree No. 329/2015 (XI.10.), operators of virtual gambling houses must inform participants about the risks of gaming (Section 1 p. 1). Obliged to create a partial funding fund for organizations that provide prevention or treatment of gambling addiction in Hungary (Section 22 p.1).

 

The regulation of European Gaming and Betting Association [4] Consumer Protection in EU online gambling regulation [5] specifies that Hungarian citizens should not start playing before they confirm their identity: https://rating-casinos.com/best-online-hungary-casinos/.

 

The national companies providing gambling services in the country are liable to administrative (maximum 100 million forints, confiscation of equipment) and criminal responsibility for violation of the Hungarian legislation in this sphere.

 

Jurisdiction – a paradox

In 2013 – 2014 Hungary introduced new gambling licensing standards. International operators did not accept them, challenging them in the national court and the Court of Justice of the European Union (CJEU). 

 

The CJEU concluded that most of the articles of the Hungarian system concerning online casinos contradicted European Union laws. Therefore they are not applied in practice. 

 

The current Hungarian system of online and land-based casino licensing is the first precedent in world law where legislation regulating gambling is passed but not enforced. Most government regulations can be ignored with impunity. 

 

Since the new licensing regime does not yet exist, Hungary has a legal emergency. The current national legislation prescribing a detailed gambling licensing system is practically non-existent. The bylaws are not applied in practice. Therefore, casinos operate on licenses issued in foreign jurisdictions (cross-licenses).