hungary

Opening of the Hungarian sports betting market and licensing conditions

Hungary's parliament introduces online gambling law that opens up the market to private online operators, ending the current state monopoly on sports betting.

The long-standing state monopoly on online sports betting in Hungary ended on December 18, 2022, when the final changes to the Implementing Decree of the Hungarian Gaming Authority (SARA) were published. Basically, only one element was missing: the forms through which the European Economic Area (EEA) (“EEA Operators”) can submit their applications for online sports betting licenses. Adopted on 22 July 2022, the new regulation … Continue

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