Without any doubt, Hungary has a long, rich history when it comes to its gambling market. Several years ago, the country’s government decided to open its gambling market to foreign operators but the regulations remained quite strict when it comes to online casino providers which want to offer their services in the country.
Hungary is one of the medium-sized European countries with an area of approximately 93,030 km2. The country’s capital city is Budapest. Budapest is also the most populous Hungarian city while the country’s total population is almost 10 million citizens. Hungary is bordered by Slovakia, Austria, Ukraine, Slovenia, Croatia, Serbia, and Romania.
When it comes to the Hungarian gambling market, the country poses very unfavorable taxation laws and policies especially when it comes to the online casino industry. However, this does not prevent Hungarian online casinos from offering their services.
The truth is that players have a variety of options when it comes to finding their Hungarian online casinos. There is a myriad of different venues providing all sorts of online gambling activities as well as a variety of games. The majority of these websites is available in Hungarian, so players can easily navigate them as they are in their native language.
Like many other European gambling markets, Hungary has a long, very complicated, and very rich gambling market history. This is especially true as the attitude of Hungarian gambling activities and providers used to change quite a lot throughout the years. The very first Hungarian land-based casino opened its doors back in 1981 even though some historians claim that gambling emerged in the country a long time ago, in the nineteenth century.
Either way, the first gambling market regulatory document named the Hungary Gambling Act emerged on the scene in 1991. Two years later, there were around twenty brick and mortar casinos operating in the country. This was also the time when very first sports betting and lottery services were opened. Back in 2009, the country’s government decided to cancel the ban placed on online poker games.
In other words, the country’s Gambling Act placed new regulations on the online casino market, which approved online casino providers to offer online poker games. Four years later, in 2013, the same act was amended to also allow Hungarian players to take advantage of different types of online casino games across a variety of online casino providers operating in the country.
Due to extremely high taxes placed on the market, online casinos were hesitant to enter the Hungarian online gambling market. This lead to the Hungarian government finally lowering tax rates, which provided more welcoming and more favorable conditions for online casinos and game providers.
Since all kinds of online gambling activities are allowed in the country, Hungarian players have a variety of options when it comes to choosing their online casino activities. Our list of top-rated Hungarian casinos includes only fully regulated and licensed online casinos providing safe and reliable gaming conditions.
A majority of these venues are both instant play and mobile casinos, which means that players can easily access their favorite games while on the go without compromising on quality or other features. In addition to being able to enjoy their favorite games while on the go, Hungarian players can also access a variety of games, including live dealers, classic tables games, casino slots, and much more.