The largest gambling provider is Szerencsejatek, which is owned by the state. Until 2012, the company maintained a gambling monopoly since it had the rights to all lotteries and held one of the two casinos at the time.
However, since 2012, many changes have been made to Hungarian legislation, which has expanded the possibilities for offline and online markets, enabling new companies to take them up.
It is worth noting that the internet is used as much in Hungary as in the rest of Europe – the number of users exceeds 80% of the population(approximately 8 million people).
Gambling and iGaming
The legalisation of gambling in Hungary began in 1991. At that time, two primary laws regulating gambling in the country were adopted. One of them, the Gambling Act, contained all the introductory provisions on the rules for land-based establishments and online casinos. And the other one, the Concession Act, stipulated that the state wholly owned the right to provide gaming services. However, the first and only provider was the already mentioned state-owned company Szerencsejatek, which was responsible for all lotteries in the country. Its subsidiary company TippMix was accountable for sports betting.
But the monopoly could not last forever – in 2006, the European Commission issued a warning to Hungary for its closed market. This prompted the authorities to consider amending the legislation. Nevertheless, the conditions for organising casino activities remain very strict, which does not make this market attractive to foreign providers.
The casinos in the country are regulated by the Gambling Supervision Authority, which is responsible for issuing licences, enforcing laws, imposing sanctions and fines, etc. To obtain a land-based casino licence, many strict requirements must be met. For example, space must be at least 90 sq.m. In addition, it must be approved by the town council.
As for the online sector, the first games were released back in 1998 by the same monopoly company, Szerencsejatek. In 2002, it became possible to place sports bets via SMS. In July 2013, the state finally amended the law to allow foreign operators to open online casinos. Vegas was the first of the licensed iGaming brands in Hungary, offering customers a vast range of entertainment – roulette, poker, blackjack and various slots. Regarding the conditions for opening, the company must have a legal address in Hungary, and the licence is valid for five years. But few are keen to open a business in this country – the costs involved are unreasonably high, which has led to a virtual lack of licensed internet portals in Hungary. While revenue for casino and betting brands with a licence is increasing year on year, mainly in lotteries and sports betting, with poker and casino, it is not so smooth: having shown growth in the beginning, it has remained unchanged for the last couple of years.
It’s worth noting that total revenue remains very low compared to western countries, not to mention unlicensed gambling brands – growth is volatile, and the amounts there are pretty different.
The outlook for gambling in Hungary is still ambiguous. On the one hand, many Hungarians have a negative attitude towards this form of entertainment; the media also supports the same policy. Moreover, public broadcasting often touches on the pernicious effects of gambling. On the positive side, however, well-known operators are trying their best to change the situation. The Vegas mentioned above has managed to enter the market and attracted famous partners, such as Greentube, thanks to which Hungarian players have access to various world-popular slots.
Top Online Casino List 2022
Best Live Casinos
National Casino. This online casino was founded by experienced gamblers, which makes it very popular in the industry. Containing clean and laconic design of the website, it offers players a great dashboard and generous bonuses on the main page.
Gunsbet Casino. The operator offers a large collection of gambling entertainment and allows gamblers to play slot machines for free. These features, combined with an official license and a developed loyalty program, encourage players to get back to this casino.
Bob Casino. Bob Casino’s official website has gained a good reputation among gamblers. Generous bonuses are available for beginners, including one no deposit bonus, and the loyalty program contains privileges for active users.
Spin Samurai. This bitcoin casino was opened in 2020, offering a wide collection of games, great bonuses and free spins and a special loyalty program.
Cookie Casino. Fully licenced and safe casino has opened it’s website in 2020, but already has a lot of fans, as it has a variety of fun games and withdrawal methods.
No Download Online Casinos
In addition to the previous, there are also a number of other online casinos that got many fans :
Casoola. Well-designed casino, reminiscent of a video-game, contains many games from great software providers.
Kassu. Is a well-known online casino that was opened in 2019. Offering licensed games this company has many fans in the industry.
Spela Casino. Has got three different licenses to make gambling available all over the world. Main advantages are multi-currency and high withdrawal limits.
Crazy Fox. Very popular online casino was launched by a well-known licensed company, offering great games, cashback bonuses and safety.
GSlot. Has 6000+ games in the collection, good reputation and smooth interface, that players especially like.
Fast Payout Casinos Online
Most of the popular online casinos have a chat with 24/7 technical help and fast withdrawal time frame, although some of them offer 0-24 frames and instaneus withdrawals to e-wallets, which makes it even easier to get the gainings.
These are such casinos as: National, Gunsbet, Bob Casino, Spin Samurai, Spela Casino, Crazy Fox and Cookie casino.
Top Mobile Casinos
Slot machines, as well as sections of the site in a smartphone or tablet browser, adjust to the screen size, and the game runs in standard mode. Logging in to the official website from a mobile phone is identical to logging in from a computer, you do not need to re-create an account.
Most popular ones are: National Casino, Gunsbet, Bob Casino, Spin Samurai, Crazy Fox, Cookie Casino and GSlot.
New Casinos
The Hungarian gambling industry is developing every year, which means new casinos are opening with high speed.
Most popular new casinos that gained a large audience of fans are: National Casino, Gunsbet and JooCasino.
Are Online Casinos Safe And Secure?
About Gambling Licenses
The security of player information and funds is very important for online gambling and we take the evaluation of BG Online Casino very seriously. As a rule, the leading operators in the country use standard encryption methods such as Secure Socket Layers (SSL) and RSA to protect the financial and personal information of their customers.
Most Bulgarian online casinos for real money have a valid license. The document is issued by the State Gambling Commission. Its presence indicates the safety of the club, the compliance of the technical parameters of the machines, the honesty of payments, and the confidentiality of information about users. Licensed establishments are regularly checked by specially authorized commissions. Auditors are appointed by the Ministry of Finance and have at least 5 years of experience in the gambling business. The results of inspections are published on departmental pages. If problems are identified, the license is revoked, its number is no longer displayed on the club’s official page.
Most Popular Online Casino Games In Hungary
Slots
Many Bulgarian casinos are expanding their range of software with the help of new technologies, buying slots with support for modern technologies, using programs for secure connection. They offer progressive video slots with high-quality graphics, an abundance of lines, the possibility of wagering jackpots, free spins and bonus rounds.
Baccarat
A popular game with a long history is also commonly seen in many Hungarian online casinos. This classical card game combined with the beautiful design of casino websites has many fans and probably will never pass by.
Bingo
Related to slots, bingo is one of the most popular online casino games in Hungary. If you’re looking for a great place to play bingo, then check out the following online casinos: 888 Casino, Casino Euro and Casino Las Vegas.
Blackjack
Of all the casino games, Blackjack is probably the most popular in Hungary. Most popular casinos are home to a large selection of Blackjack games, including classic and modern versions. You can also find progressive Blackjack with jackpots worth millions of dollars.
Craps
The craps game is one of the top-played casino games in Hungary. This game is quite complicated, but once you know the rules – you get the bank. Most casinos do everything they can to make it more and more interesting to each player.
Keno
Is a fast-play game that allows you to decide how much money to wager. Classic variant to not waste time and win.
Roulette
Classical roulettes are always on top, as it is interesting and usually made up very colorful and sound-filled, so that every gamer can feel the atmosphere.
Sic Bo
This game, similar to roulette, but originally was found in Asia, has a lot of fans all over the world.
Payment Solutions For Hungarian Players
Deposits and Withdrawals
Playing for real money requires financial transactions. Bulgarian casinos in 2022 use various payment systems for making a deposit and for withdrawing winnings:
Bank transfers are a reliable but time-consuming method of making payments at online casinos.
- Bank cards – instant accrual, ease to use
- Electronic payment systems – convenient, profitable, fast, minimal commission
- Cryptocurrency transactions are a modern method that is not used in all casinos
- Skrill – instantly
- EasyPay – instantly
- ePay.bg payments for Bulgarian residents – instantly
- Cashterminal – instant accrual
- Visa card – instantly
- MasterCard – instantly
- Maestro – instantly
All payment methods are completely secure. In some casinos, a rule is practiced under which withdrawal of funds is possible only with those payment methods that were used to deposit money.
Mobile Gambling
Mobile Apps
Bulgarian casinos are increasingly available for download on Android and iOS. Users launch their favorite slots, participate in tournaments, carry out account transactions without getting up from the couch. You can download the software on the official websites of iGaming brands, after disabling the security settings of the device. Programs weigh little, have a fast response. The functionality of the applications is no different from the main version of the portal, the working mirrors in them are updated automatically.
Web-Based Mobile Gaming
For now, Hungarians are free to play at any online casino that accepts players from Hungary. Which means that most of the popular online casinos have mobile versions of their websites, or the websites as well as the games adjust to the size of your phone’s screen, that makes it really easy to use.
Conclusion
Gambling is entirely legal in Hungary, although the government strictly controls it. There is not much gambling traffic in this country, but it is high quality, making it comparable to Poland and Finland. For an SEO site, iGaming brands with a local language are best suited. As far as betting is concerned, we have found out that there is no point in sending traffic, as the country has a monopoly. Overall, the government raises optimistic hopes, which allows us to predict its development in the industry more favourably and dynamically.
Frequently Asked Questions
Is online gambling legal in Hungary?
Gambling is not legislated and not forbidden in this country, which means that Hungarians are free to play at any online casino that accepts players from Hungary.
What is the most trusted online casino?
The most trusted online casino is the National Casino, which was launched back in 2018. This casino is fully licensed and top rated in most reviews. They offer a wide variety of casino games, including slots, blackjack, roulette, and baccarat.
What are the best free slots in Hungary?
22Bet online casino has probably the most generous welcome bonuses as well as the highest number of free slots.
