Tag Archives: Hungary
Hungary – Government nationalises online sports-betting
The Hungarian Parliament yesterday approved a bill under which online sports betting in Hungary can only be conducted through state-owned Szerencsejáték Zrt., while online horse betting can only be operated through state-owned Magyar Lóversenyfogadást Szervező Kft. Online casino games can only be operated by firms that have casino concessions. Online casinos can generate extra income through online…
Hungary – BMM Testlabs provides training for the Hungarian Testing Board
BMM Testlabs’ Linda Lemieux, SVP, BMM Canada, recently gave a training session to 90 participants via video conference, organized by the Hungarian Testing Board, an ISTQB partner. The presentation, titled ‘QA in the Gaming World’ gave a broad overview of BMM’s approach to QA testing services, including electronic gaming machines (EGMs), online, social and mobile,…
Hungary – EGT partners with the largest operator in Hungary
Euro Games Technology’s products have been chosen by the biggest operator in Hungary; Las Vegas Casino Group, who owns the exclusive rights for Budapest with licenses for five casinos. After the 2012 ban on the street slot machines and the doubling of casino licenses, the gaming industry in the country marked one of the most…
Hungary – Aranybónusz 2000 opens Grand Casino Debrecen
Hungarian operator Aranybónusz 2000 Kft has just opened the Grand Casino at the Debrecen Plaza shopping center, located in eastern Hungary at a cost of HUF 750m. The property has opened with 240 slot machines and four table games. Aranybónusz 2000 Kft, which won the concession for ten years, has an option to extend it…
US – EuroVegas ruling favours Hungary
The International Center for Settlement of Investment Disputes (ICSID), in Washington, DC, has ruled in favour of the state of Hungary, rejecting compensation sought by Israeli investors because of a failed casino investment. The Israeli investors sought for more than HUF 100 bln (€326m) in damages from the state of Hungary under an international investment…
Hungary – Government wants EU funds for Hard Rock
In an effort to boost tourism, the Hungarian government is seeking to gain EU funding to kick-start a long dormant casino project with Hard Rock Hotel & Casino. The government wants to expand the important economic sector with the help of EU structural aid and top of its list is the outstanding Hard Rock Hotel…
Hungary – Sopron license relocated to larger premises
Casino Sopron, Casinos Austria International’s popular casino in the Hungarian border town of Sopron, has relocated to new larger premises with effect from 22 November 2013. In October 2012, the Hungarian government had banned slot machines outside casinos and closed all slot halls across the country. This left only three casinos in the whole of…
Hungary – Eleven Hungarian cities apply for casinos
Having effectively closed slot halls across the country, the Hungarian government announced in the summer that it planned to offer licences for nine new casinos, a figure that has jumped to 11 as a new amendment, which enables operators to deduct the concession fee from gaming tax, has reinvigorated the process. Eleven cities have now…
Hungary – Dream Island sinks as Hungarian government buys back land
The Hungarian government is to buy back two properties on Budapest’s Hajógyári Island for HUF4bn (€12m) from owners Plaza Centers which had planned a €1.5bn Dream Island. Taking shape as a mini Las Vegas on the Danube island, Plaza had held a 43.5 per cent stake in Dream Island, a prestigious development on the Óbuda…
