Austria is ready to tackle the topic of a licensed gambling market head-on, local media reported.
The Austria Press Agency said that the ÖVP–SPÖ–NEOS coalition government is in discussions to introduce a draft bill by the end of this year, which will address the issue of a number of state-owned licenses expiring over the next few years.
Currently, the Austrian gambling market represents a monopoly divided among several state-owned concessions – Casino Austria AG (CASAG) manages the 12 land-based casinos in Austria, Österreichische Lotterien (OL) is in charge of the lotteries, while Win2Day (OL-owned) is the sole licensed provider of online gambling.
