The finishing touches are being made to Austria’s long-awaited new gambling law. This week, negotiators from the three governing parties – the center-right People’s Party (ÖVP), center-left Social Democrats (SPÖ) and liberal NEOS – are scheduled to iron out the last details.
At the end of May, a leaked Ministry of Finance draft obtained by iGB revealed that the country’s online gambling monopoly would end after the expiry of the current license in 2027. Since then, the three coalition parties have been finalizing the details of the new regulation to open up the market.
The resulting bill will mark a sea-change for the Austrian gaming industry, ending one of Europe’s last remaining gambling monopolies.
