Hungary’s regulator implements new Gambling Act amendments

Hungary’s regulator implements new Gambling Act amendments

Article brief provided by iGaming Business
  • Zak Thomas-Akoo, iGaming Business
March 30, 2023 7:49 PM
  • Zak Thomas-Akoo, iGaming Business

Hungarian gaming regulator Supervisory Authority for Regulatory Affairs (SZTFH) issued a decree implementing new technical measures in response to amendments to the country’s Gambling Act.

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In February 2022, Hungary introduced legislation aiming to end the country’s sports betting state monopoly system, to be replaced with a competitive licensing process more in line with many of its neighbouring states and implemented by the SZTFH. The previous system had been ruled unlawful by the Court of Justice of the European Union in 2017.

This new regime – which was launched on 1 January 2023 – brought in a number of requirements for applicants looking to launch in the state.