Online gaming to surge in Hungary
Hungarians could soon be benefiting from an expanded online gaming industry, lightening up the current state-owned monopoly that exists in the country.
It is reported that the country’s state gaming company has announced a bid for expansion.
Gabor Szekely, the CEO of Szerencsejatek Zrt, has announced that he is to expand the company’s online services, and will bid for the acquisition of the technology needed to enable the change.
Currently, Szerencsejatek Zrt has the sole responsibility for providing all number draw games, sports bets and prize draw tickets throughout the country, although this is not an issue that has gone unnoticed.
Last year the European Commission demanded Hungary open up its online gaming industry to other European companies, to make sure it kept in line with European trading laws, which state free trade must be allowed within the European Union.
Doing so may be an extremely lengthy process however, as even the proposed expansion of Szerencsejatek Zrt’s games could take up to 18 months due to the legal process it is required to go through.