Hungarian Online Gaming Law Favours Vajna

  • 28 Sep 2016 9:00 AM
Hungarian Online Gaming Law Favours Vajna
The bill on regulating online gaming in Hungary that was filed in Parliament on Monday was designed to favour government commissioner Andy Vajna and was approved by Parliament in a fast track procedure on Tuesday, Népszabadság writes.

The law blocks financial transactions between Hungarian bank accounts and accounts of foreign online gaming companies.

The new regulation helps Vajna, who owns casinos in Hungary, to enter the online gaming market, Népszabadság concludes.

His company Las Vegas Casino Diamond registered the vegas.hu domain in May 2016. This could become the first legal online casino in Hungary, according to the newspaper.

Tax office chief András Tállai told Parliament, that the government forecasts an annual Ft 10-20 billion in revenue from legal online gaming.

Source: Hungary Around the Clock

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