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The Latest in austria
Esports
December 20, 2023
Court Says Valve Must Repay $15K to Gamer over Loot Boxes
The case continues the ongoing debate about whether or not loot boxes constitute gambling and how they should be regulated. The court, though, has recognized loot boxes as a form of gambling, and this is doubly important as it would contribute to setting a legal precedent and be used in other similar cases. Spent on […]
Lottery
October 18, 2023
Austrian Lotteries Criticized for Age Verification Failure
The 2019-founded Austrian Players’ Aid Association, also known as the Spielerhilfe Association, has slammed Austrian Lotteries for allegedly allowing underaged players to buy instant win products. Failure to Perform All Age Verification Procedures According to the association aimed at advocating for better player protection in the country while offering media education and advice, Austrian Lotteries […]
Esports
July 3, 2023
ESIC, Victoria Police to Crack Down on Match-Fixing in Esports
The Esports Integrity Commission (ESIC) revealed that it has signed a Letter of Arrangement with the Victoria Police in February this year. Under the agreement, the two bodies will exchange information about suspicious betting activity in order to combat match-fixing in esports. As outlined in the letter, the Victoria Police’s Sporting Integrity Intelligence Unit (SIIU) […]
Business
June 30, 2023
NOVOMATIC Enjoys 13.6% Brand Value Increase, Continues to Grow
Each year, the Austrian Brand Value Study evaluates businesses and companies in the country, compiling a top 10 list. Within the 2023 ranking, some 180 Australian brands and companies within 16 different industries were probed. The latest Austrian Brand Value Study by the European Brand Institute ranked the leading international provider of gaming technology, NOVOMATIC, […]
Industry
May 31, 2023
Police in Austria Hits Illegal Gambling Dens with €500k in Fines
Bundesministerium Finanzen, the financial police in Austria, released Tuesday data regarding operations against undeclared work, illegal businesses and tax evasion. The cumulative efforts of the police along with other related agencies resulted in a total of €6.5 million ($7 million) in fines and 2,185 criminal cases. Within the gambling sector, for the first quarter, the […]
Legal
April 24, 2023
Austrian Financial Police Seize 76 Illegal Gambling Machines in Salzburg
In a crackdown on illegal gambling, Austrian financial police have confiscated 76 gaming machines in Salzburg during a series of raids. Covert Operations Reveal Hidden Illegal Gambling Machines in Salzburg Bars The police visited seven bars, which were camouflaged from the outside as different categories of businesses including nail salons, tanning salons, and internet cafes. […]
Legal
March 6, 2023
Austrian Gamblers Seek Money Back from 888 and Flutter
It was a few years ago when Austria implemented a gambling monopoly, effectively restricting the market to a single state-backed gambling operator called Casinos Austria. The operator has held the monopoly for several years, effectively limiting the market claiming that other operators that offer their services in the country do so illegally. In fact, three […]
Esports
March 6, 2023
Austrian Court Says FIFA FUT Violates Gambling Laws
FUT packs are collectable digital goods that are obtained through an in-game store and distribute prizes at random. This has been long-contested to be a form of gambling in several countries in Europe, with Belgium and the Netherlands outright banning the provision of FUT packs as part of the core gameplay of the popular FIFA […]
Legal
December 1, 2022
Austrian Police Seized and Destroyed Illegal Slots
The Austrian financial police have cracked down on unlicensed gambling operators, seizing over a hundred illegal slot machines. The law enforcers also found almost $18,000 in cash, which is now kept by the police. 123 Illegal Slot Machines Seized in Austria A big operation against illegal gambling saw Austrian authorities raid fraudulent venues across the […]
Industry
November 25, 2022
Austrian Scammer Utilizes Multiple Schemes to Swindle Money
An elaborate scam developed by a 45-year-old Austrian resident scammed people out of hundreds of thousands before the police got scent of the scheme and brought it down. Impersonating Hungarian Workers The unnamed man from Burgenland who reportedly cheated numerous Hungarian workers swindled the money to fund his gambling habit and cryptocurrency investments. His hunting […]