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Gambling News - 'Hungary'
Sports
July 11, 2024
2024 Hungarian Grand Prix Formula 1 Odds, Time, and Prediction
The defending Formula 1 champion Max Verstappen failed to win his last two races. Will we see him lose a third race in a row for the first time since 2021? Judging by the 2024 Hungarian GP odds, we won’t. The Red Bull driver is seen as a big favorite to win on July 21. […]
Business
October 3, 2023
Amelco Continues European Expansion with Hungarian Tech Hub
The sports betting and platform supplier, Amelco, continues to expand its presence in Europe. The company has announced that it created a new tech hub office space located in the city of Pécs, Hungary. The new office location of the company complements its ongoing growth and is expected to play a pivotal role in its […]
Sports
July 18, 2023
Hungarian GP 2023 Formula 1 Odds, Time, and Prediction
We’ve been doing great with our 2021 Formula 1 predictions, but to be completely honest, it’s not because we’re the greatest F1 betting experts on the planet. Instead, it’s because we’ve been backing Max Verstappen. In 2023, this guy’s been nothing short of brilliant. He’s won eight of the 10 races run so far, finishing […]
Industry
June 30, 2023
Hungary: Regulator to Start Blocking Illegal Gambling Payments
Hungary’s Supervisory Authority for Regulated Activities (SZTFH) announced today that the blocking of bank accounts linked to illegal gambling operators would begin from July 1. Payments to Illegal Gambling Websites Will Be Refused The SZTFH notified all interested parties that it would work in close cooperation with the banks to implement restrictions on deposits to […]
Lottery
April 21, 2023
Hungarian Resident Hit With $87K Fine for Running Unlicensed Lottery
A regulatory authority in Hungary, scrutinizing the operations of gambling activities, announced it imposed a financial penalty against an unnamed individual over organizing illegal games of chance. On Thursday, the Supervisory Authority for Regulated Activities (SZTFH), confirmed it imposed a hefty fine against a private individual that was found organizing a real estate lottery. The […]
Sports
January 18, 2023
EveryMatrix to Boost Sports Betting for Hungarian National Lottery Brand
The company is looking to rapidly expand in the vertical and deliver its expertise and technical solutions to new partners all over the world. As a result, the national lottery will benefit from an end-to-end suite of various sports betting software solutions and services. EveryMatrix to Boost the Company Behind Hungarian National Lottery These new […]
Industry
February 7, 2022
New Gambling Laws Are Presented in Hungary, Sports Betting Monopoly Ends
Online gambling in Hungary is about to set out on an expansion mission as the country’s parliament introduced new online gaming legislation that will allow private operators to offer their services. In doing so, the monopoly on sports betting that was held by the state will end. EEA Operators to Provide Their Services to Hungarian […]
Casino
September 8, 2021
Viktor Orban Extends Casino Contracts to 2056 Ahead of Elections
The Government of Viktor Orban, Hungary’s Prime Minister, has extended the betting licenses of its gambling allies until 2056. This move comes in less than a year of the next parliamentary elections. The extended licenses were announced on the Hungarian gambling control body’s site. Orban Extends Casino Licenses by 35 Years This 35-year extension seemed like a […]
Industry
January 3, 2020
Hungary’s Online Grand Casino Signs Content Deal with Wazdan
Malta-based software studio Wazdan has been introduced on the Hungarian iGaming market following a partnership with Grand Casino the only iGaming operator licensed by the casino commission in the country. Wazdan Landed a Deal with the Only Legal Casino Operator in Hungary Wazdan’s management announced that in 2019 the company had struck a deal with […]