Gambling News by Gambling Headquarters

Several different types of gambling are conducted through the Internet in Hungary, and they are taxed depending on the type of operation. Gambling is legal in Hungary. Online gambling organizers in Hungary are required to file tax returns and pay taxes on the basis of self-assessment. The tax rates vary for different types of gambling operations, including: a casino, money-winning and gambling machines, draws, and continuously organized totalizer-type betting. Online gambling is treated as a service, and any such service provided from the territory of Hungary, through any mode of communication equipment or networks, is required to be carried out under the provisions of Act XXXIV of 1991. In Hungary, a game tax is applicable to income derived from casinos, money-winning and gambling machines, draws, and continuously organized totalizer-type betting. The mode of application of the tax and its rate vary. In Hungary, all online gambling organizers are obligated to file tax returns and pay game taxes on the basis of self-assessment. The main objective of Act XXXIV of 1991 is to organize gambling activities, thereby preventing unlicensed gambling. The Act controls the activities of gambling organizations.