22bet Hungary

PECHOVANIKOLA@seznam.cz

22bet

August 19, 2024

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Hungary is one of the poorer countries in Central Europe that is a member of the European Union. It has a total population of around 10 million. Gambling as well as online gambling is legal in Hungary. Although the vast majority is covered by a state monopoly, a gateway remains open for private investors. At the same time, foreign betting portals also want to participate in the bookmaking market, which is in fact very popular, although the use of them raises a lot of questions. Are Hungarians allowed to use the 22bet Wegry platform?

History of gambling in Hungary

Hungary is a country that is located in Central Europe, but is definitely both culturally and economically similar to Eastern European countries. It is visited by around 17 million tourists every year. When Hungary was part of the USSR, gambling was practically illegal. Changes came with the country’s independence. Already in 1991, the law on the organisation of gambling was established.

The dominant monopoly in the Hungarian market means that most casino games, including online, are organised by the state. Among them are sports betting, lotteries and bingo. The monopoly for these is held by Szerencsejáték Zrt. Private companies can organise casino and online casino sectors. In 2012, a restriction was made on the operation of land-based gambling. It can only be established by licensed casinos, state-owned betting shops as well as horse race betting offices. Until 2012, slot machines were practically open to the public.

The legalisation and possibility to create online gambling was preceded by numerous negotiations with gambling companies as well as EU officials. The first online casino only became operational in the second half of 2017. It was established by LVC Diamond Kft, and the process of its establishment involved Ezugi and Finnplay.

The licensing process itself in Hungary is not in line with EU requirements. The restrictions imposed make it very difficult to obtain one. Hence, foreign operators often disregard this provision and take on Hungarian players. There are no consequences against Hungarian players for using these platforms.

Does bookmaker 22bet Hungary allow Hungarians to register on the platform?

Hungarians are on the list of nationalities that can freely create an account on the 22bet platform. The bookmaker accepts players from Hungary, which is very encouraging, combined with the lack of consequences for those who want to use the services of a foreign bookmaker. There is a whole range of different promotions for Hungarian residents, which are already provided for from the moment of registration and also occur during the week. Players have at their disposal not only an extensive system of various bets, but also an online casino with a wide range of different games that meet the needs and tastes of users from all over the world. These are constantly being expanded with new items, providing regulars with a huge amount of fresh entertainment.