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Casino Licensing in Austria - the Best Austrian Licensed Casinos

Over the course of history Austria has become synonymous with the export of great masterminds, this amazing country is home to some of the most revolutionary personas of our history, including people like Freud, Mozart and let’s not forget Arnold Schwarzenegger. When it comes down to the gambling industry, in recent years the government has imposed stricter restrictions as a precaution to a rise in gambling addiction, in order to block a return to the gambling rates of the early 2000s. However, a tighter grip on restrictions does not mean that the activity is illegal, players can still attend slot machines, poker games, table and card games of their choice the only difference being that there are stricter rules in place to protect consumers now than there was 20 years ago.

Austrian Licensed Casinos and the gambling scene shows the unique approach the government takes, as they distinguish between “proper” gambling and “Kleines Gluksspiel” which refers to lower stake card games and slot machines. Nevertheless, the country’s Gambling Act – enforced by the OVWG – affects regions differently, as Vienna for example is permitted to have fewer casinos per person compared to other regions due to the city’s dense population. With regard to online gambling, Austria’s gambling laws dictate that companies based on the territory of the country are eligible for online gaming licenses via the web, mobile devices, and interactive TV, however, only Austrian residents are permitted to use them. Additionally, foreign operators wishing to access the country’s market will be disappointed to find out that there are various bureaucratic and legal blockades standing in their way. In a recent court development, the ECJ ruled that the Austrian laws with regard to the government’s gambling control are legal in the eyes of EU law, despite the wide range of restrictions and blockades in the path of international gambling companies who try to break the national monopoly.

A Closer look at Austrian Licensed Casinos

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Currently, there are not many Austrian licensed online casinos available on the market, however, as soon as something comes up we will be the first to add it to the market. However, we explained above that there are various legal restrictions standing in front of online casino operators wishing to be licensed under the Austrian legislation, but there is nothing standing in the way of gamblers from Austria who wish to access international online casino providers.

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The Beautiful Republic of Austria

The Republic of Austria is one of the oldest countries in Europe, the history originating from the infamous Astro-Hungarian Empire, which ruled half of the continent once upon a time. This beautiful territory is landlocked between the East Alps and the southern parts of Central Europe. The official language in Austria is German, but in the southern parts of the country, there are regions where the majority of the population speaks Italian. The country is formed of nine federated states, one of which is the capital Vienna, it is also the largest city in the country, which holds quite a multinational landscape.

Additionally, this country shares its borders with more than 3 countries, citizens of Austria can easily go for a weekend getaway in the Czech Republic, Slovakia, Hungary, Slovenia, Italy, Switzerland, and even Lichtenstein. Moreover, the territory of this country is not that large compared to the population of the state, the territory of the state is around 83,879km squared, and it holds a population of 9 million people. Furthermore, this country has quite a diverse population, over 69% of the population is Christian, and around 8% Muslim, but the mix of nationalities is what makes Austria quite an extraordinary destination.

History of the Austrian Association for Betting and Gambling

In this unique country, all of the gambling activities and lotteries are regulated and controlled by the Law on Games of Chance (GSpG) and fall within the whip of the Ministry of Finance. When It comes down to the registering and supervision of licensed companies, that job falls down to the Ministry of Finance. One of the essential jobs of the gambling authorities is to determine which games are to be recognized as games of chance and distinguished amongst others. Moreover, a certain part of the gambling activities such as the low stakes betting activities do not fall upon the GSpG, but are controlled and regulated by the Federal States of Austria and their own regional regulations.

Additionally, the cross-border supply of gambling activities is not permitted on the territory of Austria. Gambling activities on the territory of this country which are offered internationally are subject to be inspected by the national gambling monopoly and may fall in the category to not be allowed to operate within Austria if they fail to meet the required criteria, which is in fact quite harsh. Furthermore, interventions into the monopoly are punishable by law or by penalties, and fines issued as a result of the regulations in the country’s gambling laws. Furthermore, all of the traditional Sports Betting Services fall within the legal capabilities of the nine Federal States of Austria, this means each state regulates their own laws with regard to sports booking activities.

Playing at Austrian Licensed Casinos has Certain Benefits

There are various advantages of attending an online casino in Austria, as they implement very harsh restrictions for foreign gambling operators wishing to enter the market. There is a lot of space for nationally owned companies to enter the market and provide players with bonus offers, deals and promotions to compensate for the lack of other international providers. An additional benefit that Austrian online gamblers can enjoy is the fact that due to the fear of a gambling addiction rise, the government has put in place various safety regulations in order to protect all of the online gamblers on the territory of the country.

Moreover, although there might be a lot of benefits to attending an Austrian online casino, there are also a lot of disadvantages facing players, as the government-run monopoly does not always pose a benefit to players. With a lack of foreign gambling operators in the market, there is an open space for national monopolies to take over the market. Nevertheless, there is not much that online gamblers can get their hands on, as there are very strict regulations put in place by the Government.

The Austrian Gaming Commission and its Strong Policy

On the territory of Austria, every local operator needs a registered license in order to provide gambling products and activities, without operating illegally of course in the country. With regard to the Federal Constitutional Act of Austria, monopolies are allowed to work in the country by the federal legislator. At the moment gaming and gambling activities in the country are governed by the rules and guidelines implemented by the Austrian Gaming Act.

Moreover, the rules put in place in the country’s legislation aim to provide the security measures and safety precautions that are not violated by any of the online gaming operators. Additionally, Austria’s laws with regard to gambling are focused on maintaining a low level of risk exposure for the players, as that reduces the whole risk of gambling addiction, and the chance of player’s data being used for criminal purposes.

News related to Austria Casino License

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Austria’s Take on Online Casinos and Gambling

When it comes down to benefits that the Austrian government and the GSpG can for your online casino, there are not many advantages for operators. When it comes down to international operators entering the market, there are quite a few obstacles put in place by the government which act as restrictions for international casino operators, as the government is cautious with regard to online gambling addictions.

Furthermore, there is a huge range of local online casino operators but these are strictly regulated, and the majority of companies originate from Austria. Additionally, one of the little benefits that the Austrian government offers is safety and security measures, as the gambling authorities put a lot of guidelines in place to protect not only the consumers but the gambling sites also. Overall, there are no restrictions for Austrian online gamblers to access foreign online casinos available on the web, as there is a wide range of such gambling clubs available to them.

Players Protection in Austrian Licensed Casinos

As an attempt to tighten the legalization of gambling activities the Austrian government has implemented a wide range of regulations and legal guidelines put in place to make sure that the players are well protected. Additionally, there are various restrictions with regard to online gambling, as licenses are issued by the Government, and they make sure that players are well protected. Moreover, despite the strict regulations, there is nothing standing in the way for Austrian citizens who wish to attend foreign online casinos and wager stake on games provided by them. Ultimately, we can say that this country’s residents who wish to engage in gambling activities are free to do so, and are well protected from any fraudulent intent and illegal online casino providers.

Austrian Gambling Commission Contact Details

Website: https://www.bmf.gv.at/

E-Mail: [email protected]

E-mail for Complaints: [email protected]

Jurisdiction: Austria

Type: Local

Founded: 2009

Address: Johannesgasse 5, 1010 Wien

Phone: +43 (0)1 51433 500010

Quick Reference to the Major Licensing Jurisdictions covered by CasinoDaddy