1. Austria Gambling Authority Meaning
2. Austria Gambling Authority Act
3. Austria Gambling Authority Definition

Austria’s first two casinos opened in 1934, in Semmering and in Baden. At present, there are 12 casinos, all operated under the state monopoly company Casinos Austria AG. All gambling operators pay 20% VAT tax on their operating expenditure. The Austrian license stipulates a 1.5% tax on the turnover.

A gaming license is necessary for any online gambling enterprise if its operator wants to run the business legally and offer their players the best games. It is also necessary for opening a merchant account for your venture. Read about opening merchant and processing accounts.

• Austrian internet gambling laws dictate that websites that are licensed and regulated there may only offer their services to residents. In response to increased gambling addiction and corruption, authorities made some amendments to the Gambling Act in 2014 aiming to curb these issues.
• Gambling in Austria Gambling, casinos and lotteries are regulated by the Law on Games of Chance (GSpG) and fall within the remit of the Ministry of Finance. Furthermore the Ministry of Finance is the responsible authority for the supervision of licensed companies.

Gaminglicensing offers Curacao and Maltese licenses for online businesses, since these two are the most popular options to date. Both these licenses have their advantages. However, changes constantly occur in gaming legislation, so we compiled the information on legislation in different countries. Read about it in this section.

Curacao license

The Curacao license is a perfect balance between the cost and quality. It takes only 2 weeks to obtain it, it is economical, and you can operate any gambling business under one license. Note, if you want to open your own casino, you may not worry about the license at all: our White label platform solution lets you operate under our license.

Maltese license

Austria Gambling Authority Meaning

Maltese license is expensive but very prestigious. There are 4 types of Maltese licenses, each necessary for conducting a particular type of gambling activities: Class 1 – for casino games, skill games and lotteries, Class 2 – for betting, Class 3 – for peer betting and betting exchanges and Class 4 – for software vendors.

Austria Gambling Authority Act

Austria Gambling Authority Definition

There are also other options, which are described in detail in this section. Read about legislation in different countries and ask our experts if you have questions or would like to obtain a license.