Hungary Complies With European Commission Order, Expands Online Gambling Services
20 April 2007
State gaming company Szerencsejáték announced a public tender for the purchase of IT equipment to be used to expand online gambling services, CEO Gábor Székely said.
The introduction of some of the games will take 18 months, due to long legal procedures, he noted. Some games, including lotteries, can not be played by foreign residents, as they have no registered address or bank account in Hungary.
In December the European Commission ordered Hungary to open up its sports betting market. Hungarian sports fans gambled an estimated Ft 15 billion online last year.
16 October 2006GAMINGKING ANNOUNCES RESIGNATION OF CHIEF EXECUTIVE
INTERNATIONAL HERALD TRIBUNE The Associated Press October 16, 2006 LONDON Gamingking PLC, a provider of online gambling services, said Monday that Nicholas Watkins resigned as chief executive. Watkins is the latest executive of a British online gambling company to resign his role after Congress introduced legislation to ban Internet gambling in the United States.Read full article