Austria’s Coalition Agreement Retains Gambling Monopoly, Plans for Regulatory Overhaul (Casino News Daily)

Austria’s Coalition Agreement Retains Gambling Monopoly, Plans for Regulatory Overhaul (Casino News Daily)

Austria’s newly formed coalition government has confirmed that the country’s gambling market will continue operating under its existing monopoly framework. The agreement, reached between the People’s Party (ÖVP), the Social Democrats (SPÖ), and the Liberal Party (NEOS), was finalized on March 2 and maintains a single-license model for online gambling. However, the industry remains watchful, as the agreement hints at potential regulatory changes in the coming years. One-License System Extended Despite Calls for Reform The Austrian government plans to issue a single online casino license for a new 15-year period when the current permit—held by Austrian Lotteries—expires in 2027. Austrian Lotteries operates the Win2Day platform and, alongside Casinos Austria, maintains control over both online and land-based gambling under the nation’s monopoly model. Industry stakeholders have long criticized this system, citing concerns over a lack of competition and potential conflicts of interest. The Austrian finance ministry, which oversees gambling taxation and license allocation, also holds a 33.3% stake in Casinos Austria… Read More

Category: News 

Source: Casino News Daily