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With the latter arguments justifying it that the manager of the casino, the lottery and the new poker parlors have to live in the EU. The number of business people in this area that are required to have a representative to live in Austria for the criteria in the regulatory regime of the Treasury to satisfy.

Also, this gain is recorded in the government's draft. The Bar Association, which has dealt with in the review process of the control of gaming facilities and the completion of the official steps, took that as an example.

Another obstacle for smaller firms are the principal criteria, which are already present in the current gaming law. A provider of lottery needs minimal 109 million euros in the issued share capital or ordinary asset, a provider of a casino needs 22 million. In Austria, only the Casinos Austria, its subsidiary, the lottery and finally Novomatic meet these requirements.

The separate accounting and management with regard to all companies in Austria covers Casino providers and lottery operators alike. If everything goes according to plan ahead, to the National Council to wave through the proposed amendment to the law before Christmas.


 

 

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Payout rates for this month (%)

INSTANT PLAY CASINO

Table Games

98.32

Card Games

98.32

Slots

98.32

Video Casino

98.32

Black jacks

98.32

Others

98.32

Total payout rate

98.32
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