Austria (GSpG) Licensed Casinos
All online Casinos with an Austria Gambling License
Introduction to Austria Gambling Law and Regulation
Gambling has been around for centuries, and it’s no secret that many people enjoy the thrill of gambling. A recent trend has seen an increase in gambling all over the world. Gambling is a popular pastime for many people. It can be enjoyable and provide some fun, but it also has risks that you must take into account.
There are different types of gambling casino betting, horse racing, sports betting, and lotteries. Casinos offer a wide variety of games that include slot machines, blackjack, and roulette as well as table games like poker and craps. In recent times, casino games have seemed to gain a lot of popularity among people with many new users joining in to enjoy its thrills and excitement.
Gambling is an important industry in Austria. With a market value of around €7.5 billion, it generates a lot of revenue. It employs around 54,000 people and generates annual revenue of approximately €2.3 billion. Though, there are also venues that offer other forms of gambling such as bingo, poker clubs, etc. In recent years the growth rate in the Austrian gambling industry has been slower than elsewhere. One major reason is strict regulatory laws and local operator support only inside the country. Foreign operators are illegal in Austria.
Gambling is a centuries-old tradition in Austria. Austrian gambling history dates back to the times of the Austro-Hungarian Empire. Gambling has always had a long and colorful history in Austria. In 1869, Austria became the first country to legalize casino gaming. Today, gambling is legal throughout most of Austria with some exceptions. The empire always had a strong connection with gambling. It was partly due to its Catholicism roots and partly because it was one way for aristocrats to make extra money.
During the 17th century, gambling was already a popular means of entertainment in Austria. Mainly during festive holidays, people filled up public places and venues, enjoying the thrills and spills of gambling. Austrian casinos were among the first legalized gambling establishments in Europe. They are still some of the most popular destinations for gamblers around the world.
The increasing popularity of gambling caught the attention of the royalty during that time. This led to the formation of the first gambling laws in the country in 1686, by Leopold I, the Holy Roman Empire’s emperor. This law prosecuted any kind of illegal gambling activity in the country.
The main aim of this law was to inhibit the spread of illegal gambling in the country. The ever-increasing popularity of gambling has led to considerable regulation over time, although, even today, Austria remains one of the more tolerant countries. It applies to all sorts of betting games like roulette or blackjack.
Gambling Law and Regulations
Austria has some of the most relaxed gambling laws in Europe. Players can place bets on almost any type of game. But you must meet the requirements set forth by law. That includes blackjack though not poker and horse racing from overseas. With the increase in the popularity of gambling in the country, higher authorities realized the need for regulation. But, the law still could not counter the sharp rise in the gambling market.
Gambling is legal in Austria, but there are a few restrictions. Casinos are only allowed in the city of Vienna and you must be at least 18 years old to gamble. The maximum stake that can be placed on any single bet is €2,500. There’s also a ban on online gambling although this law has been challenged. Lotteries or pub games where money changes hands outside of designated venues are illegal in the country.
The Progression of the Gambling Law
Following recommendations from an expert council in 2001, by the then Chancellor, a bill allowing limited forms of gaming developed. It included games such as slot machines and card games with nominal prizes like drawings or raffles.
Gambling law underwent more amendments with a due course in time until the formation of the Gaming Act in 1989. It was called GSpG or Glücksspielgesetz. This was the official law for the regulation of all gambling activities in the country, enacted by the Austrian federal constitution. It is the basis for regulation of all times of gambling by the federal government. Till now as many as 17 times the law has been amended.
The ministry of finance, Austria oversees GSpG. However, a new regulatory authority development is under construction. Once formed, it will be fully responsible to oversee all types of online gambling in the country. Gambling is legal in Austria, but there are a few caveats. Operators outside Austria cannot provide gambling services inside the country. All the locally licensed operators in the country can serve users of Austria only.
GSpG and Its Formation
Glücksspielgesetz or GSpG is the official gambling law in the country regulated by the Ministry of Finance, Austria. Users with GSpG law are now able to use local gambling services without any worries. The main objective of the law is to prevent corruption, illegal activities, and money laundering in the gambling market of Austria. Also, with the increase in the number of illegal gambling casinos, the law punishes any such activities.
One of the main objectives of GSpG is player protection. With the increasing trend in gambling, malpractices have become a common issue. Money laundering scams and hacking into user accounts are common problems. To tackle all these problems, the GSpG law came into force to improve player safety.
GSpG Provisions and Plans
GSpG makes sure all gambling activities in the country are regulated and authentic. Apart from improving user experience and security, GSpG aims at reducing gambling-related addiction. Some of the major proposed provisions of GSpG are:
- Self-exclusion program to prevent gambling addiction. This applies to both online gambling and land-based gambling casinos. Gambling addiction is a common phenomenon nowadays which may lead to huge financial losses. Many users do not know where to stop and end up going bankrupt. To counter this addiction problem related to gambling, GSpG aims at regulating the time and money spent in a day. This applies to any time of gambling game from betting to casino games.
- Figuring out whether loot boxes are a form of gambling. The reward inside the boxes depends fully on luck and is random. This is due to the search for the desired item and can cause overspending.
- Forming a list of gambling sites blacklisted by Austrian ISPs. Over the past few years, there is a steady rise in fake online casinos and websites. These fake sites lure users in with the hope of providing you with big rewards but end up taking away your money. GSpG aims at blacklisting such fake sites to improve user safety and privacy.
- Developing anti-corruption systems to stop casino operations from influencing politicians.
It is a creation of gaming regulations for online gambling to set time limits, maximum deposit amounts, and maximum stakes per bet to minimize the risk of losses.
Future Goals of GSpG
All the provisions of GSpG are made with the main goal of player security and safety in mind. These provisions are yet to be finalized and put into action. After approval from the ministry of finance, Austria, these regulations will be put into use. The future of gambling networks might be up for major changes as regulations come into effect with stricter policies,
GSpG and Player Protection
The GSpG law protects Austrian players and gives you a safe environment to play. When choosing an online sports betting site, there are always some important considerations. You should always consider these for your safe entertainment experience. Take a good look at the portal and ensure that the site is official and safe to play. Sites that do not have any certification can be closed at any point in time by the authority. Never deposit your hard-earned money without proper investigation at first. Overall, the GSpG law provides a safe playground for all its users. Also, it ensures that financial security is of the highest level for Austrian players.
The GSpG also prevents minors from taking part in land-based casinos and slot machine arcades. The law also prevents them from using slot machines outside arcades. The protection of minors is mainly overseen by the Bundesländer in local minor-protection laws. As per these laws, in general, minors are completely banned from entering any sort of betting premises in the country. This applies to both online and offline land-based casinos.
Fines at Austrian Licensed Casinos
As per the Austrian Criminal Code, section 168, any kind of gambling without a license from GSpG is an illegal and criminal offense. In case of being found guilty of illegal gambling, a fine of up to €22,000 to €66,000 may be imposed. The operator needs to pay the amount to the respective authority.
Like all other authorities, GSpG believes that you should first try to solve your problems with the particular casinos or online websites first. You may not get a direct reply from the authority. But, in case of any malpractice detected by the authority against a particular operator, GSpG will take the required action.
All these services make sure that player safety is of the best quality when it comes to GSpG authorized casinos.
Before depositing your money, you must make sure that the platform has an authentic license.
Obtaining GSpG License
If you want to provide gambling services in Austria, you have to obtain an authentic license from GSpG. But before you can apply for a license of your own, you need to fulfill some basic criteria. Only after you fulfill these criteria, will you become eligible to apply for a license. Here are the basic requirements to apply for a gambling license in Austria:
- You should be a local operator located inside the country. This means all the revenue that you generate is from Austria only.
- All your products are for Austrian users only. It means you cannot provide services to players outside the Austrian region or any other international players.
If you meet these requirements, you become eligible to apply for a license to provide gambling services in the country. Many believe these requirements are outdated in the current world. This is because the country forms a larger part of the European Economic Area, although due to this law the local operators are the ones benefiting the most. The GSpG is the main law that oversees all these activities inside the Austrian region.
The main reason behind keeping all offshore companies away from the country is security. Authorities inside Austria are unsure whether the activities of foreign companies fund crime. Compared to foreign operators, local companies are easier to keep an eye on and monitor.
For sports betting, the license is generally issued by each province where the operator is situated. The federal government is involved in sports betting and not GSpG.
Why Is a License Mandatory?
If you want to provide gambling services in Austria as a local operator, you need to have an authentic license. License is mandatory in Austria for any local gambling operator to be legal. Any operator without a valid license as per GSpG is considered illegal and bound to be prosecuted. Fines for such misconduct can be as high as €66,000.
Ensuring the security of personal information is crucial for both casinos and their customers when it comes to GSpG. You may always have this doubt about whether you should provide personal info to online casinos. Mainly there may be fear of risks of a security breach. But with GSpG licensed casinos, you can be assured that all your data and information is in safe hands at all times. Your hard-earned money is always safe with these authentic casinos.
It is very unlikely that your personal and financial information will be shared or disclosed on other sites. The authority makes sure the details are confidential and secured. No third-party platform will receive your shared data with a guarantee of complete privacy. All GSpG authorized casinos to protect personal data with utmost anonymity.
Tax on Gambling in Austria
Although foreign operators are not considered legal in Austria, tax is levied irrespective of their location. As per VAT law, games of chance and betting are free from 20% VAT. Other services have to pay different taxes.
For online as well as offline betting, a 2% tax is taken on all stakes. For online gambling, 40% tax is taken from the Gross gaming revenue of the stakes. This is without considering the winning amount. For the lottery, 27.5% is the total tax.
For land-based casinos, 30% tax is taken from the Gross gaming revenue of the stakes. This is after subtracting the winning amount. For slot machines located inside these casinos, 30% tax is taken on Net gaming revenue.
Advantages and Disadvantages of Laws in Austria
GSpG is an authentic and dependable authority in Austria when it comes to gambling laws. It takes very strict measures when it comes to user safety and legal gambling services. It makes sure all the licensees follow the minimum strict regulations imposed on them. Along with the regulations, the hefty fines in place make sure all the users are protected at all times. This also ensures a fair gaming experience.
Gambling is a popular pastime in Austria, while some people may view this type of activity as risky and potentially destructive. For many others, it is an exciting way to relax after work or enjoy being together with friends.
Although, there is one major drawback of the GSpG as it only provides licenses to Austrian-based operators. This means any foreign-based operator trying to get a local license is not eligible for the same. This is even though foreign companies have a big presence in the country.
GSpG Authorized Casinos in Austria
When it comes to GSpG authorized casinos in Austria, there is only one company, which is Casinos Austria. A total of 15 casino licenses are present in the country. Casinos Austria owns 12 out of these 15 licenses. 3 of the remaining licenses have been revoked. This is due to these companies being unable to comply with the rules and regulations.
Casinos Austria was founded in 1967 and is a gaming company. It is one of the largest casino operators in the world. The company operates 12 land-based casinos in Austria. Users can visit these casinos to get the best casino experience without worrying about their safety. The 12 casinos under Casinos Austria are:
Casinos Operating in Austria
Here you can find more detailed information about all the Austria-licensed casinos.
Win2Day is an online casino platform. Casinos Austria und Österreichische Lotterien owns Win2Day platform. The online platform is the perfect place for users in Austria. You can enjoy the casino experience from the comfort of your home. If you are looking for a fun and exciting way to spend your free time then look no further than Win2Day online casino. This site has something for everyone, from classic slot machines to Vegas-style games like blackjack and roulette. You can sign up on the website easily and start playing your favorite games from the comfort of your home.
● Casino Baden
Located in Kaiser-Franz-Ring 1 2500 Baden. The casino has a restaurant and conference hall. There is a wide variety of poker games at this casino. This gaming destination has something for everyone, from poker to slots to blackjack and more. Make sure to learn the rules of each game before you play so that you can have the most success. And if you’re feeling lucky and want to try your hand at some Macau Baccarat, there’s no better place than casino Baden.
● Casino Bregenz
Located in Platz der Wr. Symphoniker 3 6900 Bregenz. There are a number of games available at Casino Bregenz, including poker, blackjack, roulette, slots, and more. Players can choose from a variety of different tables and stakes, ensuring that everyone can find a game that they enjoy. The cash games start every Tuesday and Thursday at 8:00 p.m.
● Casino Graz
It is located in Landhausgasse 1 08010 Graz. Casino Graz is a place where you can enjoy a wide selection of games. There is a restaurant on site that offers delicious food, and players can also enjoy the casino’s wide selection of slot machines and other games. If you’re looking for a fun and exciting way to spend your weekend, Casino Graz is the perfect place for you!
● Casino Innsbruck
It is located in Salurner Straße 15 6020 Innsbruck. The casino in Innsbruck offers a wide range of games from slots to poker for customers to enjoy. There are also several restaurants and bars located on-site, so visitors can stay entertained all night long. The casino is open 24 hours a day, so visitors can always find something to do.
● Casino Kitzbühel
It is located in Hinterstadt 24 6370 Kitzbühel. Casino Kitzbühel is a multifaceted destination that offers numerous opportunities for entertainment, gaming, and lifestyle under one roof. The casino has over 350 slot machines and 60 table games, as well as an extensive list of live entertainment options. There are also several restaurants and bars on-site, making it the perfect place to spend a night out.
● Casino Kleinwalsetral
Casino Kleinwalsetral is a luxurious casino located in Walserstraße 31 6991 Riezlern. The casino offers a wide variety of games, including blackjack, roulette, and poker, as well as many types of slots. It also has a number of unique features that make it an excellent place to spend an afternoon or evening. For example, it has an on-site spa that provides treatments such as facials and massages. In addition, the casino has a restaurant that serves dishes from all around Austria and Europe.
● Casino Linz
If you’re looking for an evening of excitement and fun, be sure to check out Casino Linz. It is located in Rainerstraße 2-4 4020 Linz. This popular meeting place is perfect for anyone looking for a night of American Roulette, Black Jack, Poker, and modern slot machine play. There’s always plenty of excitement and fun waiting for you at Casino Linz!
● Casino Salzburg
It is located in Schloss Klessheim, 5071 Wals-Siezenheim. It offers a diverse range of games, from traditional blackjack and roulette to new and exciting slot machines. The casino also offers great odds on a variety of events, including poker tournaments and sports betting. For a truly international experience, head to the Klessheim Palace for delicious cuisine and world-class entertainment.
● Casino Seefeld
It is located in Bahnhofstraße 124 6100 Seefeld/Tirol. Casino Seefeld offers a wide variety of events and activities that will have you spending all your money. You can enjoy our first-class service or make a personal choice from one of our Casino events. We guarantee a special kind of experience.
● Casino Velden
Casino Velden is the perfect place to spend a vacation. It is located in Am Corso 17 9220 Velden. With its adjoining lake terrace, you can experience the atmosphere of an entertaining holiday residence. Be thrilled by the diverse gambling possibilities and enjoy first-class culinary pleasures, all while being surrounded by nature.
● Casino Wien
Casino Wien is one of the most popular casinos in Vienna. It is located in Kärntner Straße 41 1010 Wien. Customers can find plenty of games to try at this casino. It has a wide range of games, including Roulette, Black Jack, Macau Baccarat, and a variety of state-of-the-art slot machines. The casino also has an elegant bar where you can enjoy freshly mixed cocktails.
● Casino Zell Am See
It is located at Esplanade 4-6 5700 Zell am See provides yummy food and a great gaming experience for users. The platform has a wide variety of games ranging from slots, blackjack, and video poker. As it belongs to Casinos Austria, it is recognized by GSpG. You do not need to worry about the authenticity of the platform as it is safe. Casino Zell am See is one of the busiest and most popular casinos in Austria. Open all year round, they offer a variety of entertainment options for all ages. American Roulette, Black Jack, Craps, and Slots are just a few of the games available. Whether you’re looking to have some fun with your friends or take on the challenge of a new game, Casino Zell am See is the place to be.
Future of Gambling Regulations in Austria
The future of gambling laws in Austria is uncertain. But, with GSpG, there are some major changes on the horizon. In a recent survey, 64% of Austrians said that they support legalizing casinos and other forms of betting. Additionally, 77% of respondents do not want any government regulation in gambling. Users want the industry free from government rule altogether so that it can flourish freely.
These pro-gambling sentiments could signal good news for Austrian casino operators. After all, if more people want to gamble legally then the revenue generated through taxes and fees must surely increase. Unfortunately, this isn’t necessarily true without conclusive evidence. But, the gambling regulations are sure to change for the better in the coming future in Austria.
Gambling has been a part of Austrian society for centuries. But, it is only recently that the trend toward legalized gambling has truly taken hold. The reasons for this are manifold with Austria’s status as a wealthy country. Also, an affinity for luxury goods and activities such as skiing means there is always a demand for new ways to spend money. The country’s long history of restrictive regulations on gambling creates considerable opportunities ripe for exploitation by operators.
From the first gambling laws in 1696 to the formation of the GSpG, Austria has come a long way. With the gambling laws in place, finally, customers have what they had long desired. Users are now somewhere safe where they can gamble legally without hindrance from authorities or moral censure. Currently, gambling is legal in Austria. It is regulated by the government and GSpG. But only local operators are legal in the country. There are casinos, betting shops, and online gambling websites available to residents.
Positives and Negatives
The popularity of Austrian gambling has led to a growing problem of addiction and financial problems for many people. However, there are also some positive aspects to this trend. This includes benefits such as economic benefits for the country’s tourism industry. In terms of prospects, regulation will likely continue to increase. However, prevention campaigns aimed at preventing addiction will become more prevalent in the future.
Gambling is a billion-dollar industry that has been around for centuries, especially in Austria. It’s likely to stay with us for the foreseeable future, as people continue to enjoy its various forms. Despite of some concerns about addiction and potential financial ruin, gambling remains popular among both casual players and hardcore addicts alike. Austrian gambling laws are not perfect but when it comes to basic safety and security, it does the job. As long as you are a resident of Austria, you are sure to have a great experience.
Austria Gambling Law & Regulation FAQ
Austrian law requires only the operator to hold a license
- Lottery Games: The lottery license is valid until 2027.
- Casino Games: Maximum duration of 15 years.
- Slot Machines Outside Casinos: Maximum duration of 15 years.
Betting and games of chance are exempt from 20% VAT.