Austria is one of the few nations where gambling has been legalized by the government. This makes it one of the top countries for gambling enthusiasts and operators across the globe. Irrespective of your gambling experience, Austrians enjoy systematic betting and a casino experience whether it is from brick and mortar casinos or online gambling platforms. Austrian online casinos operators provide a wide range of gaming options ranging from modern online slot machines and roulettes to traditional card games like Baccarat.
Statistics suggest that the annual revenue generated from all sorts of gambling has been growing constantly and accounts for more than 300 million Euros in recent years. However, a peculiar fact is that the Austrian economy has gained more than 150 million Euros since 2011 from taxation on international casino bets. Despite this, the government does not issue licenses for casinos so that they can serve the locals. This leads us to infer that even though the Austrian government is open to gambling and betting, it has stringent rules when it comes to curbing the widespread gambling addiction among its own citizens. This applies to conventional as well as online casinos in Austria.
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Austria Online Casino Sites
According to the Austrian jurisdiction, there can be only 15 brick-and-mortar casinos (kasina) in the country for citizens. Considering the large gambling population, Austrian regulations don’t permit casino operators to expand their business and infrastructure to include the native population of punters. However, this gap is bridged by the online casino sites in Austria. Every gambling enthusiast can place their bets on live online casinos and play without stepping out of their homes. The only thing to be kept in mind is adhering to Austrian gambling laws and regulations.
Austria is home to more than 6.5 million Internet users with more than 80% Internet penetration. Being a developed nation, almost everyone has access to the Internet and smartphones/PC in Austria. This means that there are thousands of citizens who are interested in online gambling. Various gambling platforms provide their services in the Austrian webspace to attract native and international gamblers. Moreover, a progressive attitude from the government encourages various offshore casino operators to file a license plea from the Austrian government.
Online, as well as onsite gambling, has been flourishing in Austria owing to the fact that officials have welcomed it with open arms. However, many people use this opportunity to set up fake online gambling platforms with malicious intentions of theft and extortions. That is why, it is extremely important to choose a reliable casino on the Internet. 1Casino1 can make this task easy for you. You just have to pick a casino from their list of trusted, popular and reliable ones. Below are some points that you should keep in mind while choosing a gambling platform on the Internet, whether you are in Austria or any other country.
First, you must decide the kind of games you would want to place your bets on. Even though there are thousands of casinos online, most of them are niche. For example, if you want to go for online casino slot machines instead of card games, you might want to choose a more ‘machine-oriented’ gambling platform. This will not only help you narrow down the options, but will also maximize the reward as you will get a welcome online casino bonus that is suitable to the gamble of your choice.
Secondly, you must avoid installing suspicious software on your computer for gambling purposes. A lot of times hackers disguise themselves as casino operators to get access to computers via viruses and spyware. This is one of the most common ways of breaching personal security to extract crucial information like passwords, bank details, and much more. Furthermore, most genuine casinos offer instant services and don’t rely on third-parties. All of these websites can easily be accessed through 1Casino1.
Another important tip that will help you select an online casino is searching for the casino-specific license and ‘About Us’ page. If you can’t find a license on the gambling platform, then there are high chances of it being associated with malicious activities. Additionally, a licensed casino means that you can always approach the authorities in case you want to lodge a complaint against an operator. This is the most important tip that should never be undermined to avoid losing thousands of Euros in the hands of fraudsters.
Finally, you must check the reviews of the casino of your choice on the Internet. These can be found on Google reviews, Quora, Ask, Reddit, and similar forums (like the online casinos forum we have at 1Casino1). By reading the discussions and reviews of other gamblers, you can compare different casinos on the basis of their pros and cons. This will also help you get familiar with popular and genuine casinos without having to manually inspect them. You can find a curated list of the best and most reliable online casinos on 1Casino1. From top brands like win2day & mr green online casino to new online no deposit casinos where players can receive the bonus instantly.
If you’re a gambler in Austria or wish to place your bets in Austrian online casinos, you must check out 1Casino1 and safely commence your casino expeditions.
Online Gambling in Austria: Laws and Regulations
Austrian gambling laws are some of the most systematic and well-regulated sets of rules in the global gambling environment. Whether it is online or brick-and-mortar casinos, the Austrian government has successfully controlled the industry while leveraging it for the benefit of the economy. Online bingo, poker, and casino gaming in Austria are supervised by the Austrian Ministry of Finance or the BMF. This organization is also known as the Bundesministerium fur Finanzen. Furthermore, from July 2020, these games will be governed by the Austrian Tax Authority.
The E-commerce Gesetz (E-commerce Act) is responsible for the present-day gambling scenario in Austria. Besides, the Unfair Competition Act prevents unfair trading actions. This is very similar to its EU counterparts. In addition, the Glucksspielgesetz or the Federal Gambling Act governs the brick-and-mortar casinos as well as online gambling websites that host games of chance such as roulettes, spin wheel, poker, lottery, and bingo. This act covers every game of chance played on the electronic mediums.
In 2017, a major step was proposed which is directly bound to the Glucksspielgesetz. It stated that the government will block the IP addresses of all the digital casinos operating without a proper license. However, this never came into action as it would affect many big firms and can directly impact the Austrian economy. However, another reform was brought in the Austrian gambling industry when the government started imposing 40% taxation on the online gambling revenue collected from Austrian gamblers.
In addition to this, most laws applicable to the land-based casinos are also applied to online gambling platforms. This is true when it comes to the legal gambling age, which is 18 years. However, one can participate in the lottery if he/she is older than 16 years. Even though the Austrian government has adopted a more open view towards gambling and betting, it still considers poker to be a game of chance rather than a game of skill. This is a controversial stance because a significant number of punters gamble on poker, which contributes heavily to the Austrian economy.
All in all, the online gambling laws and regulations in Austria are very flexible and favourable to punters. However, some restrictions also allow the government to regulate their functioning like extracting tax from the casino operators.
Gambling History in Austria
Almost every European nation has a rich cultural heritage. This is often seen in various forms of games and sources of entertainment such as gambling and betting. Austria is one such nation with a rich gambling history. The major events that impacted the Austrian betting scenarios occurred in the mid 18th century.
Back in 1751, Austrians witnessed their first lottery which occurs even today. This lottery is famously known as the ‘Genova Lottery’. In its initial years, it was supervised by a private company. However in 1773, the Austrian state took its control and since then it has been one of the most important attractions for Austrian gamblers. Despite witnessing two world wars, the lottery didn’t lose its popularity. In the year 1990, its governance was handed to the Austrian Lottery.
Furthermore, another form of the lottery was prevalent in Austria in the 20th century. It was known as the ‘Class’ lottery. Basically, the betters had to visit townhall to buy their tickets or get in touch with the lottery representatives. This lottery was very inefficient because one had to wait for a long time just to buy a lottery ticket. To make this process faster, the authorities started dividing the tickets into various ‘classes’. That’s where this lottery got its name. Even today, Austrian gamblers participate in the Class Lottery.
Furthermore, because of its historical association with socialism, casinos, and lotteries in Austria were connected to politicians. ‘Casinos Austria’ has a major influence on the present gambling scenario. Casinos Austria was introduced back in 1934 and surprisingly owns many offshore casinos. The company achieved a global turnover of 1 Bn Euros in 2004. This company was able to attract thousands of Austrian punters towards the gambling industry.
However, the stringent laws and regulations didn’t allow many companies to start local casinos. That’s where online casinos started becoming popular. With the revolution in the Silicon Valley and Internet boom, the online gambling industry flourished in Austria and the world. This was a brief history of Austrian gambling.
The Future of Online Gambling in Austria
According to the present attitude of the Austrian government and the growth trends, online gambling in Austria has a very promising future. Since the government is very flexible when it comes to online and onsite gambling, the overall revenue in Austria is more than 1.6 Billion Euros.
However, there are some restrictions faced by casino operators. These are likely to be modified in the near future. The government is currently not issuing licenses to many popular and legitimate casinos to expand their operations in Austria. They have a very large user base and the punters pour millions of Euros in them.
According to statistics, the online gambling industry is the fastest-growing in the overall gambling and betting scenario in Austria. In 2017, it accounted for more than 280 million Euros, which was 11% more than the previous year’s revenue. These numbers are very astonishing considering that online gambling is very new to the Austrian market.
In the future, you can expect a surge in the number of online casinos. Even in the event that the government imposes stringent rules, punters will be able to access these websites by masking their actual locations using VPNs. In addition to this, offshore casinos might also try to obtain Austrian permits to operate in the ‘.at’ cyberspace to capture the market. Austria is one of the leaders in gambling among the EU nations. This upward growth is expected to continue in the future and it is likely that the gambling scene will get better.
That is why it is the right time to dive into gambling irrespective of your gambling experience. You can find top-notch online casinos on 1Casino1 to help you earn hundreds of Euros. All you need is an Internet connection and some luck.
Austria Casino Online FAQ (5)
Is it legal to play on online gambling sites in Austria?
Yes, it is legal to place bets on various sports betting and online gambling platforms in Austria. However, you should be 18 years or above to participate in such activities. Furthermore, you must also choose a casino that is permitted by the government to avoid unnecessary confusion about legal procedures.
Do Austria authorities allow for online sports betting?
Yes, authorities in Austrian allow online sports betting. You can check out various state-regulated websites to select the game of your choice and try your luck. However, you must adhere to the legal restrictions such as age, avoid unfair trade, and stay away from suspicious activities.
Is online gambling safe for Austria?
Austria is one of the safest countries for online gambling. Since the majority of online casinos are supervised by the government, you can place your bets without worrying about your information or money ending up in the hands of fraudsters and thugs. Moreover, the legalisation of online gambling also allows users to maintain transparency with the government without needing to spoof your identity and location.
Are bonuses offered by online casinos in Austria?
Yes, you can get a lot of exciting bonuses from Austrian online casinos. If you’re signing up on a casino for the first time, you can expect offers such as a cent percent welcome bonus, hundreds of free spins, and discounts on subsequent wagers. However, keep in mind that in most casinos these offers are only for new users.
What are the available deposit methods?
You can deposit money into the casino through e-wallets such as PayPal, Skrill and Neteller. Traditional methods including online money transfers (citadel, iDEAL, POLi, etc.), and debit/credit cards are also accepted by a majority of the casinos. Additionally, you can transfer money using UseMyWallet, Click2Pay, and EwalletXpress.