Let’s lay it on the line; a slow payout casino is exactly what its name implies. Trying to withdraw your winnings quickly here is like beating a dead dog. But you don’t have to cling to gaming platforms that have you wait painfully for your money. Instead, try out fast payout casinos.
On this page, we bring you chart-topping gambling websites that accept players from Hungary. We’ll also show you the best banking methods to withdraw your winnings fast.
And, by the way, what causes withdrawal delays at online casinos? We’ll tell you the most common reasons for delays and their solutions. Let’s get this show on the road.
Welcome bonus
100% Up to €500 + 200 Free Spins
Super Fast Payout Time
Welcome bonus
$/€500 + 200 Free Spins + 1 Bonus Crab
Super Fast Payout Time
Welcome bonus
100% Up to EUR 1,500 + 100 Free Spins
Super Fast Payout Time
It’s hard to pinpoint the fastest payout casinos in Hungary. After evaluating several brands, our experts at Fast.bet shortlisted the following:
My Empire Casino Review
Licensed in Curacao, MyEmpire is a legitimate Hungarian online casino. It is run by Rabidi N.V., a gaming company with an excellent reputation. The casino lacks a mobile app but has a web version. It’s user-friendly and works pretty much the same as the PC version.
There are 20+ reliable banking methods for seamless and fast withdrawals. They include Skrill, Bitcoin, Jeton, and Tether. The pending period for withdrawals takes 24 to 72 hours. There are no fees involved.
Over 100 software developers have partnered with MyEmpire. On the list are heavyweight providers such as BGaming, Pragmatic
Play, and NetEnt. Under the casino section are various game categories that smoothens navigation. You can enjoy titles under slots, mega ways, live games, and table games.
Demo versions are available in case you want to familiarize yourself with a game. They’re also perfect for honing your skills. The customer support system is dependable. It comprises a professional and friendly customer care team. You can reach out via email and live chat in case of any queries.
Spinanga Casino Review
Operating under Rabidi N.V., Spinanga is a multilingual gambling platform that supports Magyar. It has a licence from the government of Curacao. Thus, it ticks the box for legitimacy.
The finance department features over 20 banking options. Cryptocurrencies comprise more than half of the payment section. Here, you’ll find popular digital coins such as BTC, ETH, and DOGE.
Spinanga accepts the Forint. This is great news if you use HUF. You won’t have to bother about currency conversions and fees.
The operator has set 5000 HUF as the minimum withdrawal amount. This limit stands regardless of the payment method you use.
Meanwhile, the maximum withdrawal amount is 1,000,000 HUF. The only exceptions are credit cards via bank transfers. The maximum amount you can withdraw is 350,000 HUF.
When you request a withdrawal, the casino will work on it within 3 business days. The financial department agents only work on weekdays from 6 AM to 5 PM.
Powbet Casino Review
Just by looking at its innovative design, you can easily tell Powbet is from Rabidi N.V. This legit gambling website has a licence from Curacao.
The banking section is region-based. That means the payout methods you’ll come across accept residents of Hungary. Speaking of that, Powbet supports the Hungarian Forint. This cancels out the need for currency conversions.
Electronic wallets and cryptocurrencies are some of the fast payout methods you can use. Cryptocurrencies take the largest share of the payments area.
All withdrawals, regardless of your payment method, have a 0% fee. Moreover, the casino works on all withdrawal requests within 3 business days.
The minimum amount you can take from your account per transaction is 5000 HUF. Meanwhile, the maximum amount is 1,000,000 HUF.
Online since: 2021
Website: powbet.com
Posido Casino Review
From its name and theme, you can easily tell Rabidi N.V. derived the name of this casino from Poseidon (god of the sea). This innovative online gambling site has a permit from Curacao and accepts players from Hungary.
The banking section is country-based. This means the payment methods you can use on the platform accept Hungarian citizens.
Posido backs the Forint, Hungary’s currency. This eliminates currency conversions. That means you won’t have to worry about conversion fees.
Some of the banking methods are cryptocurrency, bank transfers, and electronic wallets. Popular e-wallets on the platform include Mifinity and Jeton. Cryptocurrencies are faster options and make up the majority of the banking area.
There is never a cost for any withdrawal, whether you use crypto or e-wallets. Additionally, the casino processes every withdrawal request in three working days.
You can withdraw no less than 5000 HUF per transaction from your account. The highest sum, nevertheless, is one million HUF.
Online since: 2022
Website: posido.com
Playio Casino Review
Are you a fan of the Jumanji franchise? If yes, you’ll love Playio Casino. Rabidi N.V. has done a superb job on this brand regarding theme and design.
Playio supports Magyar. It’s among the 15+ language options available on the site. As a player from Hungary, you won’t have trouble navigating the website.
Withdrawing funds is as easy as pie, thanks to over 20 banking methods. You’re at liberty to choose from a list of cryptocurrencies, e-wallets, and credit cards.
The least amount you can withdraw is 5000 HUF. As for the maximum withdrawal, the limit stands at 1,000,000 HUF for most banking methods.
When it comes to the safety of your transactions, take it easy. Playio uses only the latest security tools to safeguard your personal and financial details.
Online since: 2024
Website: playio.com
Verde Casino Review
Established in 2022, Verde Casino operates under Briantie Limited. This gaming company has a licence from the Republic of Cyprus.
The casino focuses on flexibility and security. It has partnered with over 100 payment providers to guarantee an efficient banking system.
You can pick a payout method from a list of popular credit cards such as MasterCard and Visa. Neteller, Trustly, and Skrill are some of the e-wallets available.
The withdrawal process will be smooth if you’ve completed the KYC checks. On average, the casino will work on your withdrawal request within 5 minutes to 96 hours.
After approving your cashout request, how soon you get your winnings depends on your payment provider. For that reason, go for rapid payout methods such as e-wallets.
Tested Fast Payouts
Anyone can recommend an online casino. After all, it’s just a matter of mentioning names, right? But that’s not our style. Before we endorse a gambling site, we have to dissect it and evaluate its ins and outs. No one-sidedness. Just a complete, honest analysis.
The Most Reputable HU Casino
When it comes to ranking online casinos, we use strict criteria to ensure you get only the best. At Fast.bet, we go through player comments and counter-check with our experience. Only reputable Hungarian gambling sites make it to our list.
Safe and Legit
Since gambling online involves real money, your safety remains our number 1 priority at Fast.bet. We only recommend Hungarian casinos with valid licences from reputable regulators. Also, brands with strong security features make it to our list of the top Hungarian gambling platforms.
As a gambler, you play a major role in withdrawals. Playing at any casino with any payment method doesn’t guarantee a fast payout. Here’s what you need to do to ensure you get your winnings at the right time:
To get fast withdrawals, you need to select a casino with short pending periods. Such casinos are quick when it comes to processing your winnings. We have the full list on this page, so pick one that tickles your fancy.
As soon as you sign up at a Hungarian online casino, verify your account. It may seem burdensome, but it’s worth it. When you go through the KYC checks early enough, you will have a smooth withdrawal process.
Verify that the payment and personal information you provided are always accurate and current. Errors or outdated information may slow down your withdrawals.
While you may tick the boxes for the above, your choice of banking method is crucial. If you choose a slow payout method, you’ll have to painfully wait for your winnings. For that reason, go for payment methods that process withdrawals instantly.
As mentioned, you don’t have to go through a string of casinos to get the right one. It’s not easy in the first place, considering there are hundreds of Hungarian casinos in 2024. Our experts have already done all the legwork, so you don’t have to look for the best gambling sites.
Here are the fastest withdrawal casinos in Hungary you should go for in 2024:
At Fast.bet, we go through the nitty-gritty of online casinos in Hungary. Brands with even the slightest dent don’t make it on our list. This way, you can be sure the casinos we recommend are top quality.
So, what exactly do we look at when analysing online casinos for Hungarians? First, we check the payout speed. A casino with a short pending period makes it a potential candidate for endorsement on our site.
Also, we look at the supported banking methods. Here, brands collaborating with well-known payment providers get the upper hand.
Still on banking, we check the fees for withdrawals. If a reputable online casino has reasonable or no withdrawal fees, we add it to the list.
Table of Facts
Instant payout casinos in Hungary | 10 |
Same day payout casinos | 15 |
24-48 hours payout casinos | 30 |
Hungarian crypto casinos | 10 |
Hungarian licensed casinos | 30 |
#1 Fastest payout casino in Hungary | *** |
Fastest payout methods in Hungary | Bitcoin, XRP, Skrill |
Slowest payout method | Bank wire |
Fastest verification casino | *** |
When casinos perform KYC checks, they’re interested in learning everything about you. There is a lot of paperwork involved, and it’s best if you have all the documents ready. Here’s a step-by-step process for verifying your online casino account:
Time needed
05:00
Tools needed
Latop or mobile
Software needed
Online casino
Submit Your Identification Document
If you have your national Hungarian identity card, you can scan it and send it. If not, you can send a copy of your passport, voter’s ID card, or a valid driver’s licence. These documents show you’re of legal age to gamble.
Take a Selfie
After sending your identification document, the casino may request you take a selfie holding the document. If it’s an ID, for example, take a selfie while holding it close to your face. Ensure the photo is clear and the ID details are visible.
Verify Your Address
Proof of address confirms where you live. When uploading these documents, ensure they contain your address and official name. Some of the documents you may upload include a phone bill or utility bill.
Proof of Funds
Where do you get the money to gamble with? That’s a question the operator may need answers to. If it’s from your salary, you can send your payslip. You can also send your bank statement (not older than 3 months).
Proof of Payment Method
The operator may need to know whether the banking method you’ve chosen is yours. Notably, most Hungarian gambling sites don’t accept third-party payments. Here, you may send a screenshot of the payment methods with your names on it. If it’s a credit/debit card, only send a photo of it showing the last four or first six digits of the card.
There are plenty of international banking methods that accept Hungarian citizens. Here are the top ones that guarantee timely withdrawals of your casino winnings:
Skrill tops the list of the fastest Hungarian banking methods for several reasons. First, it accepts the Hungarian Forint. That means you won’t waste time converting your currency (if you use the Forint, that is).
Even if you don’t use the Forint as a Hungarian player, you can choose from plenty of currencies available. Skrill supports over 40 different currencies, catering to a wide range of players. If your currency is on the list, that cancels out conversion fees.
This banking method is also reliable when it comes to withdrawal speeds. On average, withdrawing your winnings takes less than 24 hours. So, you can consistently pocket your money each time you play online.
If you’re not into Skrill, why not go for Neteller? It’s a banking option that operates under the same parent company (Paysafe Group) as Skrill.
Neteller is available in most EEA countries, including Hungary. Unfortunately, HUF is not among the 20+ currencies accepted. That means you’ll need to convert into the available currencies.
This banking method processes withdrawals in less than 24 hours. You don’t have to worry about transaction fees. Most HU casinos don’t charge fees for withdrawing funds with Neteller.
You can get the Neteller app on Google Play if you’re an Android user. For Apple users, the application is available on the App Store.
In Hungary, you won’t get into trouble if you use Bitcoin or other cryptocurrencies. While they’re not legal tenders, it’s not illegal to make BTC transactions.
Not all online casinos in the Great Hungarian Kingdom are crypto-friendly. But if you’re a crypto fanatic, there are plenty of Bitcoin-friendly brands to choose from.
With Bitcoin, you can be sure of rapid payouts. It processes casino withdrawals in less than 10 minutes. This means you’ll always have your winnings when you need them.
Bitcoin doesn’t charge withdrawal fees. Also, the best Hungarian online gambling sites accepting this banking option don’t charge transaction fees.
Formerly ecoPayz, Payz is a top payment method serving players residing in Hungary. Founded in 2000, it’s an experienced banking provider that guarantees safe transactions.
It comes with a mobile application available on Android and iOS devices. With the app, you can withdraw your casino winnings anywhere, anytime.
Payz accepts the Hungarian Forint. It’s among the 50+ currencies it supports. If you use HUF, you won’t have to worry about conversion delays and fees.
When it comes to speed, it processes casino withdrawals within 24 hours. The good news is that most Hungarian casinos that accept Payz don’t charge withdrawal fees. This means you’ll keep most of your winnings.
Available in over 200 countries, PayPal operates in Hungary. Since its debut in 1998, it remains the most popular electronic wallet in the Budapest Beacon.
It supports over 25 currencies, including the Hungarian Forint (it doesn’t support decimals, though). For most Hungarian gamblers, there’s no need to convert their Forints.
The payout method processes withdrawals in less than 24 hours. You don’t have to worry about the safety of your transactions. PayPal monitors all deposits and withdrawals 24/7 to prevent fraud, identity theft, and email phishing.
It’s available on Google Play and the App Store. This allows you to make your casino withdrawals on the go.
There are over 23,000 cryptocurrencies, but not all of them are active. The table below summarises the best-known digital coins and their transaction times:
Crypto | Transaction Time |
Bitcoin | Less than an hour |
Ethereum | Within 5 minutes |
XRP | Less than 10 seconds |
Dogecoin | Within an hour |
Solana | Less than 10 minutes |
Different classes of payment methods have varying transaction times. We’ve summarised different categories from the slowest to the fastest in the table below:
Payment Type | Transaction Time |
Bank Transfers | Within 5 days |
Credit Cards | 2-3 days |
Electronic Wallets | Less than 24 hours |
Cryptocurrencies | Within an hour |
There are plenty of fast-payout online casino sites in Hungary. However, your choice of banking method is crucial. If you select a slow-payout method, your transactions will also lag.
On the other hand, you can be sure of swift transactions if you choose instant payout methods. Besides immediate transactions, here’s what to expect when you use these options at online casinos:
For online casino players, the KYC process has always been a difficult and drawn-out procedure. Most Hungarian gamblers want to play and win money. Nothing more.
Thankfully, if you prefer gambling anonymously, there are plenty of online casinos that don’t request KYC documents. These sites don’t require players in Hungary to wait days for the submission of any paperwork.
Online casinos that don’t require verification have alternate names. You can call them No ID or No KYC gambling sites. Here’s what to expect when playing on such platforms:
You may be a selective casino player who prefers gambling on certain websites. To make it easier for you, we’ve categorised No Verification Hungarian casinos into the following types:
Thanks to technological advancement, manual withdrawal approval at online casinos has become almost obsolete. The approval and processing of withdrawal requests is automatic.
Getting your earnings from real money in Hungarian casinos quickly adds to the excitement of playing online. Here’s where rapid payout casinos come into play, providing instant access to your winnings.
Improved management of cash flow: Automatic payouts allow you to receive your earnings right away, which improves your money management. When you get your casino winnings on time, you can effectively budget the funds.
Enhanced confidence in the casino: A prompt payout gives an online Hungarian casino a sense of credibility and dependability. You can play with confidence, knowing that they won’t hoard your winnings for a longer time than necessary.
Greater satisfaction: A fast withdrawal following a win enhances the overall satisfaction of playing. It allows you to immediately see the fruits of your skills.
Reduced stress: Waiting for a casino payout for a long time is upsetting. However, withdrawing your funds quickly relieves this tension. You can concentrate on having fun because you’re sure you’ll get your money on time.
When it comes to the regulation of cryptocurrencies, Hungary has adopted a more lax stance than many other nations. Notably, there isn’t currently any explicit legislation regarding cryptocurrencies. Nonetheless, since 2017, the authorities have acknowledged them as legitimate forms of payment.
Hungary’s Bitcoin casinos are laying the groundwork for a smooth shift from centralisation to decentralisation. Playing on these platforms guarantees unmatched security and incredible functionality.
That said, here are the top Hungarian crypto casinos you should consider:
Bitcasino.io Review
Bitcasino, as its name suggests, is a crypto-only gaming platform. There are over 10 banking methods, including Bitcoin, Cardano, and Ethereum. The withdrawal processing time, regardless of the payment method you use, is 3 days.
You can enjoy 4900+ slot machines and over 150 live dealer games. These games are from industry-leading software developers like NetEnt, Microgaming, and Yggdrasil.
Bitcasino offers plenty of bonuses for existing players and a generous offer for new members. If you’re a high roller, there’s a VIP program with benefits only fit for kings.
Bets.io Casino Review
If you enjoy playing at crypto-only casinos, Bets.io should be one of your considerations. Here, you’ll find over 10 cryptocurrencies, including Bitcoin, Ethereum, and Bitcoin Cash. With these, you can be sure of under-30-minute withdrawals.
Notably, Bets Entertainment N.V., a well-known gaming company, owns this gambling website. It operates with a licence from Curacao.
There are 6000+ games grouped under several categories, such as slots and table games. The finest software developers have powered the game library at Bets.io. So, you can be sure of top-quality titles with fair outcomes.
The Bitcoin casino in Hungary has an application for desktop and mobile devices. It’s only available on the official Bets.io website.
Online since: 2021
License: Curacao
Website: bets.io
Fast withdrawals
Live chat is open 24/7
Mobile optimized games
Neon54 Casino Review
Owned by Rabidi N.V., Neon54 is a top Bitcoin casino that debuted in 2021. It’s legit, thanks to a valid licence from Curacao.
The payments section comprises a cocktail of banking methods, including cryptocurrencies. The processing time for BTC withdrawals is between 24 and 72 hours. Withdrawal limits range from 5000 HUF to 1,000,000 HUF.
This platform features over 9000 games from 120+ software developers. You can enjoy free-play versions of most games without signing up.
While Neon54 doesn’t have a mobile app, you can still play games on your phone. Its mobile web version works seamlessly with all devices.
Online since: 2021
License: Curacao
Website: https://neon54.com/
No payment fees
Crypto friendly
Over 60 providers
There are plenty of online casino bonuses to claim in Hungary. But some of them have crazy wagering requirements. If you’re looking for promos to wager faster, consider these:
So why play at a fast withdrawal casino and not standard online casinos? Here are the top reasons:
The primary regulator of gambling activities in Hungary is the Supervisory Authority for Regulatory Affairs (SZTFH). It licences, supervises, and controls gaming enterprises. In addition, it vigorously combats unlawful gambling and protects consumers from harmful advertising.
Some of the gaming activities are liberalised based on the regulations in effect. These include operating card rooms, raffle games, and remote gambling. Other forms of gambling, meanwhile, are either restricted to public operators only or require concessions.
As of January 1, 2023, all Hungarian and European Economic Area state firms are eligible to organise remote gambling in Hungary. The only requirement is that they fulfil the legal requirements. This is part of the liberalisation of remote gambling.
Advocating for licensed gaming operators increases the number of market participants in Hungary. This creates fair competition in the market and allows more operators onboard.
The operator of each slot machine must pay the Authority a gambling monitoring fee every six months. This amounts to HUF 10,000 per machine for the supervisory duties of the Authority. The payment must also be accompanied by submitting a statement to the Authority on the supervisory fee payment.
A portion of the supervision charge must be paid if the registration period is shorter than six months. Fulfilling the supervision fee requirement does not replace fulfilling the declaration duty, though.
Notably, all casino operators must meet the statutory capital level to be granted a gambling licence. They must maintain statutory capital of up to HUF 1 billion or at least 100 million.
In 2024, online casinos that accept gamblers from Hungary keep mushrooming. These sites allow you to easily and quickly get hold of your winnings.
Remarkably, there are plenty of the fastest withdrawal casinos based on your specifications. You can choose sites that process payouts in under one hour or less than 24 hours.
Remember, if you use bank transfer or credit cards at these casinos, you’ll still experience delays. To get the full benefits of new online casinos with fast withdrawals, consider fast payout methods. Electronic wallets and cryptocurrencies are great options.
Don’t struggle to look for new fast cashout casinos. We’ve shortlisted the best gaming sites for you.
Welcome bonus
100% Up to EUR 1,500 + 100 Free Spins
Super Fast Payout Time
Welcome bonus
200% Up to $/€200 + 200 Free Spins
Super Fast Payout Time
Welcome bonus
Up to €/$500 + 100 Free Spins
Fast Payout Time
Welcome bonus
100% Up to €500 + 200 Free Spins
Super Fast Payout Time
Is there a casino in Hungary that pays out in under 1 hour? Well, there aren’t many of them out there. In the table below, we summarise the top under-1-hour withdrawal casinos that accept Hungarian players:
Casino | Withdrawal Time | Payment Methods |
Hellspin | Under 15 minutes | Bitcoin, Jeton, Payz, Skrill |
Bizzo | Under 1 hour | Ethereum, Bitcoin, Neteller, Skrill |
Winsane | Less than 15 minutes | Mifinity, Bitcoin, Ripple, Jeton |
Table of contents
There are plenty of reasons why your winnings are not reaching your end. Below, we’ve provided the most common reasons and the remedy for each:
For legal compliance, online casinos in Hungary must perform KYC checks. This allows the operator to know all its patrons fully. Before withdrawing your winnings, you must go through the verification process.
If you fail to do so, you’ll experience withdrawal delays. To ensure smooth withdrawals, verify your account before cashout time. You don’t have to wait until you want to withdraw your winnings.
Not all payment methods are the same when it comes to transaction speeds. If you experience withdrawal delays, there is a high chance you did not pick a fast payout method. Maybe you chose bank transfer, which is usually excruciatingly sluggish.
The solution? Go for a rapid payout banking method such as cryptocurrencies and popular electronic wallets. These payment methods process withdrawals in less than 24 hours and are as safe as bank transfers.
Like payout methods, not all Hungarian gambling websites are fast in processing withdrawals. In case of payout delays, you’re likely playing at a casino with a long pending period. This simply means the operator takes a long time (48 hours, for example) to process your request after receiving your withdrawal request.
The remedy? Go for online Hungarian casinos with short pending periods. These casinos begin processing your requests in a couple of hours. Others even begin instantly after getting your request to withdraw funds.
Digital hiccups are common when making online financial transactions. Maybe there are system issues at your bank causing delays. Sometimes, the casino could be experiencing technical glitches and they’re unable to process your transactions at that moment.
Before contacting your bank in such cases, reach out to customer support at the casino. Everything is fine on their side? Call your bank to know if there are digital snags on their side. You can also reach out to the customer support of your electronic wallet.
During peak periods, the casino or your payment provider may get overwhelmed. It’s like queuing for shorter periods at your favourite restaurant on weekdays. If people flock to the restaurant on weekends, you’ll most likely queue for a longer period.
In such cases, you can contact the customer care representatives at the casino. Doing so reassures you that you’ll still get your money despite the delays.
Have you checked your account balance? Maybe you’ve requested an amount bigger than the funds in your casino account. In such events, the casino will not process your withdrawal request.
The solution for this is to request the exact balance in your account. If a casino doesn’t allow players to withdraw all their funds, you can cash out a lower amount.
Casinos in Hungary usually set daily, monthly, or weekly withdrawal limits. Say you request a HUF 10,000 and the limit per transaction is HUF 5000. There will be delays in such cases.
The solution to this is just being patient and withdrawing smaller amounts. Alternatively, you can join the casino’s VIP program for higher caps. An even more permanent remedy is playing at Hungarian gambling platforms with higher limits.
Some casinos don’t process withdrawals 24/7. Others operate around the clock but are unavailable on weekends or holidays, like Nemzeti ünnep. So, if you request your withdrawals during these days, you’ll likely experience delays.
Before playing at an online casino in Hungary, check the withdrawal terms and conditions. Think such casinos will inconvenience you in the future? Consider playing at Hungarian online casinos that process withdrawals 24/7 (even during the Budapest Spring Festival).
If you’re playing at an online gambling website that doesn’t support HUF, you may need to convert your currency. While it shouldn’t take long to do so, there may be hold-ups sometimes.
There are two solutions to this. First, contact the casino or your bank and ask when you should expect your money. A more permanent solution would be to play at an online casino that accepts HUF.
Rogue gambling websites can leave you high and dry. And they won’t just walk away without notifying you. They’ll take all the money (including yours) and leave you eagerly waiting for your winnings.
If it were a legit Hungarian casino, it would be easy to request a refund. But for a shady brand that just opened, operated for a while, and closed, it’s a different story. The best course of action in such cases is to only play at legitimate online casinos.
We mentioned that some casinos still cleave to old-fashioned manual verification and processing of withdrawals. If you play at such sites, expect delayed withdrawals.
The remedy for this is to switch things up and go for automatic verification gambling websites. They guarantee quick payouts and rapid verification.
Whenever financial institutions upgrade their services, it’s common to get transaction delays. So if you experience delays in withdrawing your winnings, this could be the issue. And it’s not just banks that perform upgrades; casinos may also carry out some changes that may delay transactions.
If you have not received notifications regarding the upgrades, contact the casino. You can also reach out to your bank or payment method provider. This is just to be sure where the issue is and how long it will take to resolve.
Most online casinos pay out mini or mega jackpots in instalments. Such information is usually available on casinos’ withdrawal policies. So, if you land a windfall, expect delays.
You’ll hardly find an online casino that processes jackpots all at once. For that reason, play at a legitimate online casino. This assures you the remaining funds are safe.
In 2023, Szabályozott Tevékenységek Felügyeleti Hatósága (SZTFH) began blocking unlicensed gambling websites. It has continued with the same spirit in 2024 and has not spared online casino affiliates.
Interestingly, SZTFH has blocked about 450 domains. This includes those of online casinos, sports betting sites, and crypto gambling websites.
There have been recent attempts to eliminate illegal gambling businesses from the Hungarian market. This follows the protracted legal battle between unlicensed operators and the Hungarian government.
You may recall that in 2014, the regulator started restricting unlicensed websites, which led to several lawsuits. Following this was a ruling by the Court of Justice of the European Union (CJEU) in 2017. The court lifted all restrictions on casino operators based in the EU.
But in 2023, the government allowed commercial gaming companies to apply for operating permits. However, bans were imposed once more on those who did not have the necessary licenses. According to the licensing requirements, candidates must have a license in an EEA nation for 5 years before submitting an application.
No foreign operators have submitted an application for a license to offer online casino or sports betting, according to the SZTFH. In fact, following the regulator’s actions to outlaw illegal websites, most casino operators have subsequently left the Hungarian market.
Hungary’s primary gambling services provider has been Szerencsejáték Zrt, a state-owned enterprise. It managed Hungary’s lotteries and one of the two licensed local casinos. This gave it a stranglehold on the gambling market in the nation until 2012.
Many predicted that the country would abandon its monopolistic structure. They anticipated it would provide international operators access to the Hungarian gambling sector after entering the EU.
But it wasn’t until 2013 that the government gave in to public pressure. It changed the legislation to let in foreign online casino operators. Notably, there was a widespread belief that these legal modifications would allow foreign companies to enter the Hungarian gambling market. Apparently, though, the shift to a non-monopoly structure has not been easy.
It’s clear the Hungarian government uses hefty taxes to keep foreign enterprises out of the country’s gambling market. For instance, offshore gambling corporations must pay a fee of HUF 140,000,000 to operate in the country.
Additionally, foreign gaming companies must apply for a license from the Gambling Supervision Authority. This is the Hungarian body responsible for ensuring license holders follow the rules set forth by the country’s legislation.
Adopted on July 22, 2022, the end of the gambling monopoly is outlined in a significant change to Act XXXIV of 1991 on Gambling Operations (Gambling Act). It allows for a competitive market starting on January 1, 2023. However, the right to operate online casino games will continue to belong to national land-based casino concessions owners.
Any casino you play at has its ups and downs. Here’s what to expect when gambling at fast payout Hungarian online casinos:
Pros
Cons
Yes, online gambling is legal in Hungary. The government legalised online casinos in 2013.
These gambling sites have generous bonus offers. They also feature fast payout methods and have plenty of slot machines and table games.
They are online casino sites that offer no deposit bonuses. You don’t have to deposit anything to claim these offers.
The Supervisory Authority for Regulatory Affairs is in charge of licensing casino operators in Hungary. To get a casino licence, an operator must send an application to this regulatory body. And to maintain it, they must always abide by the rules.
In case of any complaints, reach out to the casino’s customer support first. If they’re unable to solve your issue, contact third-party resolution agencies such as ThePOGG. For casinos with a licence from SZTFH, reach out to the regulator via the contacts on their official website.
Yes, most are safe. But only if you choose a licensed platform. There are several rogue gambling platforms, so pick one from the recommended brands here to be safe..
Yes, you’ll get the same bonuses that are available to PC users. Also, you’ll access all other features, including games and payout methods available on the desktop version.
No, fast payout online casinos in Hungary don’t charge extra fees for rapid withdrawals. In fact, most don’t even charge withdrawal fees.
You first need to identify a reliable, fast payout Hungarian casino. You can pick from our list on this page. After that, sign up, fund your account, claim the welcome bonus, and enjoy your favourite games. If lucky, you win and cash out your money on the same day.
Petter is passioned about fair gaming and online casinos. He reviews the deposit, verification & payout times of each of the casinos at fast.bet manually.