The government of Hungary has been warned that legal challenges persist on the terms of the Gambling Act (1991), despite recent amendments to liberalise remote gambling services. The notice came from a report submitted to the Economic Chamber by Biró Marcell, the Chairman of the Supervisory Authority for Regulated Activities (SZTFH). SZTFH is the Hungarian supervisory body for regulatory and …
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The Supervisory Authority for Regulated Activities of Hungary (SZTFH) has announced that starting from July 1, it will initiate a campaign of enforcement against unlicensed online gambling businesses. Updating relevant parties, SZTFH states that from 1 July it will be granted new regulatory powers to monitor illegal transactions. These powers have been granted under Hungary’s new “Act of the Reorganization …
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New ‘technical measures and reforms’ specific to how sports betting businesses can operate will be introduced to Hungary’s Gambling Act (1991). The amendments have been drafted by SZTFH, the Supervisory of Regulatory Affairs which oversees policy development for gaming, tobacco, cyber-security and insolvency practices. SZTFH reforms are required due to Hungary adopting new legislation in 2022 to liberalise the country’s …
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EveryMatrix has confirmed the promotion of Tor Skeie to Chief Executive of its OddsMatrix sportsbook division. Skeie, the former Head of Product Development, will be responsible for overseeing OddsMatrix business which recorded a 28% year-on-year gross profit growth in 2022, and has secured several high-profile clients, including bet-at-home AG, the DACHS market bookmaker which replaced its legacy platform with EveryMatrix …
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EveryMatrix has secured a major commercial initiative, having won the public tender to serve as the lead sports betting software provider of Szerencsejáték, the operating firm of the Hungarian state lottery. Awarded the tender, EveryMatrix will be charged with building a new end-to-end advanced sports betting product for TippmixPro, Szerencsejáték’s online sportsbook brand. All functions and components of TippmixPro will …
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