New Online Gambling Licensing System in Austria

Discussion in 'Casino Industry Buzz and Terms Alerts' started by MissExposé, Sep 25, 2020.


    MissExposé Well-Known Member Staff Member

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    Sep 18, 2018
    Creation of a new online gambling licensing system in Austria is called by the Austrian Association for Betting and Gambling. OVWG is asking for new modern national licensing system that could generate up to 50 million euros in revenue share for sports clubs.

    Claus Retschitzegger, president of the OVWG, said: “Austrian sport and the gaming and betting providers have always been important business partners, which is why we want to support them in this difficult situation. A permanent way to make more money for sport is to introduce a contemporary online gambling licensing system. With additional taxes and license fees, €30m to €50m can be earned and dedicated to Austrian sport.”


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