Gambling in Austria is incredibly popular. It got so popular a few years ago that the government and Austrian regulatory authorities tightened regulations in an attempt to return to the levels that were present in the early 2000s. They have scaled back casino operations and put a lot of rules in place that make it nearly impossible for foreign operators to service Austrian residents.
Poker is one of the most popular forms of gambling here and it is offered at land-based casinos as well as through online operators. Austrian online poker players can play at sites such as Betsson, BetSafe and 32Red. Casino games are also popular both online and at brick-and-mortar sites, as are sports betting and horse racing. While there are some pretty strict regulations that make it difficult for foreign operators to saturate the market, there are plenty of very reputable gambling sites for Austrians to choose from.
Top 10 Gambling Sites for Austria
What are the Best Austrian Gambling Sites and Bonuses?
One thing that punters should know is that no matter how tight the jurisdictional regulations are, the top guns in the online gambling industry will almost always find their way in. Online betting in Austria is no different. The top brands are found here and they offer the highest standards and the best bonuses to Austrian online players. Ladbrokes offers a similar €500 bonus and Bwin and LSbet are not far behind with their respective bonuses of €200 and €120. William Hill and Interwetten, who offer a generous €100 welcome bonus, are among the nearly 200 Austrian online gambling sites.
If you are in the market for an absolutely incredible casino bonus then Play Grand Casino is offering customers a chance to claim a €10,000 bonus. There is no shortage of great Austrian gambling websites that offer awesome bonuses.
How Regulated is the Austrian Gambling Market?
The internet gambling industry in Austria is among the most tightly regulated in the world. Austrian internet gambling laws dictate that websites that are licensed and regulated there may only offer their services to residents. In response to increased gambling addiction and corruption, authorities made some amendments to the Gambling Act in 2014 aiming to curb these issues.
Despite the intense regulatory approach, internet and land-based betting establishments continue to thrive and are forecasted to continue to prosper. Austrian online gamblers are confident that this environment assures a safe and fair wagering experience.
Is Gambling Legal in Austria? What is the Legal Age?
Placing bets is 100% legal in here and it is a fast growing industry that contributes greatly to the economy. Along with the brick-and-mortar establishments, there are a growing number of legal online options. Of course, this has caused some negative side-effects such as a high rate of gambling addiction and underage betting but the government has taken steps to deal with these issues through recent amendments to Austrian gambling legislation.
The legal gambling age in Austria is 18 with the exception of lottery tickets. Online betting sites need to take strict measures to verify both the age and identity of those who want to place bets.
Does Austria Tax Gambling Winnings?
Gamblers are not required to pay taxes on their winnings and they aren’t allowed to write off their losses either. It is the casinos and online gambling operators who must shoulder the tax burden. The tax man takes a percentage of the gambling company’s earnings and they also collect revenue through licensing fees.
What Currencies and Payment Methods do Austrian Players Generally Use?
The official currency of Austria is the Euro and that is the commonly accepted currency among Austrian operators. Debit and major credit cards are the most popular methods that Austrians use to perform financial transactions with online wagering sites. Bank wire transfers are also frequently used. Prepaid credit cards and online services such as Entropay, Neteller, Skrill, Paysafe, and Ukash are also a fast and easy way to perform both deposits and withdrawals from Austrian internet gambling sites.
Make sure to check which payment methods are accepted at any betting site before you join. Different methods often have different limits and varying fees.