12/12/2023 0 Comments Age for gamblingSince winning or losing is entirely dependent on chance and cannot be a certainty unless some sort of rigging or fixing is involved, then betting also qualifies as gambling. Hungary also defines gambling as the ‘receipt of a cash prize or something of value in the event of a certain outcome or future contingent event’. Hungary defines gambling as a ‘contest of chance or a game in which a player pays cash or any other form of consideration for the opportunity to participate’. This act also spells out how all concession contracts between third parties are handled. Conferring exclusive rights to the state of Hungary falls under the Act 16 of 1991 on concession. Horse racing is covered under joint decree No.20 of 5 November 1991 with its special rules on horse race betting. This decree spells out the rules and regulation that covers responsible gaming. Responsible gaming in Hungary is covered under Decree No. This decree covers the authorisation, surveillance of gambling in Hungary.
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