Gambling taxes in Austria

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Casino Gaming Austria’s first two casinos opened in 1934, in Semmering and in Baden. At present, there are 12 casinos, all operated under the state monopoly company Casinos Austria AG. All gambling operators pay 20% VAT tax on their operating … Read More

Barriers for gambling in Austria

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General As we will see in the following points, the Austrian model for regulation of gambling is a quasi state monopoly. The motivation behind the creation of a state monopoly was expressed by the legislator in the supporting documents (Parliamentary … Read More

Gambling taxes and law in Austria

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Taxes The GSpG contains tax regulations which apply to all types of games falling under the purview of this Act. A federal licence levy of from 2 to 27,5% calculated in accordance with the stakes, applies to Lotteries, but for … Read More

Economics of Gambling in Austria

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The total legal gambling market in Austria is only represented by two state monopoly companies. Their recent gross gaming revenue is shown below: Austrian Gambling Industry GGR for 2004: Company: 2004 GGR Österreichische Lotterien GmbH: € 618,325,910 Casinos Austria AG: … Read More

Gambling Restrictions upon Arts. 43 and 49 EC Treaty in Austria

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Justification National measure Compatibility with EC law, in particular with the principle of proportionality Public order, money laundering crime National measure § 3 GSpG (Glücksspielgesetz, Law on Gambling): State gaming monopoly § 14 ss 2 no. 1 GSpG: Domicile of … Read More

Casino Linz, Austria

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Rainerstraße 2-4, 4020 Linz Tel: +43/732/65 44 87, Fax: +43/732/65 44 87-17 222 E-Mail: linz@casinos.at Opening hours: Daily from 15.00 Jackpot Casino from 11.00 Closed on 24 December (Christmas Eve) Games Offer French-Roulette American-Roulette Astro Roulette Black-Jack Black Jack Imperial … Read More

Austria Translation Style Guide

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Full name: Republic of Austria. Note that the Austrian Bundesländer are called ‘provinces’ in English. Official language: German. Geography Cities Write Vienna for Wien. Otherwise, retain the original spelling, including any accents (e.g. Sankt Pölten). Lakes Write Lake Constance for … Read More

Gambling in Austria

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The Austrian system of legislation distinguishes between federal (Bundesgesetze) and state (Landesgesetze) laws. Gambling issues are therefore regulated both on a federal and state level. In Austria, land-based and interactive Gambling Services are a monopoly regulated by the federal Law … Read More

Illegal soccer gambling and Interpol

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Interpol had last year in October a very large operation involving Australia, China, Hong Kong, Macau, Malaysia, Singapore, Thailand and Vietnam to stop the illegal soccer gambling  which resulted in 423 arrests in 266 raids across the region, 272 underground gambling dens … Read More

Big investment in the Black Sea area (Romania, Bulgaria and Ukraine)

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10 billions Euros will be invest by Voest Alpine (voestalpine AG), Austria, in eight areas at the Black Sea, in Romania, Bulgaria and Ukraine, in order to build a siderurgical aggregated group of plants with 10,000 employees, build on 1,000 … Read More