Tuesday, October 2, 2012 : GAMBLING A NATIONAL SECURITY ISSUE IN HUNGARY?
Determined to be caused by unnamed issues stemming from the gambling industry
A bill filed in the Hungarian Parliament today reportedly described unidentified gambling industry related issues as posing a threat to Hungary's National Security.
Going against State Secretary Janos Lazar's conservative family credo, Lazar said "Gambling is explicitly dangerous and harmful for society.” As such, he considers the matter a key priority for Government.
The ruling majority party is committed to rushing legal amendments to the law that would effectively prevent new, and remove existing, slot machines in low-range bars and pubs and other venues with the exception of state-concessioned casinos. A final vote is expected as soon as Tuesday reports Associated Press.
Budget revenue shortfalls as a result of the proposed slot machine ban will be compensated through new regulations and taxes on the mostly unregulated online gambling sector.
According to Lazar, the Justice Ministry is addressing a solution with regard to clamping down on illegal operators as well as regulating and taxing internet gambling.
A tax amendment proposal submitted by the governing Fidesz political party in September 2011 proposed the introduction of internet gambling operator permits and a 20 percent tax levied on net revenue