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Protectionism in Favor of Casinos Austria and Novomatic?

Published: November 3, 2010; 12:09 · (Vindobona)

The licenses for lotteries and casinos after 2011 are already reserved for Novomatic and Casinos Austria, is the allegation.

Protectionism in Favor of Casinos Austria and Novomatic? / Picture: © Flickr

Substantial amendments were made to the Gaming Law by the Budget Law. The issue is about concessions for 15 casinos and lotteries, which will be the object of calls for tenders in 2011. Previously, the condition was that the applicant should own a corporation in Austria. This rule was however not compliant with EU law. Because of the high minimum capital required to form a…

This article includes a total of 245 words.

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