Casinos to Rise in West Hungary

The Gambling Law was amended by the Hungarian parliament during 2005. The re-classifications affects the existing casinos licensed in Hungary.

According to the new amendment, a super casino is one that has over one hundred gambling tables and has one thousand gaming machines which are accessible to private investors.

The legal amendment coincides with the projected casino plan of Hans Asamer, an Austrian investor in partnership with Elis Gaming.

The plan is to build a huge casino complex patterned after Las Vegas at Bezenye, bordering both Austria and Slovakia.

The smaller gambling firms are protesting the amendment as the companies believe that they will be displaced by the new classification.

Reports said that the move by the Hungarian Ministry of Finance is to tailor suit to the projected casino plan of Asamer.

The Hungarian government is expecting an annual gaming intake of over fourteen million euros from the projected casino.

Bezenye's population is one thousand six hundred fifty people and would benefit from the 470 million Euros expected to be spent on the casino construction and another two hundred twenty eight million euros in the adjacent Experience City.

Matyas Schmatovich, mayor of Bezenye, is anticipating the gambling revenues to renovate school facilities and to build sports hall.

The casino is expected to give employment to more than six thousand persons.