Yes, BetMGM operates legally in Austria under the Gaming Act 2020 and Gaming Act 2026 amendments, which permit online sports betting and casino games via licensed providers. The Austrian Gaming Board (Gaming Control Commission) enforces strict licensing, taxation, and consumer protection rules, ensuring compliance for operators like BetMGM.
Key Regulations for BetMGM in Austria
- Licensing Mandate: Operators must obtain a license from the Gaming Control Commission under the Gaming Act 2020, with renewal requirements every five years. BetMGM holds a valid license under this framework.
- Taxation Structure: A 5% tax applies to gross gaming revenue (GGR) for sports betting, while casino games incur a 20% tax on GGR, with strict reporting obligations to the Austrian Tax Authority (Bundesministerium für Finanzen).
- Consumer Protections: Mandatory self-exclusion tools, deposit limits, and advertising restrictions (e.g., no celebrity endorsements) are enforced under Gaming Act 2026 amendments, with BetMGM required to integrate these systems.
It is strictly regulated. Austria’s regulatory environment is among Europe’s most stringent, with the Gaming Act 2026 introducing stricter AML/KYC checks and mandatory responsible gambling disclosures. BetMGM must adhere to these rules or risk license revocation. Non-compliance with local advertising or tax obligations could result in fines up to €5 million.