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Hungary to introduce payments ban for illegal iGaming

21st December 2017 9:11 am GMT

The government of Hungary has published draft amendments to the country's gambling legislation to require payment processors to block financial transactions with unlicensed operators.

They payments ban applies to all transfers and card transactions to and from gambling operators who do not hold a national licence, with transfers blocked on the basis of a blacklist and card transactions blocked on an MCC-code and country-code basis for internet payment service providers.

To implement the ban, Hungary's Gambling Supervisory [...]

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