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Lower Austria aims to license online sports betting operators

13th August 2019 9:33 am GMT

Austria’s second most populous state, Lower Austria, has unveiled new sports betting legislation that will license online operators for the first time.

The Lower Austria Betting Act updates the state’s existing law which dates back to 1978 and covers retail sports betting operations, betting terminals and online sports betting.

The proposed legislation will require all sports betting operators serving players in Lower Austria to secure a license from the state government and provide a €150,000 performance bond, [...]

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