PAYMENT METHODS AND ONLINE CASINOS IN AUSTRIA
Top Casinos and Best Banking Options for Austrian Players
When discussing major European gambling markets, online casino reviewers often mention Germany, the UK and Scandinavian countries and rarely Austria. Casino Banking Methods is here to correct such a ghastly injustice and dedicate a whole page to gambling and making deposits online in Austria. Being very popular in the country, gambling is a subject of strict regulations put into force by the government to maintain control over the market and curb possible gambling problems among residents.
Austria is known as the cultural capital of the world, but judging by the statistics Austrian people like to spend their time and money on simple pleasures and casino entertainment as well. Where do Austrians find the time, with all the skiing, hiking, coffee drinking, wurst nibbling and Danube cruising – we don’t know! But the facts are facts, are since you Austrians are so fond of placing bets on casino games, we are here to help you find the best online casinos for Austrian players and the best banking methods available in Austria.
Austrian citizens have access to hundreds of international gambling websites and a local site here and there, which makes for a wide range of options to consider. In general, Österreichische casinos are not hard to come by, so we’ve taken a closer look at what the market offers. While doing so, we’ve paid special attention to the banking systems that are supported and how do they measure up to the rising demands of Austrian online casino players.
Best Austrian Online Casinos 2020
Many people in Austria enjoy taking part in gambling activities as a pastime, and the industry is thriving. Numerous casino websites are only a few clicks away, so accessibility is not the issue. It is quality what all of us are looking for. So, the next time you go online, visit nothing but the best Austrian casinos online for the most fulfilling experience. Don’t know where to begin? Take a look at our top selection below.
- No wagering requirements
- High limits
- Excellent live casino
- Impeccable reputation
- 200+ live dealer tables
- Seven gaming licences
- Excellent track record
- Very fast withdrawals
- 170+ live dealer tables
- 10-minute cashouts
- Impeccable reputation
- Over 200 live dealer tables
- 6,500+ casino games
- 200+ live dealer tables
- 140+ payment methods
King Billy
18 + | New Customers Only |
T&C Apply- Great table game options
- Four live dealer providers
- Cryptocurrencies accepted
- Over 6,500 games
- 300+ live dealer games
- Stunning array of banking options
Masked Singer
18 + | New Customers Only |
T&C Apply- Lightning-fast payouts
- The Masked Singer branding
- Top-notch live casino
King Billy MGA
18 + | New Customers Only |
T&C Apply- Over 4,000 casino games
- Free deposits & withdrawals
- Plenty of native live tables
Royal Panda
18 + | New Customers Only |
T&C Apply- Impeccable reputation
- Fast cashouts
- Impressive live casino
Top Casino Banking Methods in Austria
Choosing a reliable and efficient banking method is just as important as choosing a reputable, high-quality online casino. To enjoy the real money gaming to the fullest, you need to make quick and painless online casino deposits. The best way to do it is to use high-rated, trusted online gambling banking methods. Which are those when it comes to Austria in particular? Keep reading, and you will find out.
Review & Best Casinos
- Premium option for Austria
- Wide acceptance at casinos
- Multiple security features
Review & Best Casinos
- A highly secure payment solution
- Great option for Germany, Austria
- Instant casino deposits
Review & Best Casinos
- Fast casino transactions
- Available around the globe
- 165 supported currencies
Review & Best Casinos
- A leading payment solution
- Maximum security
- Fast & easy casino transactions
Review & Best Casinos
- Quick casino deposits & withdrawals
- Available around the globe
- Designed with iGaming focus
Review & Best Casinos
- Quick casino deposits & withdrawals
- Available around the globe
- Designed with iGaming focus
Review & Best Casinos
- Instant deposits & withdrawals
- Safe and reliable e-Wallet
- Widely accepted at casinos
Review & Best Casinos
- Fast and secure transactions
- Free casino deposits & withdrawals
- High maximum cashout limit
Laws and Regulations on Online Gambling in Austria?
Austria poses for a unique landscape when it comes to perceiving gambling and approaching it as an integral part of society. The legislation distinguishes between “proper” gambling (gambling involving large sums of money) and so-called “small gambling”, or “kleines glücksspiel”. This category includes gambling with small bets. Therefore low-stakes card and table games, as well as low-stakes slot machines, are considered forms of “small gambling”. Certain Austrian states have their own laws, but generally speaking “proper” gambling is allowed in casinos only, whereas “small gambling” can take place basically anywhere.
Currently, gaming and gambling activities in the country are controlled according to the rules imposed within the Austrian Gaming Act (Glücksspielgesetz), which was passed in June 2010 and came into effect in 2011. This act is also referred to as the Law on Games of Chance (GSpG, for short). Gambling activities fall within the remit of the Ministry of Finance, which is also the responsible authority for the supervision of licensed companies. As of July 2020, the Austrian Tax Authority became a regulator of electronic gambling. Austria’s finance minister called for an independent gambling regulator to be established, speaking on one of the local television stations in March 2020.
In practice, the Austrian gambling scene represents a monopoly. Of the 15 available licences for land-based casinos, Casinos Austria AG holds 12, valid until 2027. The remaining three licenses were revoked. Österreichische Lotterien GmbH is the only one with a license for lotteries, electronic lotteries and VLTs. There is only one online gambling operator approved to provide local players with online casino and poker products, Win2Day – a subsidiary of Casinos Austria. Austrian citizens are free to join foreign websites, as access to them is not blocked by local authorities.
Can Casinos That Accept Austrian Players Be Trusted?
Each online casino player should always question the trustworthiness of the casinos on the web that comes their way. That being said, we believe this is a very important subject to address in each of our market presentations at CBM. As for Austrian online casinos we’ve been able to test and evaluate, they can be fully trusted. Starting with their license and customer treatment policy, across software quality and fair bonuses to dedicated support and convenient, locally-accepted banking, there is very little room for doubts, if any.
It is true that the online gambling market in Austria is dominated by EU-based operators and licensed operators not holding an Austrian licence. However, that makes little difference to an average player. Websites licensed in the UK, Gibraltar or Malta are catering to Austrian citizens at their own risk of being fined by the Austrian administration. The jurisdictions that do regulate their operations are doing a good job, nonetheless. Government efforts to strictly regulate online gambling activities are considerable. However, until a better national system of regulation is established, Austrian players are not falling behind other European nations in terms of joining reputable online casinos.
Best Casino Bonuses for Austrian Players
Fortune Legends
Free Spins
No Wagering
Not needed
None
Ongoing
€150
No maximum
PlayOJO
Free Spins
No Wagering
Welcome Package
Not needed
None
Ongoing
€10
No maximum
5% Live Casino Cashback
Cashback
No Wagering
Not required
None
Ongoing
€2
No maximum
Masked Singer
Deposit
Free Spins
Not needed
60x (Free Spins winnings)
Ongoing
£10
£100 for Free Spins
35% Instant Cashback
Cashback
Not required
10x
Ongoing
$10
No maximum
Gambola
No Wagering
Not needed
None
Ongoing
€10
No maximum
LeoVegas
Deposit
Not needed
20x
Ongoing
€10
No maximum
Evolution Free Chips Promo
No Wagering
Not required
None
28 Feb 2021
50 mBTC
No maximum
Local Payment Methods to Consider
It perfectly clear to us that most players feel the most comfortable when they can make use of a banking method that is already familiar to them, easy to use, easily accessible and allows them to make deposits in local currency. Austrian audience has at least one local method that is well-supported by online casinos, and that is EPS.
EPS Uberweisung is an instant banking payment option that was developed by the Austrian government in collaboration with local banks in 2001. You can take advantage of the services offered by EPS if you are a client of Raiffeisen, Erste Bank or Volksbank, for example. Apart from EPS, which is one of the best deposit options in Austria, online casino depositors often use methods like CashtoCode, Sofort, Giropay, Trustly, UseMyFunds and also PayPal and Paysafecard.
Austria is tightly connected to other European countries, especially its neighbours. As a favourable consequence, Austrian online casino gamblers have a bunch of options for depositing and withdrawing money coming from various European regions. Banking options are so numerous that even cryptocurrency can be widely used for depositing. There are even ATMs in Austria that exchange Bitcoin to Euro.
Depositing with EUR Currency
It may be redundant to point out that the official currency in Austria is the Euro, the currency shared with multiple other European countries, such as Belgium, Germany, Ireland, Spain, France, Italy and the Netherlands, to name a few. Austria uses the full range of Euro coins and notes, but luckily you don’t have to carry them in your pocket to be able to deposit at your chosen Austrian casino online.
It couldn’t be easier to pay and play online with EUR, as hundreds of casinos have it as a major currency on the platform. Some casinos are even Euro-only casinos, requiring all transactions to be carried out in this currency. When you log in from Austria, you will see balance, bonus offers, and other rewards all displayed in Euros and feel at home.
Fun Facts
- There's a big appetite for poker in Austria, despite the fairly limited amount of physical casinos. Vienna boasts the largest poker hall in Europe.
- The national casino company, Casinos Austria, is one of the country′s most important taxpayers.
- Europe’s first legal casino was opened in 1765 in Baden, Austria.
- Novomatic, one of the biggest European gambling companies, was founded by the Austrian billionaire Johann Graf in 1980. He lived with his parents in Vienna and was a butcher in his early career. With his partner, Gerhard Brodnik, Graf started importing pinball machines and then established the Admiral brand for producing gaming machines. The 73-years-old Johann Graf now collects vintage cars and lives in Vienna. According to the Forbes list of global billionaires, he is listed at number 140 with a net worth of $10.3 billion as of June 2019.
- In March of 2011 at the Austrian Bergez casino, an Albanian playing at a slot machine was convinced that he won €43 million – for a moment. Unfortunately for him, it turned out that there was a technical error. He decided to sue the group of Casinos Austria to which Bergenz casino belongs. An agreement was reached, yet the player was a bit disappointed because he got “only” €1 million in the settlement.
- Apart from Novomatic, other well-known Austrian manufacturers include Amatic Industries, APEX Gaming Technology, Impera GmbH and Infinity Games.
FAQ
What is the minimum gambling age in Austria?
The legal age for a person to gamble in Austria is 18 years old. People under this age aren’t allowed to enter casinos and other gambling facilities, and it applies to online casinos as well. The only exception is in the case of lotteries, where a person can be at least 16 years old to take part.
Does Austria tax winnings from gambling?
Players do not pay taxes on winnings from online casino sites in Austria, but they aren’t allowed to write off their losses either. The operators are taxed on their gross gaming revenue, and they carry the taxation burden for the most part.
Are online gambling laws strict in Austria?
We wouldn’t say they are too strict, but they are protective. In the past, many have criticized the government for not doing enough for problem gamblers. Now that is changed with the implementation of the latest measures.
Can casino players based in Austria make deposits in Euros?
Certainly. Every recommended casino website offers Euro as a currency in which you can deposit and request withdrawals. Even if the website you have chosen is a multi-currency website, Euro will be offered 100% so that you can select it as your preferred transaction currency.
Do I have access to offshore casino sites if I live in Austria?
For the time being, yes. The Austrian government does not restrict or limit access to offshore gambling sites. As long as the casino accepts players from Austria, you can become a member regardless of where it is based.
What are the casino payment options for Austrian players?
There are many. Austrians can pay at casino websites with cards, using bank transfer, e-wallets and prepaid vouchers, among other options. At credible casinos, you will find multiple possibilities on offer, including Sofort, Giropay, Trustly, EPS and PayPal.