|Tuesday, June 27, 2006
|Banks in Hungary block payments to online betting sites
According to the Hungarian press agency, Hungarian banks are no longer processing transactions with foreign online betting websites. Like in most countries in the world, Hungarian law forbids the use of foreign online gambling websites by its citizen.
The foreign operators have experienced that credit cards issued by Hungarian banks can no longer be used. The banks have come to this policy as they are said to be afraid for legal liabilities. The processing of an illegal transactions would in itself constitute an illegal action.