Number of gaming machines plunges after tax hike

Tourism

A drastic tax rise has reduced the number of gaming machines in Hungary by almost three-fourths, business daily Világgazdaság said on Friday.

Hungarian Gaming Association (MSzSz) head István Schreiber told the paper the number of gaming machines in the country fell to a little more than 6,000 in January from more than 22,000 in Q3 2011.

The decline came after the monthly tax on the machines was raised from HUF 100,000 to HUF 500,000 on November 1 of last year.

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