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Hungary gaming machine market continues to contract in 2010

Gaming machine revenue in Hungary fell to HUF 76.9 billion in 2010 from HUF 81.3 billion in the previous year, chairman of the Hungarian Gambling Association (MSzSz) István Schreiber said on Friday.

Gaming machine operators paid HUF 31.7 billion in gambling tax in 2010, down from HUF 35.7 billion in the previous year, Schreiber said. The number of gaming rooms and gaming machines fell 8.7% during the period, he added.

The decline continued in Q1 of this year, he said.

Schreiber attributed the decline to a significant drop in "solvent demand". A gambling strategy to be finalised by the autumn offers some reason for hope, he added.

Márta Majoros, a psychologist who works for the Fortunate Assistance Foundation, said the number of people addicted to gambling in Hungary is a few thousand.