Belarus Ramps Up Gambling Taxes in 2024, While Yggdrasil Inks Agreement to Expand Its Presence in Hungary

In 2024, Belarus implemented adjustments to its gambling tax rates. According to the details outlined in the resolution available on the National Legal Internet Portal of the Republic of Belarus, the tax rate for a single gambling table has risen to 8,443 Belarusian rubles, representing an increase of 589 Belarusian rubles compared to the rates in 2023.

Belarus Ramps Up Gambling Taxes in 2024, While Yggdrasil Inks Agreement to Expand Its Presence in Hungary

Similarly, the tax rate for slot machines has been revised from 264 to 284 Belarusian rubles. Totalizator counters now face a cash rate of 2,661 Belarusian rubles instead of the previous rate of 2,475 Belarusian rubles.

For the bookmaking office counter, a fee of 1,774 Belarusian rubles is now required. In 2023, this fee was 1,650 Belarusian rubles.

Meanwhile, Yggdrasil has solidified its presence in Hungary by successfully integrating with LVC Diamond. Through this integration, the entire range of Yggdrasil products, including YG Masters titles, will be presented under the operator’s Vegas.hu brand.

Expressing enthusiasm about the collaboration, Yggdrasil’s Commercial Director, Jose Kadala, stated: “We are delighted to enhance our footprint in Hungary through our partnership with LVC Diamond. The Vegas.hu brand is synonymous with some of the most beloved games in the country, and we are confident that our innovative content, along with timeless themes, will elevate the casino experience to new heights.”

Brigitta Szenczy, Casino and Studio Head at LVC Diamond, echoed this sentiment, saying: “Yggdrasil games have been a player favourite since their introduction in 2013, and we are excited to bring them to our clients. As we strive to establish ourselves as the leading brand in Hungary, offering top-notch content is crucial, and this collaboration allows us to take another significant step in that direction.”

Hungarian players now have access to an extensive list of games from Yggdrasil. This strategic move represents another milestone in Yggdrasil’s ongoing mission for expansion. Earlier, the company strengthened its position in the Dutch market by partnering with Circus in December 2023.

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