First gallop race organised in Hungary in 1827 and the Pari Mutuel betting was launched in1871. The First Hungarian (Gallop) Derby was in 1921.

Today 800 races yearly (trotting, gallop, greyhounds) at Kincsem Park, Budapest and about 1000 horses in training.

Hungarian Racehorse Betting Ltd. Is a state-owned company organising on track betting at Kincsem Park with 100 PMC terminals and on 150-200 PMC terminals for off track betting inside 4600 lottery shops with 5000 SG terminals is the online betting platform