We’re excited to share our latest insights into the Romanian gambling market, authored by Ivan Kurochkin, Partner and Head of Eastern Europe Desk at EGR. This article explores the regulatory framework and opportunities in this thriving southeastern European market.
Romania’s gambling market, legalized in the 1990s, is now a regulated and thriving hub in southeastern Europe. Overseen by the National Gambling Office (ONJN), it offers significant opportunities for operators in land-based and online sectors.
Romania’s gambling market, legalized in the 1990s, is now a regulated and thriving hub in southeastern Europe. Overseen by the National Gambling Office (ONJN), it offers significant opportunities for operators in land-based and online sectors.
Key insights
Licensing and Regulation The ONJN provides licenses for:
- Land-Based Casinos: Location-specific approvals.
- Online Gambling: Legal since 2010 with strict compliance rules.
- Slot Machines: Individual authorizations required.
- Sports Betting: Covers online and land-based formats.
Operators must host mirror servers in Romania and meet KYC, AML, and certification standards.
Costs and Taxation
- Online Gambling: Annual fees start at $323,000, with a 21% GGR tax and a 2% monthly participation fee.
- Land-Based Casinos: Taxes vary by location and activity.
- Slot Machines: Fixed fees plus GGR taxes apply.
Recent amendments raised financial guarantees and fees, increasing the cost of entry.
Advertising Restrictions Strict controls include:
- Prohibitions near schools and cultural sites.
- Limits on ad sizes and bonus promotions.
- Bans on targeting minors or self-excluded players.
Market Opportunities
Despite challenges, Romania attracts foreign operators, issuing over 475 licenses by 2023. High-profile deals like Evoke’s acquisition of Winner.ro show strong market confidence.
Future Developments
Proposed ad bans may alter dynamics, but well-resourced firms can capitalize on Romania’s growing market demand.
For more in-depth analysis on gambling regulations in Romania, read the full article on the EGR website.
