Romanian Laws on Online Gambling. What the Future May Hold
Written by:Cristian Radu and Gabriel Ianculescu
Article link: pdf/en/articles/Romanian_Laws_on_Online_Gambling._What_the_Future_May_Hold.pdf
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Over the last 10 years, the popularity of online gambling has made this industry one of the most profitable at an international level, and an important source of revenues for states that have secured a mutually beneficial and attractive legislative framework to operators.
In Romania, although online gambling has been regulated since December 2010, the first functional regulatory framework only took shape following legislative efforts over 2015–2016. To a great extent, it is the Romanian National Gambling Office (ONJN) that reformed the legislative framework further to dialogue with all stakeholders, i.e., the associations representing online gambling operators and the state institutions in charge of monitoring, checking and penalizing industry-related activities. The current regulatory framework covers stakeholders’ needs and supports the development of this sector.
To read the entire article, please download the .pdf attached.