Romanian Regulator Proposes Stricter Rules on Licensed Gambling
LISTEN TO THIS ARTICLE:The Romanian government has announced that the ONJN, the country's gaming regulator, is to impose a range of changes to the gambling industry, including a reserve of €1m for licensing.
The Ministry of Finance has introduced a proposed new set of rules that incorporates a new fee structure for gaming operators. It goes on to list these, including the licensing fee for retail gaming venues that offer casino-style gambling will be €150,000, and slot machines at venues will cost €150,000.
Another proposed change is that all operators must be domiciled in the jurisdiction. The Romanian government has said they would like a database of players in the jurisdiction so the gambling regulation authority can monitor the play of gamblers. The aim of this is to encourage responsible play and to be able to intervene if customers have their play marked as erratic and they are at risk from problem gambling and related harm.
The full package of changes proposed by the Ministry will be put to a vote in the Romanian Parliament next month.
Licensing Provisions Require Minimum €1m
From the start of 2025, the ONJN is to ensure that all regulated gaming businesses are required to hold a minimum of €1m for licensing provisions. This regulation applies to all gaming operators regardless of the size of the operation.
The government also wants the ONJN to carry out stricter enforcement of its tax collection process, with gaming operators expected to submit their tax liability to the regulators 5 days prior to the end of the financial month.
New Advertising Restrictions
Including in the suite of changes to the regulated gambling market is the proposal to increase the restrictions on gambling-related adverts in the Romanian jurisdiction.
The ministry has outlined a ban on advertisements that promote bonuses, promotions, jackpots, and all unsolicited online adverts.
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