Reports
MARKET REPORT: ROMANIA
Romania is in the process of transposing into national legislation the 4th AML Directive. Te draft law is due to be enacted and this could have a significant impact on the gambling industry as operators will be required to undertake various risk assessment procedures
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Licence fees€25,000 for fixed odd betting; €15,000 for poker clubs and €6,000- €120,000 (depending on company turnover) for online gambling.
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Authorisation fees: 16 per cent of GGR (not less than €90,000 for fixed odds betting); 16 per cent of GGR (not less than €100,000) for online. Casino games pay per gaming table which is €60,000 in Bucharest and €30,000 in other cities and for slots (unlimited winnings) fee is €2,600 per machine of €1,500 for AWPs.
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Other fees: these refer to a contribution for a Responsible Gambling fun and annual contribution is €1,000 annually (€5,000 for remote gambling).
Valentin Adrian Georgescu, CEO of Novomatic Romania said: “Changes brought in by the new gaming legislation can be both market opportunities and threats and require an adjustment effort for operators. We should mention increased taxes, but also the law prohibiting smoking in gaming venues, led to a 30 to 40 per cent decrease in the amount of turnover.
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“In addition the lack of correlation between specific legislation, tax code and accounting rules has led to various blurs and different interpretations of some essential terms, like GGR from gaming activity, for the smooth running of the business.”
CHANGES AHEAD Tere are a couple of legislation proposals
pending which could have a significant impact on the online sector.
Te first is a proposal to amend the audiovisual legislation to introduce a total ban on gambling advertising in the audio visual sectors. Tis proposal however has been sitting in parliament for almost 18 months.
Te proposal has been discussed at length. Te legislators have been trying to reduce the volume of gambling advertising on local radio and in May last year members of the opposition National Liberal Party proposed a ban on audiovisual advertising for the games of chance sector, whilst also limiting adverts in certain publications and premises.
Te idea behind the regulation of advertising is
to help prevent minors accessing information about the gambling sector. At the moment advertising for gambling can be placed on buses or buildings for example.
However the government has already issued a negative opinion on the proposal and this is still being discussed by the senate whilst the President of the ONJN, Dan Iliovici has reiterated the regulator’s position against such a proposal.
Dan Iliovici said at September’s CEECG 2017: “We are for consumer protection but we are against banning altogether advertising for the gambling sector. Advertising should be done in a regulated manner, in a regulated environment to not encourage young people to gamble or use the personalities shown on the TV who are saying they have won €200,000.
“Te main reason is consumer protection but it is one of the reasons I invite operators to be more responsible. If we are responsible and if we are doing things in a responsible way we are protecting customers and we are able to show politicians we care about the consumer, we care about the society and therefore they will be not be so successful in promoting such draft laws.”
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