Gambling license in Romania
The gambling business in Romania has been forming for three decades already. At this time, the Romanian government issued and edited several important bills, which introduced new procedures for regulating gambling activities, including the Romania gaming license process. Also for Romania gambling license costs, they may vary depending on the legal advisor you choose. But there is a EUR 10,500 fee for the licenses issuance, that applies to all gambling license categories.
The following common types of gambling are allowed in Romania: slot machines, sweepstakes, poker, roulette, bingo, blackjack, and online gambling (Internet rooms) that can host all of the above types of games online, and ground betting.
Additionally, Romania can offer a space for lotteries, sports/horse race betting, social gaming with no monetary prize and skill games and competitions where the element of chance is excluded.
Benefits of Obtaining a Romania Gambling License
Romania generally is considered to be one of the fastest growing markets in the EU, offering a gambling license which legally protects and gains an entry to this market. Among a stable economy, EU membership and attractive tax rates there are following advantages:
- Properly authorized Romanian casino can work lawfully across the EU;
- License has a long operational period of 10 years with the possibility to extend it at the end of each period;
- Relatively fast and straightforward process of obtaining the license