Romania’s gambling problem – POLITICO

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When it comes to online gambling and demographic statistics, a UK study concludes that 17% of the population gamble online, resulting in £5.3 billion revenue for the online market alone. Romania’s main gambling associations would sit on the board and control its activities. It also foresaw a fund, run by the Romanian National Gambling Office (ONJN), for the prevention of addiction. Each gambling company was expected to contribute just €1,000 euros a year, with online operators and the National Lottery paying €5,000. The gambling services market consists of sales of gambling services and related goods by entities (organizations, sole traders and partnerships) that operate gambling facilities, such as casinos, bingo halls, video gaming terminals, lotteries, and off-track betting. Bingo parlors, coin-operated gambling device concession operators, bookmakers, lottery ticket sales agents, and card rooms are ... Romania’s fast-growing online gambling market doubled in size between 2017 and 2019, and has now overtaken land-based betting in revenue... 7th Jul 2020. Romania Country Report . Romania is currently in the process of regulating gambling advertising and introducing additional player protection measures. 4th Jun 2020. See all. Data & Forecasts. Europe - Online Gambling Report - 2010 to 2020Q2 ... Romania: Gambling Laws and Regulations 2021. ICLG - Gambling Laws and Regulations - Romania covers common issues in gambling laws and regulations – including relevant authorities and legislation, application for a licence, licence restrictions, digital media, enforcement and liability – in 37 jurisdictions. The gambling market in Romania reached EUR 1.2 billion at the end of last year. It included 12,000 gambling halls and 70,000 slots machines. According to a recent study from market research firm Global Market Insights, The global online gambling market is estimated to witness tremendous revenue growth over the coming years due to an upsurge in smartphone adoption and improving internet infrastructure across the world. Additionally, convenient and easy accessibility to online casino gaming platforms would also […]

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romania gambling market

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