Located in the northern part of the Balkan Peninsula in southeastern Europe, Romania is neighbored by Ukraine, Moldova, Bulgaria, Serbia, and Hungary. Establishment of Romanian People’s Republic on 30th December 1947 marked the beginning of gambling in the country. Strong rules create a favorable environment for the development of the betting industry, and Romania becomes a country that attracts many fans of sports betting. This article will walk you through the process of sports betting and the best betting sites in Romania to use.
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Table of Contents
Summary of Key Events
History of Gambling Legislation in Romania
Gambling has always been popular in Romania even as far back as the early twentieth century. In this regard, it is essential to focus on the main stages of the development of gambling legislation in the country.
- 1906: The first legal gambling activity in Romania was the creation of the Loteria Romana which is the national lottery.
- 1947-1989: Soviet rule prohibited almost all forms of gambling; however, there were some exceptions, such as regional lotteries.
- 1991: Once in 1975 Romania being the last country in Eastern Europe to gain independence opened its first casino.
- 2009: New legal frameworks that governed gambling were put in place hence legalizing the gambling activities.
- 2010: Gambling went online and people had new ways through which they could place their bets.
- 2013: The government of the country introduced changes in the gambling law to further regulate the operations in the industry.
- 2016: New licenses and permits were issued for the conventional and virtual forms of gambling.
- 2022: The National Gambling Office also tightened the fight against money laundering.
- 2023: The new changes state that the online gambling operators have to be based in Romania.
Regulatory of Betting Sites in Romania
In order to provide fairness and transparency of the gambling business, Romania has set up several regulatory authorities and laws;
- National Gambling Office (ONJN): This body regulates all gambling activities in the country, compliance with the rules and the provision of licenses.
- AML Law no. 129/2019: This law is focused on combating of money laundering in the sphere of gambling.
- EGO 82/2023: This recent ordinance introduced the following changes to the online gambling regulations among others, the operators must be registered in Romania.
Permitted and Prohibited Bets
This paper seeks to describe the legal framework of gambling activities in Romania as well as the legal and prohibited betting activities. Here’s a breakdown;
Permitted:
- Lottery games
- Fixed odds and mutual betting/parimutuel bets.
- Casino games
- Poker and bingo
- Slots and video bingo
- Online casino games
- Tombola (raffles)
Prohibited:
- Unregistered gambling activities
- Advertisement of gambling in restricted ways.
- Advertising of gambling services and products near or in the vicinity of gambling facilities
Licensing and Fee Structures
Getting a gambling license in Romania has some set rules and regulations as well as some fees to be paid. Here’s a summary;
- 1. Class I Remote Gambling Organizers: Half a million Euros per year
- 2. Class II Legal Entities: The participants will receive €15,000 yearly.
- 3. Class III State Monopoly Games: It also pledged €100,000 every year.
Traditional Gambling Organizers: Depends on the activity, for instance, €200,000 for lottery games, €4,000 per casino table, and €300-€500 per slot machine.
Taxes on Gambling Winnings
Both operators and players are subject to taxes on gambling activities and winnings:
- Operators: Flat fees calculated by type and place of business (e. g. , 16% of the gross income for online gambling, €60,000 for each casino table in Bucharest).
- Players: Taxation of the winnings on the progressive scale from 1% to 25% depending on the amount of winnings.
Most Known Betting Sites in Romania
There are many online betting sites that are available in Romania and these are excellent in quality. The following are three of the most common;
888sport
888sport: It is popular for its interface and services related to live streaming of videos. Newcomers are welcomed with a 200 RON bonus when they make a 50 RON deposit.
Up To £100
Mrplay
Mr. play: Gives a sign up bonus of up to 700 RON. This site has encompassed a number of sports markets such as the football, tennis, basketball and volleyball.
Up To £100
MrGreen
MrGreen: A reputed site that has been operating in the Romanian market since 2004. It has a welcome bonus that is as high as 500 RON for new customers.
Up To £100
Main Events of Romanian Sports History
Romania has come a long way in sports which has become part of its culture;
- 1976: Nadia Comaneci gets a perfect 10 for the first time in the history of the Olympic Games in the gymna…
- 1986: Here is the Steaua Bucharest wins the European Cup in football.
- 2000: This event is the men’s gymnastics team competition where the US wins the gold at the Sydney Olympics.
- 2004: The United States women’s gymnastic team takes the gold at the Athens Olympics.
- 2014: Simona Halep advanced to the finals of the French Open, this is evidence of the comeback of Romanian tennis.
Celebrating Romanian Sports Stars
Romania has been fortunate to produce some of the world’s greatest sportsmen and women;
- Ilie Năstase: Năstase is a tennis player of the legends and was once ranked as the best player in the world in 1973. He clinched two Grand Slam singles titles and was famous for his play on the attack.
- Gheorghe Hagi: Hagi is considered one of the best Romanian footballers who was famous for his exceptional talent and earned the nickname ‘The King’.
- Nadia Comaneci: Comaneci is the first gymnast who was awarded a perfect 10 at the Olympics and she is one of the greatest gymnasts.
Gambling Laws of Neighboring Countries
Romania has neighbors with different legal approaches to the subject of gambling, which is why the legislation varies;
- Ukraine: It was prohibited until 2020 when the new law was passed permitting the use of casinos, slot machines, and online betting.
- Bulgaria: Gambling is allowed and has to be controlled by the State Gambling Commission. This country has legalised casino, sports betting and lotteries.
- Serbia: The regulation of the gambling is performed by the Games of Chance Administration, the types of legal gambling are casinos, sports betting and lotteries.
Conclusion
Romania has a fairly large and quite well-developed network of betting sites, which allows players to choose from a vast number of possible activities. Making use of history, good legislation, and strong enthusiasm for sports, Romania is an ideal place for those who want to have fun at casinos, as well as for professionals.
FAQ about Betting Sites in Romania
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