Clarifications expected from the ONJN regarding the amendments brought by Law 107/2024 1f6j1r
Not so long ago, the gambling industry resounded, once again, by the significant changes brought by the legislator through GEO 82/2023, which entered into force on October 6, 2023, which established, among other things, the requirement of ing a permanent establishment in Romania in accordance with the relevant provisions of the Tax Code, at the level of which the income from the organization and operation of the gambling...
The saga of amendments in gambling regulations continues – but are they applicable for all those affected? 2v5wj
June 28, 2024 Authors : Ana-Maria Baciu, Managing Partner, Andrei Cosma, Managing Associate și Adela Nuță, Managing Associate, BACIU PARTNERS NOTE: This article was prepared based on the text of the Government Emergency Ordinance as it was presented at the Government meeting on June 28, 20241. At the time of writing this material, the version adopted by the Government had yet to be published in the Official Gazette. According to the...
BANNING SLOT MACHINES IN TOWNS WITH A POPULATION OF LESS THAN 15,000. REFLECTION FROM THE PERSPECTIVE OF EUROPEAN AND CONSTITUTIONAL PRINCIPLES 1l3bs
Under the pressure of a complicated election year, the Romanian Parliament adopted Law no. 107/2024 in response to a populist impulse: banning slot machines in towns with a population of less than 15,000 inhabitants. Obviously, this law was adopted without taking into fundamental principles originating in European law and the Romanian Constitution. To begin with, we will refer to the legal texts that have an impact on Law No...
Slot ban in small towns: A legal measure? 4n4o3s
The above title summarizes the recent legislative change affecting the land-based gambling industry through the adoption of Law 107/2024. This law, among other amendments, also introduces a new authorization condition for slot machines, namely that the proposed premise must be located in a locality “with a population greater than 15,000 inhabitants”. de Ana-Maria Baciu – Managing Partner, BACIU PARTNERS si Andrei...
EU Tightens the Grip on Money Laundering with New Regulations! Gambling companies, brace yourselves! 21651w
Get ready for a game-changing update in the fight against financial crime! The European Union is rolling out a powerhouse of regulations to combat money laundering and terrorist financing, with profound implications for businesses across industries. by Ioana Ungureanu, AML&RM Expert Here’s the scoop: Unified AML Approach: EU’s Single Rulebook simplifies and strengthens AML rules across the board, ensuring a unified...
“ARTIFICIAL” INTELLIGENCE AND GAMBLING IN ROMANIA 3hx1o
After „Great Revolution … of October”, the Romanian Parliament fails to deign and punishes again the traditional gambling industry. On the whole, the entire gambling industry in our country is regarded as a “pamphlet” and treated as such by the bigwigs of the day. What is the connection between “grey eminence”, “artificial” intelligence and gambling? The Chamber of Deputies, through its leader, managed to through the...
