THE GAMBLING INDUSTRY FACING NEW LEGISLATIVE CHANGES. BETWEEN LEGALITY AND ILLEGALITY. BRIEF CONSIDERATIONS.
24 Oct 2023

THE GAMBLING INDUSTRY FACING NEW LEGISLATIVE CHANGES. BETWEEN LEGALITY AND ILLEGALITY. BRIEF CONSIDERATIONS. 245r6

            In recent months, the political factor in Romania has increased the pressure on the gambling industry, in the sense that they want to promote legislation that will lead to the disappearance of this industry. According to a proposal initiated by the Romanian Government to amend the provisions of GEO 77/2009, the following measures are proposed: banning gambling halls within localities; requiring the providers of online...

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GAMBLING UNDER SIEGE
11 Oct 2023

GAMBLING UNDER SIEGE 63674a

Drastic measures solve nothing… This article is meant to be the opinion of someone who has been in the position of a regulator and is now in the private sector of the Romanian gambling industry. Without claiming to be the holder of miraculous solutions, we are trying to get an idea of what the industry wants in the coming period. Gambling is just a fun activity not a “social problem” If we take into the...

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Sorin Georgescu (Romslot):  We will survive the new wave of taxes if we contribute to combating the black market
08 Sep 2023

Sorin Georgescu (Romslot): We will survive the new wave of taxes if we contribute to combating the black market v1z29

Romania needs to comply with the agreed budget deficit with the European Commission, and in order to cover a gap of several tens of billions of lei, the Government has negotiated a package of fiscal measures throughout the summer to ensure economic stability in election years. Where does the state intend to get this money from? From increased taxes. It’s not just gambling that is targeted, although it is true that in the...

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The Human Element in Fraud Prevention: A Multifaceted Approach in Romania’s Growing Gambling Industry
06 Sep 2023

The Human Element in Fraud Prevention: A Multifaceted Approach in Romania’s Growing Gambling Industry 4q593j

Background In Romania’s burgeoning gambling industry, the human element is not just a part of the fraud prevention strategy – it is the strategy. While technology provides us with powerful tools, it is the individuals – employees, whistleblowers, and specialists like criminal lawyers and private investigators – who wield these tools effectively. Their vigilance, integrity, and expertise are the real...

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IS IT A SIGN OF NORMALITY THAT THE STATE  CHANGES GAMBLING TAXATION EVERY YEAR?            
02 Aug 2023

IS IT A SIGN OF NORMALITY THAT THE STATE CHANGES GAMBLING TAXATION EVERY YEAR?            45b5p

For some time now, it seems to have become politician’s practice to blame the national gambling industry when something goes wrong. Electoral capital If electoral capital is needed, ad-hoc legislative initiatives are taken to restrict the activity of licensed gambling operators (see the many and varied legislative initiatives currently before the Romanian Parliament). Local councils have also taken the example, flagrantly...

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What is the connection between airplanes, the Romanian Parliament and gambling?
25 Jul 2023

What is the connection between airplanes, the Romanian Parliament and gambling? 655k3m

In recent months, the Federation of Romanian Gambling Organizers – FEDBET – has made huge efforts within the Romanian Parliament to mitigate the often too ionate and unfounded aplomb of parliamentarians. As you already know, the gambling industry is in an unprecedented critical situation. We are facing a moment when the question of the industry’s existence is really being asked. Since I took over the...

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