GAMBLING
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Romania Gambling and Betting Market Up 40% in 5 Years To RON11.7B
Romanians last year spent RON11.7 billion (EUR2.4 billion) in casinos, gambling halls, with the sum being a record high one, around 15% higher than in 2022.
Romanians Spent About EUR500M on Online Gambling and Sporting Bets in 2020
The online gambling and sports betting market in Romania surged 90% to more than EUR500 million in 2020, data cited by industry leader Superbet show.
Stanleybet Seeks to Raise EUR2.5M-EUR4M in Private Bond Placement
Stanleybet Capital of the Game World Group, one of the main sports betting and gambling operators in Romania, seeks to raise EUR2.5 million to EUR4 million via a private bond placement broke...
Romanians Feed EUR1B A Year Into Slot Machines
The gambling market has constantly developed in Romania in the past few years, reaching about 12,000 slots parlors and 70,000 slots machines in operation at the end of 2014, where people spe...
Online Gambling Operator William Hill Ceases Operations in Romania
British online gambling operator William Hill said it will cease operations on the Romanian market due to the recent regulatory developments in Romania, the company said in a statement.
25% Profit Margin From Gambling: MaxBet Gained EUR11M In 2013
Gambling organizer MaxBet, controlled by a company registered in Cyprus, reached revenue of almost EUR49 million last year, up 20% from 2012, according to Trade Registry data, which also sho...
Romania Readies New Gambling Rules
Romania’s National Gambling Office, or ONJN, on Tuesday said it is preparing a new set of regulatory measures in the local gambling sector.
Romania Requires Gambling Operators To Have Local Office, Despite EU Warning
Romania's Government on Wednesday regulated gambling, deciding to keep the requirement for operators to have an office registered in Romania, arguing that it makes it easier for authorities...
EU Reminds Romania That Gambling Act Must Observe Community Law
The European Commission has sent the Romanian Government a document concerning the draft decision on gambling, which points out that requiring game operators to be registered as Romanian fir...