Navigating Risk: Turning Challenges into Opportunities
In the dynamic and high-stakes world of gambling, risk management (RM) often takes a back seat to the thrill of the game. Yet, for gambling companies, navigating risks is not just prudent—it’s essential for sustainable growth and success. In today’s rapidly changing landscape, it’s more critical than ever for companies to stay ahead of emerging risks. From regulatory changes to technological advancements and shifts...
National Office for Gambling, a new beginning
Following the invitation of Casino Inside magazine, please find below an interview with the new President of the ONJN, Mr Gheorghe-Gabriel Gheorghe, seeking to offer you an informative material directly from the source about the main issues that bother our industry such as the digitalization of the institution, the re-assembly of the Advisory Council, the reorganization of the Office, about AWPs, about Responsible Gaming or about the...
Database on self-excluded and undesirable persons – practical challenges brought by the new legislation from a regulatory and personal data protection perspective
Cosmina Maria Simion Petruș Partene by Cosmina Maria Simion, Managing Partner and Petruș Partene, Senior Associate The legislation applicable to the field of gambling in Romania has undergone significant changes with the entry into force on October 6, 2023 of the Government Emergency Ordinance no. 82/2023 for amending and supplementing Government Emergency Ordinance no. 77/2009 on the organization and operation of games of chance,...
ASSOCIATION OF NON-AFFILIATED PARTNERS AND ORGANISERS OF GAMBLING – RETURN TO NORMALITY FOR THE ENTERTAINMENT INDUSTRY
The start of this year finds the gambling industry in a position it has not been in for a very long time. The legislative changes of the fateful October 2023 have generated a lot of controversy, have effectively stunned licensed operators and those providing related activities, have effectively driven the whole industry to despair, both by the lack of clarity of the provisions and by the multiple and unreal interpretations. The new...
Casino 2.0: Integrating blockchain technology and crypto-assets into the gambling industry
Context Due to the rapid adoption of blockchain technology and crypto-assets (e.g., bitcoin, NFTs – non-fungible tokens, utility tokens, etc.), it’s essential to assess the potential impact of these on the gambling industry. This global trend towards blockchain adoption prompts the question: Is there a need or opportunity for a paradigm shift in the gambling industry? The DeFi (Decentralised Finance) sector, a decentralized...
“CHAOS” – THE NEW “ORDER” IN THE GAMBLING INDUSTRY
First of all, we must inform you that the recent legislative changes in the field of gambling, namely GEO 82/2023 for the amendment and completion of Government Emergency Ordinance No. 77/2009 on the organization and operation of gambling, as well as for the amendment of Government Emergency Ordinance No. 20/2013 on the establishment, organization and operation of the National Gambling Office, and for the amendment and completion of...
