FROM THE CYCLE “I MESSED ARROUND” THE PARLIAMENTARY OPPOSITION IS DONE WITH ALL THE PROBLEMS AND HAS STARTED REGULATING GAMBLING
Recently, I was a guest on a TV show where I discussed some of the controversial issues that have impacted the gambling industry in recent times. It’s a good thing that we got rid of a regulation that proposed to tax gambling winnings at 40% for what exceeds 1,000 lei, when the following announcement appeared on the skyline: The legislative proposal to amend Government Emergency Ordinance no.77/2009 on the organization and...
“Culture resurrection” or unconstitutional contributions?
Starting from 3 November 2022, economic operators in the field of gambling, including the remote side, are obliged to pay a monthly contribution of 0.5% of the revenues. This was introduced by Law no. 286 of 31 October 2022 amending Ordinance no. 51 of 11 August 1998 regarding the improvement of the system of non-reimbursable financing of cultural projects (OG 51/1998) and seems to have the purpose of “resurrecting” cultural projects...
New requirements for the identification of individuals and the establishment of databases – a privacy perspective
The recent legislative amendments brought by Law No. 326/2022 amending and supplementing Government Emergency Ordinance No. 77/2009 on the organization and operation of games of chance impose a set of new obligations on gambling operators. In summary, gambling operators will have: (i) the obligation to have the necessary technical means for the establishment of databases on self-excluded and undesirable persons in order to...
THE GAMES „OF CHANCE” IN ROMANIA ”… the sheep should not be skinned, should be milked!”
As if in competition with the disastrous economic situation, the neighbouring war and the threat of the return of the pandemic, a legislative amendment to GEO 77/2009 appeared in August, which seems to have been made to bury the gambling industry in our country. While the state’s need to collect more money for the budget in these troubled times is understandable, one cannot help but notice the chaotic way of doing so, with...
A new tax on gambling operators in Romania
On 31 October, Emergency Ordinance 83/2022 was published in the Official Gazette for the amendment and completion of Government Ordinance no. 51/1998 on the improvement of the financing system for cultural programmes, projects and actions, as well as for the amendment of Government Emergency Ordinance no. 42/2019 on the establishment of financial measures to support the implementation of the national cultural programme...
SIMION & BACIU wins the Trademark Firm of the Year for Romania award at the Global IP Awards 2022
SIMION & BACIU is proud to announce that it is the winner of the Trademark Firm of the Year for Romania distinction, presented by IAM and World Trademark Review (WTR) during the Global IP Awards ceremony organized on 15 September 2022, in London. This prestigious award reconfirms the strong position of SIMION & BACIU as one of the most reputable trademark firms active on the Romanian market, with the firm obtaining outstanding...
