Protection of minors in the field of gambling: legislative challenges and self-regulation opportunities for operators
by Andrei Cosma, Partner si Cosmin Todirascu , Junior Associate BACIU PARTNERS The protection of minors and preventing their access to gambling are both a priority and a significant challenge for operators in the gambling industry. However, achieving these objectives can become particularly difficult in the absence of a clear and coherent legislative framework that allows for uniform application of regulations by operators. Faced with...
“LEGAL FOLKLORE” AND GAMBLING IN ROMANIA IN 2024
by Lawyer Prof. Marius Pantea, PhD What was 2024? Towards the end of 2023, far-reaching changes were introduced in the field ofgambling through the already famous GEO 82 / October 5, 2023, and during 2024, following the media scandals and electoral promises made by the rulers, 2 more legislative amendments appeared, at an interval of 2 months, namely Law 107 / April 17, 2024 and GEO 80 / June 28, 2024, which instead of clarifying and...
Does AI have a Winning Hand at the Gambling Table? A General Look at AI implications in Gambling
By Cosmina Simion (Managing Partner) and Cătălin Veliscu (Junior Associate) WH Simion & Partners The integration of AI in the gambling field was not a matter left to chance. In a field where technology is at the core and stakeholders are always looking for innovative solutions to address ongoing problems, the use of AI should come as no surprise. However, is the implementation of AI in gambling just another example of using AI...
MANDATORY AML AUDIT IN THE FIELD OF GAMBLING
The legal provisions regulating the activity of preventing and combating money laundering are well known to gambling operators, and in the last period, there have certainly been checks by the ONJN on this aspect and will probably follow other checks from the ONPCSB. by Lawyer Prof. Marius PANTEA, PhD and Cristina BĂDOI business and management consultant Over the years, the ONJN has ensured, in advance most of the time, legal norms to...
Integrity of Sports in the Spotlight: The Commitment of the Macolin Convention for Clean and Fair Sports Competitions
by Andrei Cosma, Partner, Jasmine Botiș, Associate BACIU PARTNERS The phenomenon of manipulation in sports competitions affectstheir integrity, and the exponential growth of activities that could be considered criminal requires a firm response, suited to an increasingly complex challenge. Sports competitions are a magnet for public attention. They are regarded globally as one of the most popular entertainment phenomena that continues...
ROMANIAN GAMBLING MARKET. “AGONY AND ECSTASY”.
Motto: ”The Dunning-Kruger effect is an error of judgment in which incompetent people mistakenly assess their competence as being much higher than it really is. This behaviour is due to the inability of these individuals to recognize their own level, precisely because of a lack of domain knowledge”. by Lawyer Prof. Marius PANTEA, PhD For the national gambling market, the last period of time has been a real test for most gambling...