Slot ban in small towns: A legal measure?
The above title summarizes the recent legislative change affecting the land-based gambling industry through the adoption of Law 107/2024. This law, among other amendments, also introduces a new authorization condition for slot machines, namely that the proposed premise must be located in a locality “with a population greater than 15,000 inhabitants”. de Ana-Maria Baciu – Managing Partner, BACIU PARTNERS si Andrei...
EU Tightens the Grip on Money Laundering with New Regulations! Gambling companies, brace yourselves!
Get ready for a game-changing update in the fight against financial crime! The European Union is rolling out a powerhouse of regulations to combat money laundering and terrorist financing, with profound implications for businesses across industries. by Ioana Ungureanu, AML&RM Expert Here’s the scoop: Unified AML Approach: EU’s Single Rulebook simplifies and strengthens AML rules across the board, ensuring a unified...
“ARTIFICIAL” INTELLIGENCE AND GAMBLING IN ROMANIA
After „Great Revolution … of October”, the Romanian Parliament fails to deign and punishes again the traditional gambling industry. On the whole, the entire gambling industry in our country is regarded as a “pamphlet” and treated as such by the bigwigs of the day. What is the connection between “grey eminence”, “artificial” intelligence and gambling? The Chamber of Deputies, through its leader, managed to pass through the...
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,...
