In 2022 the State’s revenue from the taxation of gambling activities increased by 84% compared to 2021
The Romanian State collected 2.16 times more taxes from remote gambling in 2022 than in 2021 The ONJN’s Activity Report for 2022 has recently been published on its website. Even if late, it is good to have some statistical data that helps us understand the evolution of our gambling market. Until we have the data for 2023, it would be good to take a look at what happened immediately after the Covid Pandemic. It will be...
IS IT A SIGN OF NORMALITY THAT THE STATE CHANGES GAMBLING TAXATION EVERY YEAR?
For some time now, it seems to have become politician’s practice to blame the national gambling industry when something goes wrong. Electoral capital If electoral capital is needed, ad-hoc legislative initiatives are taken to restrict the activity of licensed gambling operators (see the many and varied legislative initiatives currently before the Romanian Parliament). Local councils have also taken the example, flagrantly...
SIMION & BACIU Law Firm is Partner of Casino Inside Events from 8 December 2022
The well-known law firm SIMION & BACIU, one of the most powerful law firms operating in the gambling industry in our country, is partner of the 10th edition of the ReUnion of Gambling Professionals and the 8th edition of the Romanian Gambling Celebration – Casino Inside Gala Awards. Now in its 10th edition, the ReUnion of Gambling Professionals is the main business event dedicated to our industry, where dozens of companies...
In 2021 the State’s revenues from the taxation of land-based and online gambling activities increased significantly compared to 2020
Over 65% more revenue for the state budget from taxing the entire gambling industry in Romania 2022 is a difficult year. On 8 March, the State of Alert that destroyed the economy for 2 years and blocked the activity of several economic branches, including gambling, ended as if by magic. Then came the industry surcharge from 1 August this year. We offer you a brief x-ray of our gambling industry situation from last year by analyzing...
