Roundtable What is the state of play in the Romanian market European Gaming Industry News
Roundtable – What is the state of play in the Romanian market?
Romania is a developing bazaar, and many operators have personal skills and knowledge to Bazar. In addition, Romania has an influential operator that leads the bazaar in the right direction and continues to promote.
Romanian players feel the powerful effect of the lan d-based casino content, but they are clearly working in cooperation with the trends we have seen many times.
In fact, many Iguaming concepts have developed perfectly, and Megaways will definitely be in demand in any market!
Andrey Bewu, Gaming Tech Director
Romania is a bazaar that is prosperous based on reliable adjustments, while operators such as affiliates must have permission to play a role in this IRGE. Apart from this, the taxation mechanism is clearly defined in departments such as operators, suppliers, and players. The legalization of Romanian online gambling was not legal or illegal at the technical level because there was no small law until 2010. Later, the government legalized online gambling, but no regulatory organizations issued online licensing. In 2013, the National Gambling Management Bureau, which regulates the national gambling industry, has been established, and has reached this day.
PRESSENTER GROUP regional manager Julian Bocha
The online gambling has just been legalized in 2015, but this is a bazaar that has an unimaginable catchy future. Bazar is regulated, for example, it will be used as a sport fee or a casino, and will carry out national management of Romanian gambling. Romania's online gambling Bazar is growing at a conviction pace. Romania still has a lot of unresolved, and we will freeze the rise in the maximum number of months and several years so that we continue to guarantee fun skills to players through our Ultra Casino brand. I have the intention. "
David Nathshvili, Managing Companion Spring < SPAN> Romania is a developing bazaar, and many operators have personal skills and knowledge to Bazar. In addition, Romania has an influential operator that leads the bazaar in the right direction and continues to promote.
Romanian players feel the powerful effect of the lan d-based casino content, but they are clearly working in cooperation with the trends we have seen many times.
In fact, many Iguaming concepts have developed perfectly, and Megaways will definitely be in demand in any market!
Andrey Bewu, Gaming Tech Director
Romania is a bazaar that is prosperous based on reliable adjustments, while operators such as affiliates must have permission to play a role in this IRGE. Apart from this, the taxation mechanism is clearly defined in departments such as operators, suppliers, and players. The legalization of Romanian online gambling was not legal or illegal at the technical level because there was no small law until 2010. Later, the government legalized online gambling, but no regulatory organizations issued online licensing. In 2013, the National Gambling Management Bureau, which regulates the national gambling industry, has been established, and has reached this day.
Andrey Bewu, Gaming Tech Director
The online gambling has just been legalized in 2015, but this is a bazaar that has an unimaginable catchy future. Bazar is regulated, for example, it will be used as a sport fee or a casino, and will carry out national management of Romanian gambling. Romania's online gambling Bazar is growing at a conviction pace. Romania still has a lot of unresolved, and we will freeze the rise in the maximum number of months and several years so that we continue to guarantee fun skills to players through our Ultra Casino brand. I have the intention. "
PRESSENTER GROUP regional manager Julian Bocha
Romanian players feel the powerful effect of the lan d-based casino content, but they are clearly working in cooperation with the trends we have seen many times.
In fact, many Iguaming concepts have developed perfectly, and Megaways will definitely be in demand in any market!
David Nathshvili, Managing Companion Spring < SPAN> Romania is a developing bazaar, and many operators have personal skills and knowledge to Bazar. In addition, Romania has an influential operator that leads the bazaar in the right direction and continues to promote.
Romania is a bazaar that is prosperous based on reliable adjustments, while operators such as affiliates must have permission to play a role in this IRGE. Apart from this, the taxation mechanism is clearly defined in departments such as operators, suppliers, and players. The legalization of Romanian online gambling was not legal or illegal at the technical level because there was no small law until 2010. Later, the government legalized online gambling, but no regulatory agencies issued online licensing. In 2013, the National Gambling Management Bureau, which regulates the national gambling industry, has been established, and has reached this day.
PRESSENTER GROUP regional manager Julian Bocha
The online gambling has just been legalized in 2015, but this is a bazaar that has an unimaginable catchy future. Bazar is regulated, for example, as a sporting fee or casino, and will be managed by Romanian gambling. Romania's online gambling Bazar is growing at a conviction pace. Romania still has a lot of unresolved, and we will freeze the rise in the maximum number of months and several years so that we continue to guarantee fun skills to players through our Ultra Casino brand. I have the intention. "
David Nathshvili, Managing Companion Spring
SPRIBE's bazaar continues to grow and develop with a new monthly operator. In real time, SPRIBE has already partnered with SUPERBET, FEG (Efortuna, Casa Pariurilor), SUPERBET, Betano, Princess Casino, and Favet Romania. It is fixed. The last operator in this list is waiting for ONJN's promotion in real time, but as a regulatory authority enters the Romanian Bazaar, you can start the game at Romanian Bazaar.
Andrey Bewu, Gaming Tech Director
Rori Kimber (1x2 Network Account Management / Marketing Director)
PRESSENTER GROUP regional manager Julian Bocha
Andrey Bewu, gaming tech paid director
David Nathshvili, Managing Companion Spring < SPAN> Romania is a developing bazaar, and many operators have personal skills and knowledge to Bazar. In addition, Romania has an influential operator that leads the bazaar in the right direction and continues to promote.
Julian BOCHEA, Regional Manager PresSENTER Group
Romanian regulations match the standards of other European markets, and it can be said that the players are protected and have a chance for operators, press groups and suppliers to succeed in business. Regulatory authorities have contributed to blocking illegal no n-licensed brands, and as a result, the transition to recognized brands is progressing. There is no bad adjustment between serious gambling and unnecessary gambling. However, in a framework that has not so many claims or restrictions on operators and suppliers, Bazaar is even unusual, as seen in Sweden and a while ago in Germany.
Andrey Bewu, Gaming Tech Director
David Nathshvili, Managing Companion SPRIBE
PRESSENTER GROUP regional manager Julian Bocha
Is this Bazaar a great possibility for operators and suppliers? Why is it?
David Nathshvili, Managing Companion Spring < SPAN> Romania is a developing bazaar, and many operators have personal skills and knowledge to Bazar. In addition, Romania has an influential operator that leads the bazaar in the right direction and continues to promote.
Of course, Bazar in Romania may be breathing. Sighing, huge, and even more. Romania is a developing nation that has continued to be strong. And in 2021, the economy of Romania became important.
They have a strong sense of closely familiar with the game, and the number of people shift to online games with the rise in mobile penetration is increasing. And many tier 1 operators are on the contrary, and the Igaming Market segment has an exciting future. "
Andrey Bewu, Gaming Tech Director
Online gambling has been the driving force for the Romanian gambling industry over the past few months and several years. In fact, by 2020, online gambling threshold increased by about 90%. Pandemic has certainly moved the industry, but its development has continued, and as a result, more operators and studios are coming to the game. Currently, there are about 30 approved operators in the market, and more physical brands are trying to launch their own online casinos and sportsbooks.
Julian Bontea, a regional manager of PresSenter Group
Andrey Bewu, Gaming Tech Director
David Natroshviri, SPRIBE management partner
Yes, we feel great potential in the Romanian market. From 2017 to 2019, the market size has increased more than 70 million a year, and although no explosive growth has been seen recently, this figure has continued to rise steadily. The most important thing is the fact that about half of the Romanian population is now 18 to 50, and businesses have the opportunity to target about 9 million viewers. Not only that, this young target group has always been advanced to casino games, and many players are eagerly accepting new game formats. Therefore, through innovative new titles such as the AVIATOR game, you can use the psychology of the millennial generation gamers.
PRESSENTER GROUP regional manager Julian Bocha
1x2 Network, Customer Service & Marketing Director, Laurie Kimber
David Nathshvili, Managing Companion Spring < SPAN> Romania is a developing bazaar, and many operators have personal skills and knowledge to Bazar. In addition, Romania has an influential operator that leads the bazaar in the right direction and continues to promote.
Press Enter Group Regional Manager Julian Bontea
There are 40 brands in this market, including Nitrocasino in PresSenter Group, and the competition here is already intense. Last but not least, operators who want to bring innovative, fresh technology and skills to the market to create thrills are always room. Combined with smart and interesting advertising activities and campaigns, operators can quickly gain a big share in the Romania market, as in other regulated judicial jurisdictions.
Andrey Bewu, Gaming Tech Director
There is certainly a chance to get a big share in the Romanian market, but for that purpose, various creators' luxurious libraries and innovative games that provide unprecedented gameplay. It is necessary to prepare. This is what Romanian players are looking for, and operators that can guarantee this can take advantage of the great potential of Romania. In particular, it is highly possible that some of the rivals are being distracted by other destructive markets such as the United States.
What kind of challenges are you facing? How can I overcome it?
Andrey Bewu, Gaming Tech Director
Like other markets, there is a problem in Romania. Romania is a major market for a business operator and an additional market for other businesses. The country has the difference in a major market for a business operator and an additional market for another business.
It is important to understand that the market base is formed by a player, and Romanian's true consciousness should be worthwhile for both operators and suppliers. The player has many options, so the operator needs to be wisely conscious, not just about choosing an appropriate place and time.
PRESSENTER GROUP regional manager Julian Bocha
One of the biggest problems is tax. The Romanian Ministry of Finance has published the latest draft of the Tax Law, which provides for the introduction of a 40% tax on withdrawals from casinos. According to the new tax law, withdrawals of funds up to 3. 000 RON (623 dollars) will be taxed at 10 percent, and withdrawals above this amount but up to 10. 000 RON (2. 079 dollars) will be taxed at 20 percent on top of the 3. 000 RON levy. Withdrawals of funds above 10. 000 RON will be taxed at 40 percent, plus a fee of 1. 700 RON (353 dollars). This may cause many players to switch to unlicensed brands to avoid the huge taxes on profits and withdrawals of funds. This will cause a domino effect: licensed brands will lose players, players will lose profits, and ultimately the Romanian government will lose tax revenues. The bill has not yet been passed, so all participants can discuss the new tax regime and reach a better outcome that does not negatively affect the gambling industry, the protection of players with recognized brands, and ultimately the tax revenues generated by the sector.
David Nathshvili, Managing Companion Spring < SPAN> Romania is a developing bazaar, and many operators have personal skills and knowledge to Bazar. In addition, Romania has an influential operator that leads the bazaar in the right direction and continues to promote.
The problem for new online casino brands is that there are already land-based operators who moved to the digital space as soon as the market opened up. They could use their tradition, brand capital and player trust to create a base of major players loyal to them. However, new brands of online casinos can offer players a superior experience and attract players from these existing operators to online casinos and sportsbooks. If the new brand not only meets but also exceeds the expectations of players, players will continue to bet with the new brand, rather than returning to the new brand.
David Nathshvili, Managing Partner, Spribe
Andrey Bewu, Gaming Tech Director
Are player preferences different from other markets? What is localization like in Romania?
Rori Kimber, 1x2 Network Account Management and Marketing Director
As we have been waiting for, Romanian players have some of the same tendencies that we care about in other Igaming-markets, but they have certain preferences. They prefer traditional games, low hits, land holdings, but on the other hand, games with low rates and high potential also attract a lot of traffic. It is not enough for those who have completely failed, in fact, basically almost all our material has found a personal home, meaning that players are still ready to try innovative games. Not paying attention to the fact that quite "non-standard" games are used by various prestige, if you find a favorite, it conquers the bazaar very quickly.
Andrey Bewu, Gaming Tech Director
Andrei Beu, President of Gaming Tech
The main feature of Romanian culture is collectivism. The collective is extremely fundamental, and defense and dedication to the collective is highly valued. Sensation often surpasses rationality, as the enduring bonds between the various members of the group play a key role. Like any other business, gambling here has not escaped from freezing victims of this habit. Players often choose a particular game, operator or casino brand based on the preferences of the group to which they belong, and not on any comparison or superior qualities.
Due to the wide situation of wars and all kinds of occupation of the state, there are still a number of important figures who have firmly entered our culture, such as Vlad Tepes (Tsar Vlad), Stefan Cermale (Stephen the Great) and, a little earlier, Nicholas Ciausco (the favorite of the most famous communist in the country). Some operators, like Vlad Casino, operated historical characters and with great success. Operators that do not deal with this market therefore have a difficult ability to understand and apply, which is given a small advantage to operators from Romania.
Julian Bochea, Regional Manager Pressenter Group
PRESSENTER GROUP regional manager Julian Bocha
David Nathshvili, SPRIBE Managing Partner
David Nathshvili, Managing Companion Spring < SPAN> Romania is a developing bazaar, and many operators have personal skills and knowledge to Bazar. In addition, Romania has an influential operator that leads the bazaar in the right direction and continues to promote.
What are the market trends for the next 12 months?
Rory Kimber, 1x2 network customer / marketing director
The online gambling has just been legalized in 2015, but this is a bazaar that has an unimaginable catchy future. Bazar is regulated, for example, as a sporting fee or casino, and will be managed by Romanian gambling. Romania's online gambling Bazar is growing at a conviction pace. Romania still has a lot of unresolved, and we will freeze the rise in the maximum number of months and several years so that we continue to guarantee fun skills to players through our Ultra Casino brand. I have the intention. "
As we see, similar popular mechanisms in other European markets will develop, and the concept of related games will be expanded. It is interesting how to combine with popular topics and mechanics on the spot.