Online Gambling -ROMANIA.Whether you are applying for an online or land-based gaming licence in Romania or involved in a merger or acquisition, all parties would need to know that representations made by the other parties are correct.
Effective liaison with gaming, tax and financial authorities will save you time and money. Authorities generally tend to use intelligent bureaucracy; however, getting to know their rules and procedures might be frustrating.Non-compliance with regulatory requirements may lead to the suspension or cancellation of the license, to substantial fines or even criminal prosecutions. Further, according to the Romanian gaming legislation, any change in your structure, organization, games, processes etc. needs to make the subject of notification and approval by the Gaming Commission.