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Romania Update: Online Gambling licenses now available

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Last year’s Romanian Presidential election surprised the whole world. This has come as a surprise to the Romanian’s aswell, but they can certainly say that the true democracy, which was instated 25 years ago, is a Transylvanian Saxon, part of Romania’s German minority becoming the president.

But, the election of Klaus Iohannis as President of Romania wasn’t the online viral news coming from this area. The online gaming world has been surprised aswell, since Romania finally regulated the online gaming market late last year by modifying the law which was set up in 2009, where they’ve restricted all online gaming activities.

Thus the new regulation allows foreign companies involved in online gambling industry to register and get licensed on the territory of Romania. Most of the new amendments brought by GEO 92/2014 will enter into force within 45 days as of Dec. 30. The Government will issue implementation norms within 30 days following the expiry of the initial 45 days.

Taxes will be differentiated by turnover tax and will start from 6.000 Euros and can go up to 120.000 Euros. The above bracket will explain the figures:

6.000 Euros for companies with annual turnovers up to 500.000 Euros
24.000 Euros for companies with annual turnovers between 500.001 and 1.000.000 Euros
60.000 Euros for companies with annual turnovers between 1.000.001 and 5.000.000 Euros
96.000 Euros for companies with annual turnovers between 5.000.001 and 10.000.000 Euros
120.000 Euros for companies with annual turnovers over 10.000.000 Euros

“Administration” fees have been added aswell, 2.500 Euros for the document analysis and 8.5000 Euros/year/license.

We shall cover this news in detail in our Eastern European Gaming Report.

With an experience of over 8 years in the online gambling industry, as an affiliate, later affiliate manager and consultant, I consider myself a veteran of the industry and can guarantee that you will be served with the most accurate information.

European Gaming News

EGT Romania: new promotions for slot machines!

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EGT Romania: new promotions for slot machines!

 

A challenge that EGT Romania has always accepted, both towards customers and other operators, most of them already becoming partners, is to always offer them the opportunity to grow their businesses by choosing the most performing, attractive, interactive, awarded and appreciated products from the gambling industry. So, periodically we make offers as attractive as possible to facilitate the decision to progress of each operator.

Starting with January 2020, EGT Romania offers operators the opportunity to purchase slot machines from both previous generations and the latest models, at extraordinary prices conditions.

VEGA VISION UP, VEGA VISION +UP, VEGA VISION +ST – in 12 or 24 installments without advance payment

The increasingly diverse demands of players develop the need for operators to integrate tailor-made products and services into their gaming halls. AWPs are some of them. Taking this into account, you can now take advantage of the following offer:

  • You can purchase cabinets from the Vega Vision range with AWP mixes in 12 or 24 installments, without advance payment.
  • You can also purchase Vega Vision cabinets in 12 or 24 installments, without advance payment, if you choose game mixes from the Collection Series range.

!!! In addition, we thought that you might want to convert AWP to Collection Series or vice versa at some point, so we created a minimum cost for you. Therefore, you will benefit of only 999 Euro + VAT per conversion (compared to 1950 Euro + VAT – the basic price).

P-24/24 UP, P-27/27 ST SLIM – 2 months free of charge!

These EGT slot machines, equipped also with AWP game mixes, awarded and appreciated year after year, are still in the top of the preferences of players and operators alike.

The active special offer consists in:

  • Enjoy 2 months free of charge when renting P-24/24 Up and / or P-27/27 St Slim with AWP game mix

S32/55 – S-line range – 40 E discount

Presented for the first time in Romania in September 2019, within the EAE, the S32/55 terminal, from the S-line multiplayer range, impresses with the imposing appearance, with a dominant display of 4K resolution, 55 inches.

Active offer:

  • You can rent S32/55, during this period, with 40 E discount.

For questions, complete information and additional details, we invite you to contact the EGT Romania sales team at the data available here.

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Oryx Gaming signs deal with NetBet

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Oryx Gaming signs deal with NetBetReading Time: 1 minute

ORYX Gaming has enhanced its Romanian footprint with a deal with the leading operator NetBet.ro.

Oryx had already obtained license from the Romanian National Gambling Office (ONJN). The partnership with NetBet is a suitable one to boost its presence in the country. NetBet customers will be able to immerse themselves in ORYX’s leading slot and casino games portfolio. These titles will be accompanied by a wide range of outstanding games from world-renowned content studio Gamomat. All will be made available through the ORYX RGS.

“Romania’s iGaming market is thriving and partnering with NetBet is the perfect way to continue our expansion in the region. Our titles are sure to resonate well with NetBet’s customers and deliver more strong results.” commented Matevz Mazij, ORYX Gaming CEO.

Source: Latest News on European Gaming Media Network

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EGT Romania obtains Type Approvals for new games

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EGT Romania obtains Type Approvals for new gamesReading Time: 2 minutes

EGT Romania has received Type Approvals for 2 for two of its latest gaming collections: King Collection 1 and Purple Collection. The former is, a fascinating mix of roulette games, while the latter is a collection of slot games.
Both these games boast of brightest dynamics and excellent designs. State-of-the-art technologies power these games as well.

King Collection 1—now with Type Approval for Romania
King Collection 1, the lord of multiplayer and roulette terminals game mixes, and also of slots through M-CORE platform developed by EGT Multiplayer, is a multi-game with exceptional HD resolution. It offers 40 different, interactive and exciting games. These covers roulette games (up to 6 different wheels), Blackjack, Keno, Jacks or Better poker and 36 slot games. You will also recognise famous titles, such as 20 Super Hot, Rise of Ra or 20 Diamonds.
With type approval for S-line products, like S32, S32/32 and S32/32/32, King Collection 1 can be supported by terminals, whether connected to a roulette centre or stand alone, having the attributions of a slot machine. The 4-level mystery jackpot system, Jackpot Cards, will connect the terminals to the enthusiasm of the aficionados. Jackpot Cards is an exclusive product specially designed for the revolutionary generation of multiplayer S-line terminals and it only works with the products in the range.
Combined with the emerging features that S-line products offer, the performance of King Collection 1 games exceeds the expectations of all operators and players. With an elegant and pure design, with 32” FULL HD main monitor with touch screen, Dolby surround system for better gaming experience, attractive LED lights around the terminal proving an unlimited flexibility that they can be arranged in various configurations, S32, S32/32 and S32/32/32 revolutionises the gambling industry.
Now, the operators can guide the gaming to a superior level of interactivity and enthusiasm with King Collection 1.
Along with King Collection 1, the Rigel II game mix has homologation, offering a very attractive variety of slot and roulette video games for the most sophisticated players. The Rigel II collection features 40 exciting games, with 20 more than Rigel I.

Purple Collection—now with Type Approval for Romania
EGT is constantly expanding its multi-game mixes, so the largest collection in the portfolio, Collection Series, is now enriched with the Purple Collection, which has recently obtained the Type Approval for Romania. Supported by the ultra-performance Exciter III platform, Purple Collection attracts with the 48 titles it offers, some of which are already very popular around the world.
Enhancing high-definition experience, Purple Collection also unveils 20 completely new games in terms of design, interactivity and dynamics.
With an obvious success at the exhibitions where it was presented, Purple Collection attracted visitors coming from around the world, demonstrating the clear added value that EGT always reveals.
Type approvals obtained in Romania for King Collection 1 and Purple Collection are an important catalyst for local operators to turn the services they provide to player in top entertainment. Now, they are available for orders to all EGT Romania partners.

EGT sales representatives are available anytime for further information. Contacts, as well as details about King Collection 1 and Purple Collection are highlighted on EGT Romania website: www.egt-bg.ro.

Source: Latest News on European Gaming Media Network

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