Key Takeaways
- The amendments to Romanian gambling laws which were discussed in parliament two months ago, have made it to the statute books in time for 2015.
- Taxes on players’ winnings have been substantially reduced. The former 25% rate only applies to winnings over €100,000. The lowest rate is just 1%.
- The changes also provide a legal process for online non-Romanian online operators to apply for gambling licenses. The first licenses could be awarded as early as Q1 of 2015.
The amendments to Romanian gambling laws which were discussed in parliament two months ago have made it to the statute books in time for 2015.
Taxes on players’ winnings have been substantially reduced. The former 25% rate has been replaced with separate rates depending on the amount of winnings.
The lowest rate is just 1%, rising to 16% for winnings above €15,000—the 25% rate is not applied until winnings exceed €100,000.
