Types of Online Casino in Romania
If we compare land-based casinos with online casinos in Romania, we can find several differences between them: for example, online casinos give better chances than traditional ones.
It was on the 18th of August 1995, when the first online casino in the world appeared, and it was called Internet casino. On this site, players had the opportunity to try 18 different games.
Of course, online casinos offer people from all over the world to gamble without having to leave their homes and go to Las Vegas. In case you want to play in traditional land-based casinos, it is quite possible that you have to drive a few hours to get to the casino. Online casino versions are just a click away. It only takes a few seconds, and you have already entered the online casino, where you have nothing to do except to choose one of the games. In addition, you can also read the rules and basic skills about a particular game, so even if you are a beginner, you can play any game of chance.
One of the most famous and played casino games in Romania, probably, are slot machines. Today, online casinos offer almost the same benefits as regular land-based ones in Romania. By reading casino reviews, you can easily select the game you want to play and all the basic information about gambling-driven activities. There are thousands of online casinos on the Internet you can choose from, and their numbers will grow in the future.
First of all, there is a download based version of online casinos, where the client downloads software to play one of the casino games available in Romania. Thus, there is a chance that players must wait until the program is loaded, and there is always a risk that a virus that may harm the computer will be loaded.
Secondly, there is an online casino version. In this case, software downloads are not required for players, as a rule, the game is played in the browser.
The third type of casinos is live casinos. In this case, the players, although they play in the online environment, are in contact with live dealers, so they can see and hear them.
Types of Casino Games for Gamblers in Romania
Virtual gambling-driven establishments started to exist relatively recently, but during this time they have managed to noticeably outperform their traditional counterparts in popularity in Romania. In most cases, online casinos provide users with a very good choice of gambling-driven entertainment, thanks to which any player can choose the most suitable option in Romania. For some customers, choosing from this range sometimes turns out to be quite a challenge. For this reason, the most demanded forms of gambling-driven activities = that can be found in modern virtual gambling-driven establishments in Romania should be considered in more detail. Most online casino customers prefer to spend time playing slots, roulette or card games. Roulette compares favorably with other options by the opportunity to bet on different versions of the game. Here you can put both on the color – “red” or “black”, or even on a specific number. Naturally, in the latter case, the chances of winning are much lower, but its size can be impressive. For roulette there are a lot of strategies, but their effectiveness is often questioned, because the use of such tactics can not guarantee a win.
Card games, which are widely represented in every major online casino in Romania, are also very popular. Here, the chances of winning depend not only on luck, but also on the knowledge and skills of a particular user. Due to this, experienced connoisseurs of card games in Romania often make a successful career, earning a living from their favorite entertainment. However, one should not assume that this option will allow any user to immediately start winning big money in Romania. In order to succeed in poker or blackjack, people often spend years training and improving their own skills.
Despite the huge popularity of roulette and card games, slots are the most popular type of gambling-driven entertainment in Romania. They are incredibly diverse and differ not only in the number of lines and drums, but also in the percentage of payouts and the storyline. They make it possible to stake a minimum amount, often equal to just a few cents, and make it possible to get an impressive cash prize. Nevertheless, we should not forget that in slot machines, as well as in other entertainment offered by online casinos in Romania, the institution has an advantage over customers.
Due to the recent dates of legalization of online gambling-driven activities in Romania, casinos themselves are still little known. Among the popular portals, users note the resources of international operators:
- Europa casino;
- Slots Magic;
- Unibet;
- Omni;
- Casino Room.
Most of them are multi-platform portals offering the opportunity to play on slots of well-known manufacturers in Romania: Microgaming, IGT, NetEnt, Betsoft, Merkur, and others.
Online Gambling Laws and Regulations in Romania
Romania has a long history of gambling-driven activities legalization. The first national lottery in the country, Lottery Romana, appeared in 1906. During the reign of Nicolae Ceaușescu, gambling-driven activities were banned. However, in 1990, after the overthrow of his power, the gambling-driven business was legalized again. Already in 1991, the first casino appeared in the country, founded by the Austrian company Casino Austria.
From this moment began the active development of the gambling-driven industry in Romania:
1992 – the work of the Commission on gambling-driven activities was organized. The agency monitoring the activities of all land-based casinos in the country was charged in Romania.
1993 – Law on the taxation of gambling-driven establishments in Romania was passed.
1998 – compulsory licensing in Romania was introduced. Provisions enshrined in the Law “On the regulation of gambling”.
1999 – requirements for sites and buildings that were used for organizing casinos in Romania were introduced.
2003 – the government developed a scheme for attracting foreign investment. The activity of bookmakers accepting sports betting in Romania was permitted.
To date, the work of land-based gambling-driven activities is regulated by almost a dozen official laws, decrees, regulations. In addition, there are additional instructions, orders, decisions submitted by the National Gambling Office in Romania.
The situation with the legalization of online gambling-driven activities looks a bit more complicated. In fact, gambling-driven activities sites run on Romanian servers from 2008-2009. But until 2015, their activities were considered illegal in Romania.
The first attempt to legalize online casinos in Romania took place in 2009. However, the European Commission found a number of shortcomings in the submitted draft law and “wrapped it up”.
The process of legalizing online gambling-driven activities, conducted in 2011 in Romania, ended the same way. The EU representatives ruled that the Romanian laws did not fully comply with the provisions in force in the European Union.
And only the last law adopted in 2015 was found to be satisfactory. The authorities have set the legal framework for doing business for local and international companies in Romania. Along with that, they introduced a three-level tax system.
Operators working since 2009 on the black market, also received a proposal for legalization. Solving the issue allowed the payment of a 20% tax on all income received over the years of activity.
Then, in 2015, the work of the official regulator of gambling-driven activities – the National Gambling Bureau of Romania (Oficiul Naentional pentru Jocuri de Noroc, ONJN) was organized. Thus, Romania has managed to centralize all activities related to the gambling-driven business on the Internet.
The priorities of the department are:
- licensing of online operators;
- control over online casinos;
- research and analysis of trends in the European gambling-driven market on the Web.
According to the head of the department, Cristinela Nistor, among other things, the Bureau in Romania seeks to submit proposals for the development of new provisions that will allow the Romanian legislation to be in line with European norms. And thus stimulate the market and increase budget revenues.
The results were not long in coming. Already in 2016, new rules for online gambling-driven activities operators were published in Romania. According to their provisions, the following requirements are introduced:
- to providers: they must be resident in Romania or the EU and have the appropriate licenses;
- By the time of payment of taxes: the exact time frame, methods of payment and penalties are determined in case of violation of the above requirements in Romania;
- to the design of sites: online casinos undertake to clearly state the sizes of rates, prizes, limits and percentages in the Romanian language.
New provisions have caused mixed reactions in Romania. As it turned out, most operators do not have licenses that meet the requirements of the new rules.
Some companies chose to leave the market in Romania. In particular, William Hill has suspended the activities of its casinos.
However, many providers have fulfilled the conditions of laws adopted in 2015-2016. In addition, several well-known companies announced the desire to develop the Romanian market.
Best Deposit Methods for Gamblers in Romania
Great chances of success and a high percentage of returns are the advantages of online-casino establishments. The gamer, who was lucky to break the desired sum in Romania, will immediately issue a withdrawal, wishing to receive his/her winnings as soon as possible.
Before doing this, the user needs to thoroughly study this process so that the gambling-driven activities fun on a popular entertainment platform in Romania gives a maximum of positive emotions.
First of all, a risky user can replenish an account using any payment system allowed. It can be such options as: Visa, MasterCard, Neteller. Qiwi and WebMoney are very popular, but gamers can choose any method of payment that is most convenient for them.
Neteller was opened in 1999 in an offshore zone on the Isle of Man (British Isles). For many years, Neteller was the number 1 payment system for all poker rooms and online casinos in Romania.
The turning point for this system happened when the US banned its citizens from using the system to replenish gambling-driven institutions. But in March 2014, Neteller again received permission to operate in the market.
Founded in 1998, WebMoney Transfer is an international system and online business environment. During this time, more than 36 million people worldwide have joined the system.
The WebMoney system provides services that allow you to keep records, exchange funds, raise funds, resolve disputes and enter into secure transactions in Romania.
All transactions in the system are instant and irrevocable.
The WebMoney technology is based on providing all the participants of the System with unified interfaces for the direct management of their property rights to valuables stored in specialized companies – Guarantors.
System Participants have the opportunity to open wallets from any Guarantor. For convenience, the wallets of one user are combined in a vault (keeper) with a user registration number WMID.
The unit for measuring property rights in valuables is the title character WebMoney (WM) of the corresponding type.
To interact with the participants of the System, each participant provides the necessary information about his/her identity, which is checked and confirmed their authenticity through the distributed WM-certification service.
Based on transactions with other participants in the exchange of property rights for each participant, the System calculates a public parameter – the business level.
Please note that the deposit time depends on the chosen payment option. The gaming account will be credited at that moment, as soon as the payment system used by the user notifies the casino of the receipt of funds in Romania.
A gamer can contact the support chat, if his/her account hasn’t been replenished within five hours. In this case, he/she needs to provide the employees with all the data on the payment made, so that they check it manually.
A virtual casino in Romania accepts mobile payments, but a gamer can make a deposit through payment terminals also.
The gambler has to log into his/her account, go to the Cashier section and activate the “Deposit” option. Then the gamer chooses any payment system, currency and amount. After that, he/she clicks on a special button for making a replenishment. Please note that a fee is charged for depositing money, the amount of which depends on the chosen payment system.
Accepted Currencies in Romania
Before Romania became part of the Roman Empire and adopted Roman coins, Roman and Macedonian coins were used throughout the country, as well as money of the warlike tribes that inhabited Romanian territory, the Getae and the Dacians. They even used Celtic coins. Then, almost until the 15th century, Byzantine money was in circulation. Later it was replaced by Hungarian, Czech, Venetian, Genoese, Bulgarian coins. At the same time, some regions of the country began chasing their own currency. When Romania came under Turkish rule, Turkish coins began to be issued on its territory, and in the 16th century, with the coming to power of Austria, Austrian coins came into use in Romania.
In the middle of the 19th century a revolution occurred in Romania. After that, the currency of Romania was called “ducat” and in 1853, paper notes appeared for the first time. In 1856, new money was issued in Romania, which was based on the bimetallic standard and gained a new name – leu. However, until 1890, the French franc and the Russian ruble were used along with the national currency.
The economy, built under the strong influence of communism, was rather shaky in Romania, and by the end of the 20th century, along with the collapse of the Soviet Union, had finally collapsed. The inflation rate was off scale in Romania, and a banknote with a face value of 1 million leu entered into circulation. But a successful monetary policy led to the fact that the rate began to stabilize. In 2005, a new Romanian currency came into circulation, which was named the new Romanian leu. Its international designation is RON, banknotes are issued in denominations of 1, 5, 10, 50, 100, 200, 500. One leu consists of 100 bani, and one new leu is equal to 10 thousand old leu.
And, although it should have given way to the euro in 2015, now experts predict that a change in the national currency can be possible no earlier than 2020 in Romania.
Romania in 2007 became part of the European Union and in 2015 was supposed to accept the euro as the official currency. But after many political and economic events, it turned out that 8 years is not enough time to introduce a new monetary unit. Therefore, the official currency of Romania is leu. Nevertheless, many casinos are now taking deposits in the local currency, which is not a problem for the game. Otherwise, the leu can always be exchanged for dollars and euros, which are accepted at any casino in the world.
Predictions About the Future of Online Gambling in Romania
Gambling-driven business in Romania today is absolutely legal. In the country, ground-based gambling-driven activities entertainment are widely distributed and popular. Online gambling-driven activities were officially legalized relatively recently – in 2015. At the same time, the government continues to work on improving the legislative framework. The latest amendments to the relevant legal acts were made in 2016. New provisions significantly changed the situation in the online gambling-driven activities industry.
Despite the legalization of the gambling-driven business, there are strict restrictions. In particular, only adults over the age of 18 are allowed to play to prevent gambling addiction.
Moreover, according to the rules introduced in 2016, operators are obliged to take care of the protection of minors:
- billboards are prohibited to be installed near schools.
- in marketing materials, there is an instruction to prohibit the participation of minors in gambling-driven activities.
- strict account verification procedures are conducted at online casinos.
All gambling-driven establishments and portals are obliged to cooperate with the Public Fund for Responsible Games and to track signs of the likely occurrence of dishonest among visitors.
Despite the rather stringent legal requirements and the ongoing regulation of the online industry, experts positively assess the prospects for the development of gambling-driven activities in Romania. Evidence that confirms the active development of the market by international operators are in favor of positive forecasts. For example:
- opening of a live casino studio by Playtech;
- obtaining a Romanian license by the developer and supplier of gambling-driven games Yggdrasil Gaming;
- registration of a Romanian license by content provider for the online casino EVERYMatrix;
According to the report of the European Gaming Commission, the influx of companies willing to enter the Romanian market has increased markedly. The owners of temporary licenses became 13 operators. And the list of applicants for permits continues to grow.
