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B2C Gambling License in Romania

B2C Gambling License in Romania

In recent times, Romania has established itself as an attractive market for the gambling industry, demonstrating impressive growth and revenues in this sector. Considering that online gambling was legalized in the country only in 2010, these indicators are even more impressive. Thanks to free market niches, huge public interest in online games, and a well-established regulatory framework, Romania has enormous potential and opportunities for the development of the gambling business.

The regulator in the jurisdiction is the Gambling Commission (ONJN), which issues permits for activities in this area. The main types of gambling licenses in Romania are:

Class 1 License - This is a permit that gives the B2C ("business-to-consumer") operator the right to provide gambling services in the Romanian market and cooperate with local affiliates.

Class 2 License - This is a permit required for B2B ("business-to-business") providers who offer their products or services to licensed B2C operators.

Advantages of a B2C Gambling License in Romania

  • Relatively fast acquisition time - 30 days;
  • license validity period - 10 years with the possibility of renewal;
  • the license allows opening an IBAN account in European payment systems and cryptocurrency exchanges;
  • the ability to offer gambling products in a large number of jurisdictions;
  • trust from users and providers.

Requirements for Obtaining a Gambling License

  • The B2C operator must be a resident of this jurisdiction, the EU, or the EEA;
  • the company must appoint a local authorized representative;
  • it is necessary to open an account with a Romanian bank; payments are allowed only through payment systems approved by ONJN;
  • the requirements for the authorized capital depend on the type of games offered by the operator;
  • the main gaming server must be located in Romania, or mirror servers must be installed in the country;
  • it is allowed to offer products and services only from B2B suppliers with a Class 2 license;
  • the presence of a certificate for the gambling system (software and platform are included in the scope of certification), issued by a specialized company with a Class 2 license.

If you are interested in obtaining a gambling license in Romania, IT-OFFSHORE lawyers will help prepare the necessary documents in accordance with the requirements of the regulator.

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