The federal government of Romania is reportedly reconsidering its online gambling licensing regulations and tax requirements after little to no interest has been generated by gaming operators in nearly four years.
Romania implemented tax rates that were a staggering 25%, much higher than the norm paid by licensed betting firms in other countries. As a result no interest has been generated, forcing politicians to consider lengthening the term of a license as well as reducing the tax levels.
It is expected that a draft on the changes could be read and debated this month with a vote an implementation likely occurring next year.
Casino Listings will update this story as more developments arise.