Casino Life & Business Magazine special edition ICE 2020

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English Edition

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ani years

Media Partner of the Year

Gene Chayevsky Pre]: 24,90 LEI

CASINO LIFE & BUSINESS MAGAZINE ICE SPECIAL EDITION. february 2020

ICE SPECIAL EDITION February 2020

Executive Vice President, Europe and South America, BMM testlabs

ExpoCon

CENTRAL EUROPEAN GAMBLING SUMMIT 20

MARCH / 10-11 / MARTIE details: redactie@casino-magazine.ro

CEGS www.casino-magazine.ro

powered by

Media partner of the year

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EDITORIAL / VIP / BUSINESS / POKER / SPORT / PICTORIAL / TURISM / CASINO / HOROSCOP

BMM – Market Leadership and Innovation at the Start of a New Decade

ICE London focusses on “what’s new” in gaming with 73 first-time exhibitors

Summary of the conditions of licensing, authorization and taxation of gambling activities in Romania

Central European Gambling Summit 20

LEGISLATIVE BALANCE OF 2019 IN THE GAMBLING FIELD

Casino Life & Business Magazine Awards Gala again a major success

50 10 52 16 54 18 58 30 62 34 66 40 72

Responsible Gambling Association, at the time of the balance sheet

Land-based Live Casino at Palace Casino Casa Vernescu

DGL PRO, a company anchored in the Romanian reality

Gambling taxation in 2020

The Future of Gaming in Brazil

since 8 YEARS GET’S BET The most important bookmaker with 100% Romanian capital

The Constanta Casino will be restored

Innovation is our tradition.

[ passionate]

Success through continuity.

MERKUR GAMING | Borsigstrasse 22 | D-32312 Luebbecke | Phone +49 (0) 5741 273 6930 | www.merkur-gaming.com | sales@merkur-gaming.com MERKUR GAMING AMERICAS | +1 954 531 1729 | www.merkur-gaming.com | sales@merkur-gaming.com

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EDITORIAL / VIP / BUSINESS / POKER / SPORT / TURISM / CASINO / HOROSCOP

ICE SPECIAL EDITION february 2020

Media partner of the year - Sofia, Bulgaria 2019

“Best iGaming Press in the Region”

Award - Budapest, Hungary 2017

Este interzisă preluarea, reproducerea parțială sau totală a oricărui text, fotografie sau imagine grafică, fără acordul scris al editorului, care deține toate drepturile asupra lor. Orice abatere sau nerespectare a condițiilor și termenilor menționați anterior va fi sancționată conform legislației în vigoare.

Răspunderea asupra conținutului articolelor revine în exclusivitate autorilor acestora. Toate materialele din revistă au caracter informativ și nu trebuie tratate ca fiind sfaturi ale specialiștilor.

“Best iGaming Press in the Region”

Award - Budapest, Hungary 2016

“Best Industry Publication” nomination at the International Gaming Awards - London, UK 2011 & 2012 Media Project Manager Ionu] Andreescu ionut.andreescu@topengineering.ro Editor-in-chief Mihnea Paul Popescu-Grisogono mihnea.popescu@casino-magazine.ro Senior Art Directing Ionu] Nedelcu Senior Editors K.Sino, Poker Player, Laura Camelia, Andra Adam (andra.adam@ casino-magazine.ro), Roxana Ene (roxana.ene@ casino-magazine.ro) Translator Iris Popescu, Dorina Oprea Photo Iris Popescu, PhotoNXT, Sabin Mali[evschi, Adrian Stoicoviciu, Ovidiu Huiban, Vlad Mih\ilescu, Photo, iGaming Post, Anne Laymond - UK Advertising redactie@casino-magazine.ro Correspondents/advertising in: USA: Rodney Azama razama@verizon.net Cyprus & Greece: Lefkothea Georgiou Atart casino@contactcyprus.com Holland & Benelux: Sandrin Bergheanu bergheanus@yahoo. com Switzerland: Thomas Myit thomasmyit@yahoo.com Germany: Stefan Kiss stefan.kiss@casino-magazine.ro Printed by Everest Published by IRIS MULTIMEDIA Ionu] Andreescu ionut.andreescu@topengineering.ro Tel.: +40 744 428 866 CASINO LIFE & BUSINESS MAGAZINE Publicatia auditata ISSN: 1843-3316

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EDITORIAL / DISCOVER / LIFESTYLE / EXPLORER / LEISURE / FASHION / HISTORY / TRAVEL / AGENDA

EDITORIAL / CASINO LIFE & BUSINESS MAGAZINE

Again at ICE London...

by K. Sino

As every time, the beginning of the year is under the sign of the novelties presented at ICE London ...

And ICE London is growing and growing, which shows us that the world gambling industry is far from reaching its peak.

What wonders await us exposed at the 2020 edition of ICE London we will see ...

But until then, one thing is certain, Casino Life & Business Magazine is the only magazine from Romania media partner of ICE London, the largest gambling industry event in the world!

www.casino-magazine.ro

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CASINO LIFE & BUSINESS MAGAZINE / VIP

Vladimir Dicu Gene Chayevsky Dan Alexandru Ghită

VIP / CASINO LIFE & BUSINESS MAGAZINE

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BMM – Market Leadership and Innovation at the Start of a New Decade

B

reaking in the new decade, we are pleased to exhibit at ICE London 2020 to showcase our market-leading testing, audit, and inspection solutions and discuss our rapidly expanding cybersecurity services. As the original gaming test lab with nearly 40 years of expertise and gaming industry experience, BMM continues to set the bar on testing excellence and customer-centric service worldwide. Our top priority is on maintaining the highest level of independent quality testing in the world, assisting regulators, manufacturers and operators in every gaming sector and every regulated market to achieve their respective goals. We’ve built our foundation around providing an extraordinary testing experience with a focus on partnership.

BMM will remain at the forefront, leading the global testing sector with our quality of testing, time-to-market and exceptional customer service. We are committed to providing the hiwww.casino-magazine.ro

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CASINO LIFE & BUSINESS MAGAZINE / VIP

ghest-quality, reliable testing services across all market segments.

BMM takes a proactive approach to keep abreast of all industry trends and challenges, such as new regulated markets, new market segments, and new tools, such as artificial intelligence and blockchain. Our talented leadership and management teams from around the world provide our partners with exceptional value through our unique consultancy methods and knowledge of these industry advancements. Our people, industry expertise and universal market awareness truly differentiate us from our competitors.

Our European business will continue to represent a significant growth opportunity for BMM in 2020, especially with respect to the iGaming market and the expansion of our European customers in the emerging US sports betting market.

We are also very pleased that our Romanian land-based and iGaming testing, audit, and inspection business has emerged over the past two years to become a market leader and an important part of our European footprint. In December 2019, we had the honor and the privilege of accepting the “Best Certification Laboratory Award” at the 13th Annual Casino Life and Business Magazine Gala. This event proudly marked the second year in a row that BMM has been recognized in this category, further distinguishing BMM as a market leader in Romania. We truly appreciate our customers’ support and confidence and are grateful for our local team of marker experts that made this all possible. We will work hard in 2020 to meet and exceed our customers’ expectations.

From a global perspective, 2020 will see BMM expand its focus on bringing sophisticated cybersecurity solutions to our gaming customers. Our solutions focus on enhancing the cyber resilience of our customers through specialized 24/7 monitoring and incident response services, forensic investigation and threat intelligence capabilities, and a suite of professional services www.casino-magazine.ro

2020 Gambling Events in Romania March 10 Central European Gambling Summit - CEGS -

September 7 Women in Gambling Awards Gala, 6th edition

CEGS

November 4 Marketing in Gambling Forum, 5th edition - MkGF5 -

May 18-20 Metropolitan Opera Festival

June 1 Exact Time in Gambling / Serbia, 2nd editon

September 8 Exact Time in Gambling Romania, 8th editon - OExG8 -

Decembrie 8 Casino Life & Business Magazine Awards Gala, 14th edition

For details: redactie@casino-magazine.ro Visit: www.casino-magazine.ro

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CASINO LIFE & BUSINESS MAGAZINE / VIP

designed to identify and remediate any gaps in technology and processes.

I am pleased to announce that in January 2020, we have appointed Mr. Alexandru Petrescu, former Romanian Minister of Communication and Information Society and leading figure across the European cybersecurity landscape, to a leadership role for our global cybersecurity business.

Based in Bucharest, Alex will be instrumental in harnessing the deep pool of cybersecurity expertise available in Europe and across the world, to help develop our solutions.

We look forward to introducing our customers to Alex at ICE

2020 and discussing how BMM’s suite of products and services can substantially mitigate risks of losses due to cyberattacks.

Gaming companies, like companies in many other industries, are frequent targets of cyber crime and also often fall victim to random attacks. With so much valuable and sensitive information in terms of player accounts and personal information, the need for substantial enhancement of cyber resiliency is more urgent than ever for our customers.

We invite all visitors of ICE London to come by BMM’s booth N3-420 to consult with our experts about their testing, cybersecurity and compliance needs.

Alexandru Constantin www.casino-magazine.ro

business / CASINO LIFE & BUSINESS MAGAZINE

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www.casino-magazine.ro Casino Life & Business Magazine

YOUR GATEWAY TO THE GAMBLING INDUSTRY www.casino-magazine.ro

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CASINO LIFE & BUSINESS MAGAZINE / business

ICE London focusses on “what’s new” in gaming with 73 first-time exhibitors Casino Life & Business Magazine is a media partner of ICE London, the largest gambling industry event.

By K. Sino

ICE London is on course to deliver a comprehensive account of what’s new in international gaming with confirmation that 73 exhibitors from 37 jurisdictions will be ‘stepping into the future’ for the first time as part of the world’s largest gaming technology event. The list of 37 states represented by first-time exhibitors comprise: Argentina; Armenia; Canada; Chile; China; Croatia; Curacao; Cyprus; England; Estonia; Germany; Greece; Hong Kong; India; Isle of Man; Israel; Italy; Lithuania; Malta; Mexico; Montenegro; Netherlands; Philippines; Portugal; Republic of Ireland; Russia; Scotland; Serbia; Seychelles; Singapore; Slovenia; South Korea; Spain; Sweden; Taiwan; Ukraine, and USA. Commenting on the importance of the first-time exhibitor metric, Clarion Gaming’s Dan Stone said: “ICE London is experiencing the most successful period in its history. Despite the continued programme of mergers and acquisitions taking place in the industry, ICE continues to grow both in terms of the net floor space it occupies and the number of exhibiting companies which choose London as the place to launch products and services to an international audience. As well as existing exhibitors taking additional space, we are delighted to welcome those companies who will be attending ICE London for the first time. It’s an important part of what keeps ICE London fresh and exciting and we know the ability to meet with potential new suppliers

www.casino-magazine.ro

business / CASINO LIFE & BUSINESS MAGAZINE

resonates with our international visitor base.”

Companies drawn from the payments and securities sectors occupy a significant proportion of those exhibiting for the first time at ICE London, with the Canadian global identity verification expert Trulioo set to debut its GlobalGateway platform in London. Commenting on their decision, the company’s SVP of Marketing Kim Hong said: “Trulioo currently provides identity verification services to numerous gaming operators around the world and we realise how important it is to be at ICE London to meet

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with customers and industry leaders. Gaming is characterised by the deep and long-lasting relationships that people forge within the industry and events such as ICE London are a key opportunity to achieve this.”

Estonian online games developer Spribe is making the transition from visitors to exhibitors at ICE London 2020 with the brand’s Managing Partner David Natroshvili preparing to use their debut to target iGaming’s ‘big players’.

“We are very excited to exhibit at ICE London for the first time, since it provides a wealth of opportunities for companies in the iGa-

ming industry. With the help of ICE London, we look forward to establishing ourselves as a pioneer in the way online casinos engage with new entertainment-hungry demographics.”

Featuring world-leading innovators drawn from the betting, bingo, casino, esports lottery, mobile, online, payments, social, sports betting and street gaming sectors, ICE London 2020 provides unique access to the entire gaming universe enabling delegates to ’Step into the Future’. To register for three days of business development, learning and celebrating alongside the international gaming community, visit: www. icelondon.uk.com. www.casino-magazine.ro

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Summary of the conditions of licensing, authorization and taxation of gambling activities in Romania

By ROMBET

In order to support those involved in the gambling industry in our country, ROMBET provides you with a summary of the conditions for licensing, authorizing and charging the gambling activities in Romania, calculated at the EURO - LEU exchange rate, conditions valid for the year 2020.

www.casino-magazine.ro

interna}ional business / CASINO LIFE & BUSINESS MAGAZINE

Slot-machines – unlimited winnings NR. DENUMIRE EXPLICAȚII EURO CRT. 1 LICENSE FEE RON95,022/yr - for the first year, EUR20.000/yr up to the 25th of the month following the month in which the documentation was approved; For the following years, 10 days before the expiration of the previous year; 2 AUTHORIRON17,104/machine or station/ EUR ZATION FEE yr - it is paid in 4 equal quarterly 3.600/mean of installments, as follows: play/yr A. for the first quarter - until the 25th of the month following the month in which the documentation was approved; B. for the other quarters - up to 25 inclusive of the last month of the quarter (March 25, June 25, September 25 and December 25) for the following quarter.

3 SOCIAL minimum RON30,000 CAPITAL EUR167 for 4 GUARANRON793,434 for each electronic machine with winnings or each elecTEES tronic machine position, as the case may be, with winnings whose owner is the organizer or position or RON1,425.33 for each electronic machine with winnings or if the orgaposition, as the case may be, if nizer owns or the organizer owns it in another EUR300 for form, as the case may be , but each electronic not more than RON285,066 at machine with the level of a single organizer winnings or position, if not owner, but not more than EUR60,000 5 MINIMUM the minimum number of game NUMBER OF means that can be operated by MACHINES the same economic operator is 75 devices, which can be operated within the same or different locations.

6 MINIMUM at least 20 means of gambling NUMBER OF in Bucharest and 12 in other MACHINES / locations, for the spaces where, HALL in addition to the other activities carried out within the respective premises, other than the exploitation of gambling, only this category of gambling means is exploited 7 MINIMUM maximum five means of play, NUMBER OF for the authorized places for the MACHINES betting activity in BETTING HALL 8 INTERat least 50 gaming devices CONNECinterconnected in the jack-pot TION game system, in case the game means are operated in at least two locations

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MINIMUM OF at least 2 terminals (stations) TERMINALS for slot-machine games that are built in a single entity and where the operation is performed from several terminals (stations) TAX PROFIT 16% of taxable profit or 1% of the income for those who made less than one million euros in the previous year FEE ON VICE RON1,900 /means of play/ yr EUR400/mean to be paid by the organizer at of play/yr the payment deadlines for the authorization fee, for the current quarter INCOME The revenues obtained under TAX FROM the value of the non-taxable GAMBLING amount of RON66,750, including, realized by the taxpayer for each gross income received are not taxable. The verification of the classification in the non-taxable ceiling is made on each payment, irrespective of the type of game from which the respective income was obtained.

If the gross income received on each payment exceeds the nontaxable ceiling of RON66,750, including, the taxation is made separately from the income obtained from participating in other types of gambling.

Payers of gambling revenues, withholding at source, are required to submit a statement regarding the calculation and withholding of tax for each income beneficiary, to the competent fiscal body, until January 31, inclusive, of the current year for the expired year.

Slot-machines – limited winnings EUR1,500/mean of AUTHORIRON7,127/machine or play/yr ZATION FEE station / yr - is paid in 4 equal quarterly installments, as follows: A. for the first quarter - until the 25th of the month following the month in which the documentation was approved; B. for the other quarters - up to 25 inclusive of the last month of the quarter (March 25, June 25, September 25 and December 25) for the following quarter.

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GUARANTEES

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MAXIMUM EXPLOITATION NUMBER

RON793,434 for each electronic machine with winnings, if any, whose owner is the organizer or RON1,425.33 for each electronic machine with winnings, as the case may be, if the organizer owns it in another form, as the case may be, but no longer more than RON285,066 at the level of a single organizer Maximum three electronic devices attributable to limited risk winnings, for the spaces in which other activities of economic character are carried out, the location, organization and exploitation of the respective means of play being realized separately within the location only by a single organizer.

For this category, Class B Authorization will be granted

EUR167 for each electronic machine with winnings if the organizer owns and EUR300 for each electronic machine with winnings operated, if the organizer is not the owner, but not more than EUR60,000

Mutual bets 1 LICENSE FEE RON213,800/ yr - for the first year, until the 25th of the month following the month in which the documentation was approved; - for the following years, 10 days before the expiration of the previous year; 2 AUTHORI16% of the revenues from gamZATION FEE bling, estimated for the first year of authorization, but not less than: RON427,599 or 16% of the revenues realized at the level of the organizer, as defined, performed monthly, for the entire licensing period, starting with the first month in which the estimated results are exceeded.

3 SOCIAL minimum RON1,000,000 CAPITAL 4 GUARANRON33,257.70 for the activity of the TEES economic operator of organizing bets and RON475.11 for each point of work (agency) in which it operates, but not more than RON475,110 at the level of a single organizer

5 MINIMUM for the betting activity, the minimum NUMBER OF number of halls in which the activity HALLS of the same economic operator can be exploited is 15 6 MINIMUM for the betting activity, the minimum NUMABER number of terminals specialized in OF providing an economic operator is 30 TERMINALS

EUR45,000/yr

In the first year of authorization, not less than EUR90,000

EUR7,000 + EUR100for each agency but no more than EUR100,000 at the level of a single organizer

7 MINIMUM TECHNICAL EQUIPMENT FOR: A. CENTRAL computerized system for recording, LOCATION storing, approving and accounting reporting of bets made, composed of server, system for securing transmissions, computers for tracking bets made, data transmission system (internet, radio, telephone, etc.)

B. WORK agency: at least one specialized STATION terminal for issuing and registering bets, a printer for issuing bets, data transmission system to the central location 8 TAX PROFIT 16% of taxable profit or 1% of the income for those who made less than one million euros in the previous year 9 INCOME TAX Income from gambling is required by FROM THE withholding at source.

PRIZES The tax due is determined on each payment, by applying the following tax scale on each gross income received by a participant, from an organizer or payer of gambling income: Slices of gross Tax – RON income – RON up to 66,750, 1% including 667.5 + 16% over 66,750 445,000, includ- because it ing exceeds the amount of 66,750 lei over 445,000 61,187.5 + 25% for what exceeds the amount of RON445,000 The payers of gambling income, withholding at source, are required to submit a statement regarding the calculation and withholding of tax for each income beneficiary, to the competent fiscal body, until January 31, including the current year for the expired year.

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Fixed odds bets RON118,778 / year - for the first year, up to the 25th of the month following the month in which the documentation was approved; - for the following years, 10 days before the expiration of the previous year; AUTHORI16% of the revenues from gamZATION FEE bling, estimated for the first year of authorization, but not less than: RON427,599 or 16% of the revenues realized at the level of the organizer, as defined, performed monthly, for the entire licensing period, starting with the first month in which the estimated results are exceeded.

SOCIAL Minimum RON1,000,000 CAPITAL

LICENSE FEE

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EUR 25,000 / yr

In the first year of authorization, not less than 90,000 euros

business / CASINO LIFE & BUSINESS MAGAZINE

The

Saturday Interview on our Youtube TV channel

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GUARANTEES

RON33,257.70 for the activity of the economic operator of organizing bets and RON475.11 for each working point (agency) in which it carries out its activity, but no more than RON475,110 at the level of a single organizer

MINIMUM for the betting activity, the minimum NUMBER OF number of halls in which the activity HALLS of the same economic operator can be exploited is 15 or the betting activity, the minimum MINIMUM NUMBER OF number of terminals specialized in proTERMINALS viding for an economic operator is 30 MINIMUM TECHNICAL EQUIPMENT FOR: A. CENTRAL computerized system for recording, LOCATION storing, approving and accounting reporting of bets made, composed of server, system for securing transmissions, computers for tracking bets made, data transmission system (internet, radio, telephone, etc.)

B. WORKING POINT

agency: at least one specialized terminal for issuing and registering bets, a printer for issuing bets, data transmission system to the central location

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PROFIT TAX

16% of taxable profit or 1% of the income for those who made less than one million euros in the previous year

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Income from gambling is required INCOME by withholding at source. The tax TAX FROM THE PRIZES due is determined on each payment, by applying the following tax scale on each gross income received by a participant, from an organizer or payer of gambling income: Slices of gross Tax – RON income – RON up to 66,750, 1% including 667.5 + 16% over 66,750 what exceeds 445,000, including the amount of RON66,750 over 445,000 61,187.5+25% for what exceeds the amount of RON445,000 Payers of gambling income, withholding at source, are required to submit a statement regarding the calculation and withholding of tax for each income beneficiary, to the competent fiscal body, until January 31, including the current year for the expired year.

EUR 7,000 + EUR 100 each for each agent not more than EUR 100,000 at the level of a single organizer

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Betting in counterparty LICENSE FEE RON118,778/ year - for the first year, up to the 25th of the month following the month in which the documentation was approved; - for the following years, 10 days before the expiration of the previous year; AUTHORI16% of the revenues from gamZATION FEE bling, estimated for the first year of authorization, but not less than: RON427,599 or 16% of the revenues realized at the level of the organizer, as defined, performed monthly, for the entire licensing period, starting with the first month in which the estimated results are exceeded.

SOCIAL minimum RON1,000,000 CAPITAL GUARANRON33,257.70 for the activity of the TEES economic operator of organizing bets and RON475.11 for each working point (agency) in which it carries out its activity, but no more than RON475,110 at the level of a single organizer

MINIMUM for the betting activity, the minimum NUMBER OF number of halls in which the activity HALLS of the same economic operator can be exploited is 15 MINIMUM for the betting activity, the minimum NUMBER OF number of terminals specialized in TERMINALS providing for an economic operator is 30 MINIMUM TECHNICAL EQUIPMENT FOR: A. CENTRAL computerized system for recording, LOCATION storing, approving and accounting reporting of bets made, composed of server, system for securing transmissions, computers for tracking bets made, data transmission system (internet, radio, telephone, etc.)

B. WORKING agency: at least one specialized POINT terminal for issuing and registering bets, a printer for issuing bets, data transmission system to the central location PROFIT TAX 16% of taxable profit or 1% of the income for those who made less than one million euros in the previous year

www.casino-magazine.ro

EUR 25,000 /yr

In the first year of authorization, not less than EUR 90,000

EUR 7,000 + EUR 100 each for each agency not more than EUR 100,000 at the level of a single organizer

interna}ional / CASINO LIFE & BUSINESS MAGAZINE

COMPLEX DE POLIGOANE de tir sportiv pentru arme scurte cu glonț, carabine și arme neletale Complexul dispune de 3 poligoane separate de 50, 25 și 15m lungime cu linii de tragere automatizate, construite după cele mai noi standarde de siguranță în domeniu.

Poligonul dispune de sală de instructaj separată și o zonă de așteptare de unde invitații pot urmări activitatea din poligon, prin geamurile antiglonț. /calibru9

calibru_9

www. calibru9.ro

Adresa: Str. Vatra Luminoasă 108, Sector 2, București

0743.129.129

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INCOME TAX Income from gambling is required FROM THE by withholding at source. The tax PRIZES due is determined on each payment, by applying the following tax scale on each gross income received by a participant, from an organizer or payer of gambling income: Slices of gross Tax – RON income – RON 1% up to 66,750, including 667.5 + 16% over 66,750 what exceeds 445,000, including the amount of RON66,750 61,187.5 + 25% over RON445,000 for what exceeds the amount of RON445,000 Payers of gambling income, withholding at source, are required to submit a statement regarding the calculation and withholding of tax for each income beneficiary, to the competent fiscal body, until January 31, including the current year for the expired year.

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MINIMUM NUMBER OF TABLES IN BUCHAREST

the minimum number of special gambling tables within the location where the casino activity is organized is: 12 in Bucharest, of which at least two roulette tables

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MINIMUM NUMBER OF TABLES IN OTHER LOCATIONS THAN BUCHA-REST

10 in other locations than in Bucharest, of which at least two roulette tables

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PROFIT TAX 16% of the taxable profit but not less than 5% applied to the registered income 1% of the income for those who made less than one million euros in the previous year

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CASINO ENTRACE FEE

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The revenues obtained under the INCOME value of the non-taxable amount of TAX FROM THE PRIZES RON66,750, including, realized by the taxpayer for each gross income received are not taxable. The verification of the classification in the nontaxable ceiling is made on each payment, irrespective of the type of game from which the respective income was obtained. If the gross income received on each payment exceeds the nontaxable ceiling of RON66,750, including, the taxation is made separately from the income obtained from participating in other types of gambling.

Payers of gambling income, withholding at source, are required to submit a statement regarding the calculation and withholding of tax for each income beneficiary, to the competent fiscal body, until January 31, including the current year for the expired year.

Games of Chance characteristic to the Casinos 1

LICENSE FEE

RON451,355 / year - for the first year, up to the 25th of the month following the month in which the documentation was approved; - for the following years, 10 days be­­ fore the expiration of the previous year;

EUR 95,000 /yr

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AUTHORIZATION FEE BUCHAREST

for each table: RON285,066/yr - it is EUR paid in 4 equal quarterly installments, 60,000 /yr as follows: A. for the first quarter - until the 25th of the month following the month in which the documentation was approved; B. for the other quarters - up to 25 inclusive of the last month of the quarter (March 25, June 25, September 25 and December 25) for the following quarter;

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IN LOCATIONS OTHER THAN BUCHAREST

EUR for each table: RON142,533/ yr - it 30,000 is paid in 4 equal quarterly rates, as /yr follows: A. for the first quarter - until the 25th of the month following the month in which the documentation was approved; B. for the other quarters - up to 25 inclusive of the last month of the quarter (March 25, June 25, September 25 and December 25) for the following quarter;

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SOCIAL CAPITAL

minimum RON1,000,000

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GUARANTEES

RON47,511 for each gaming table within the casino, but no more than RON831,442.50 at the level of a single organizer

EUR 10,000 for each gaming table but not more than EUR 175,000

RON50/day

Games of Chance characteristic of poker clubs LICENSE FEE RON71,267 / yr - for the first year, up EUR to the 25th of the month following the 15,000/yr month in which the documentation was approved; - for the following years, 10 days be­fore the expiration of the previous year; 2 AUTHORIZA- RON332,577/yr - and is paid monthly: EUR TION FEE A. for the first month - until the 25th 70,000/yr BUCHAREST of the month following the month in which the documentation was approved; B. for the other months - the tax is paid in advance, respectively until the 25th of the current month for the following month; 3 IN RON142,533/yr - and is paid monthly: EUR LOCATIONS A. for the first month - until the 25th of 30,000/yr OTHER THAN the month following the month in which BUCHAREST the documentation was approved; B. for the other months - the tax is paid in advance, respectively until the 25th of the current month for the following month; 1

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business / CASINO LIFE & BUSINESS MAGAZINE

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SOCIAL CAPITAL CLUB ENTRANCE FEE INCOME TAX FROM THE PRIZES

minimum RON100,000 RON 30/day The revenues obtained under the value of the non-taxable amount of RON66,750, including, realized by the taxpayer for each gross income received are not taxable. The verification of the classification in the nontaxable ceiling is made on each payment, irrespective of the type of game from which the respective income was obtained. If the gross income received on each payment exceeds the non-taxable ceiling of RON66,750, including, the taxation is made separately from the income obtained from participating in other types of gambling.

Payers of gambling income, withholding at source, are required to submit a statement regarding the calculation and withholding of tax for each income beneficiary, to the competent fiscal body, until January 31, including the current year for the expired year.

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Bingo games held in gambling halls RON47,511/yr - for the first year, until LICENSE FEE the 25th of the month following the month in which the documentation was approved; - for the following years, 10 days be­fore the expiration of the previous year; AUTHORIZA- RON33,258 for each hall as well TION FEE as 3% of the nominal value of the cards purchased from the National Company «Imprimeria Națională» S.A., which is paid in advance to the State Treasury, with the presentation of the payment order targeted by the treasury when picking up the cards SOCIAL minimum RON100,000 CAPITAL GUARANRON23,755.50 for each hall where TEES bingo games are organized, but not more than RON33,257.70 at the level of a single organizer

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EUR 10,000/yr

EUR7,000 for each hall, as well as 3% of the nominal value of the purchased cards

EUR 5,000 for each hall but no more than EUR7,000 at the level of a single organizer

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MINIMUM Within each location where bingo EQUIPMENT activity is organized and operated, the IN THE HALL minimum technical equipment must include: a random number extraction machine, 3 panels with a light display, 4 color TV monitors, an electronic game coordinator computer , specific bingo game devices and accessories PROFIT TAX 16% of taxable profit or 1% of the income for those who made less than one million euros in the previous year INCOME TAX Income from gambling is required by withholding at source.

FROM THE The tax due is determined on each PRIZES payment, by applying the following tax scale on each gross income received by a participant, from an organizer or payer of gambling income: Slices of gross Tax - RON income – RON 1% up to 66,750, including 667.5 + 16% over 66,750 what exceeds 445,000, including the amount of RON66,750 over 445,000 61,187.5 + 25% for what exceeds the amount of 445,000 lei Payers of gambling revenues, withholding at source, are required to submit a statement regarding the calculation and withholding of tax for each income beneficiary, to the competent fiscal body, until January 31, inclusive, of the current year for the expired year.

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Bingo games organized via television networks RON332,577/Yr - for the first year, up EUR LICENSE FEE to the 25th of the month following the 70,000/yr month in which the documentation was approved; - for the following years, 10 days before the expiration of the previous year; AUTORIZA16% of the revenues from gambling, In the first TION FEE estimated for the first year of authori- year of zation, but not less than RON546,377 authorization, or 16% of the revenues realized at the level of the organizer, as defined, not less than EUR performed monthly, for the entire licensing period, starting with the first 115,000/yr month in which the estimated results are exceeded.

SOCIAL minimum RON1,000,000 CAPITAL GUARANRON1,187,775 for the activity of the EUR TEES economic operator organizing bingo 250,000 gambling organized through the systems of the television networks PROFIT TAX 16% of taxable profit or 1% of the income for those who made less than one million euros in the previous year

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INCOME TAX Income from gambling is required by FROM THE withholding at source.

PRIZES The tax due is determined on each payment, by applying the following tax scale on each gross income received by a participant, from an organizer or payer of gambling income: Slices of gross Tax - RON income – RON 1% up to 66,750, including 667.5 + 16% over 66,750 what exceeds 445,000, including the amount of RON66,750 over 445,000 61,187.5 + 25% for what exceeds the amount of 445,000 lei Payers of gambling income, withholding at source, are required to submit a statement regarding the calculation and withholding of tax for each income beneficiary, to the competent fiscal body, until January 31, including the current year for the expired year.

Remote type games: casino, fixed odds bets, mutual bets, counter betting, bingo and keno games as well as raffle Between RON28,507 – 570,132/ LICENSE Depending on FEE yr - for the first year, up to the 25th the turnover: of the month following the month up to EUR in which the documentation was 500,000/yr approved; EUR 6,000; - for the following years, 10 days EUR 500,001 before the expiration of the previ- 1,000,000 ous year; EUR 24,000; EUR 1,000.001 - 5.000.000 EUR 60.000; EUR 5,000,001 - 10,000,000 EUR 96,000; over EUR 10,000,000 EUR 120,000 AUTORIZA16% of the revenues from gamIn the first bling, estimated for the first year year of TION FEE of authorization, but not less than authorization, RON475,110 or 16% of the revnot less than enues realized at the level of the EUR100,000 organizer, as defined, performed monthly, for the entire licensing period, starting with the first month in which the estimated results are exceeded.

2% calculated on the total participaSPECIAL FEE tion fees collected monthly is calculated, declared and paid to the state budget until the 25th of the month following the month in which the participation fees were collected SOCIAL CAPITAL minimum RON1,000,000 GUARANTEES RON475,110 EUR100,000

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ROMBET Strada Buzești, nr. 61, Bl. 6, Sc. 1, Et. 6, Ap. 38 - București e-mail: office@rombet.com tel: + 40 (0)314 251 381 + 40 (0)737 577 804

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PROFIT TAX

16% of the taxable profit and for casino games not less than 5% applied to the registered income 1% of the income for those who made less than one million euros in the previous year INCOME TAX Income from gambling is required by FROM THE withholding at source.

PRIZES The tax due is determined on each payment, by applying the following tax scale on each gross income received by a participant, from an organizer or payer of gambling income: Slices of gross Tax – RON income – RON up to 66,750, 1% including 667.5 + 16% over 66,750 445,000, includ- what exceeds ing the amount of RON66,750 over 445,000 61,187.5 + 25% for what exceeds the amount of 445,000 lei Payers of gambling income, withholding at source, are required to submit a statement regarding the calculation and withholding of tax for each income beneficiary, to the competent fiscal body, until January 31, including the current year for the expired year.

1 LICENSE FEE 2 AUTORIZATION FEE 3 SOCIAL CAPITAL 4 PROFIT TAX 5 INCOME TAX FROM THE PRIZES

Lotto games RON546,377/yr RON855,198/YR minimum RON2,000,000 16% of taxable profit Income from gambling is required by withholding at source.

The tax due is determined on each payment, by applying the following tax scale on each gross income received by a participant, from an organizer or payer of gambling income: Slices of gross Tax – RON income – RON 1% up to 66,750, including 667.5 + 16% over 66,750 445,000, includ- what exceeds ing the amount of RON66,750 over 445,000 61,187.5 + 25% for what exceeds the amount of 445,000 lei Payers of gambling income, withholding at source, are required to submit a statement regarding the calculation and withholding of tax for each income beneficiary, to the competent fiscal body, until January 31, including the current year for the expired year.

EUR 115,000/yr EUR 180.000/yr

Remote Lotto Games RON546,377/yr 1 LICENSE FEE 2 AUTORIZARON855,198/yr TION FEE 3 SPECIAL TAX 2% calculated on the total participation fees collected monthly is calculated, declared and paid to the state budget until the 25th of the month following the month in which the participation fees were collected 4 SOCIAL CAPITAL minimum RON1,000,000 5 PROFIT TAX 16% of taxable profit 6 INCOME TAX Income from gambling is required by FROM THE withholding at source.

PRIZES The tax due is determined on each payment, by applying the following tax scale on each gross income received by a participant, from an organizer or payer of gambling income: Slices of gross Tax – RON income – RON 1% up to 66,750, including 667.5 + 16% over 66,750 for what exceeds 445,000, including the amount of RON66,750 lover 445,000 61,187.5 + 25% for what exceeds the amount of 445,000 lei PPayers of gambling income, withholding at source, are required to submit a statement regarding the calculation and withholding of tax for each income beneficiary, to the competent fiscal body, until January 31, including the current year for the expired year.

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EUR 115,000/yr EUR 180,000/yr

grisogono www.grisogono.ro

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Central European Gambling Summit 20

Central European Gambling Summit 20 will be held on March 10 and 11, 2020 in Bucharest.

On the occasion of the 10th edition of the Romanian Gambling Conference, the event is transformed into the Central European Gambling Summit, thus gaining the name, not just the international character it has acquired over a decade of existence.

The important international involvement, both from the speakers and from the participants, the topics presented and debated, as well as the modern way of conducting, required that the March 2020 edition of the www.casino-magazine.ro

By K.Sino

traditional event from Bucharest be renamed and become Central European Gambling Summit.

The event structured over two days will have an original unfolding and will rise to the highest current international standards in the field.

The program of the event provides, for the first time, a conference day and a day of schooling for the operators of the game rooms and for their technicians.

During the conference, in additi-

interna}ional / CASINO LIFE & BUSINESS MAGAZINE

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We draw the line for the passion!

The Patronage of Betting Organizers in Romania

We ensure: • Since 2005, the Romanian sports betting industry representation

• All the premises for a balanced and unitary betting industry

• A permanent dialogue with Romanian authorities or other institutions which influence this sector of business

• Promotion of a fair competition between operators of the industry that we represent

www.romanianbookmakers.ro www.casino-magazine.ro

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on to the topics addressed for presentation and debate, there will also be a premiere for Romania and an IMGL – International Masters Of Gaming Law session.

IMGL is a not for profit association comprising over 340 members globally. Its members are recognized​as the leading experts in their jurisdictions and are involved in most material gambling sector developments and issues worldwide.

An important part of the conference will be dedicated to individual slots for presentation of the novelties.

As in previous editions, the event will have an boutique style exhibition in the foyer, so that those present can see, on the spot, the novelties that has appeared.

Suporters of the Central European Gambling Summit 20 are PLATINUL Partner BMM testlabs GOLD Partner DGL PRO, ROMBET Partner Smart Games Media partner is the FinancialIntelligence.ro portal. www.casino-magazine.ro

4 - 6 February 2020 ExCeL London, UK

Leap into the Future

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CASINO LIFE & BUSINESS MAGAZINE / Legal

LEGISLATIVE BALANCE OF 2019 IN THE GAMBLING FIELD

by Nicoleta Baragan, Fully qualified lawyer and Loredana Dumitru, Junior lawyer, C.A. LUCA Mihai Catalin

As this year gets to the end, we think it is appropriate to review the most important legislative changes in the gambling field in 2019, the legislative proposals/projects still under debate, as well as the legislative forecasts that have taken shape so far.

Since the beginning of 2019, the gambling industry has been seriously shaken by the entry into force of OUG 114/2018 regarding the establishment of some measures in the field of public investments and of certain fiscal-budgetary measures, the modification and completion of some normative acts and the extension of certain deadlines.

The regulations that followed them were no less effort mobilizing from the gambling organizers.

Law no. 129/2019 for the prevention and money laundering fighting and terrorist financing, as well as for the modification and completion of some normative acts, would bring to the attention of the gambling organizers new legislative aspects, new procedures and new emotions regarding a possible destabilization of the industry’s activity.

Also, the projects on the legislative table throughout this period did not create the comfort of any relaxation from the gambling organizers.

We will continue by performing a brief presentation of the most important legislative changes in the gambling field, this year.

As I mentioned in a previous presentation, OUG 114/2018 was adopted at the end of last year, being published in the Official Gazette on December 29th and has been harshly criticized by the gam-

bling industry, representing the regulation that has certainly triggered the most vocal reaction in the field.

One of the measures that caused the most tumultuous reactions was the establishment, in the content of art. 53 from the Ordinance, of a new tax in what regards the remote gambling organizers provided in OUG no. 77/2009 regarding the gambling organization and operation, in an amount of 2%, applied to

the total participation fees collected monthly from the participants in the gambling activities.

According to art. 1 paragraph (3) from Order no. 38 from January 15, 2019 for the approval of the calculation method of the monthly tax provided in art. 53 of the Government Emergency Ordinance no. 114/2018 The total participation fees collected monthly are defined as any transfer from the

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players’ bank account or similar to their gambling accounts on the gambling platform.

Apart from this tax, OUG no.

114/2018 also establishes in the contents of art. 58 the contribution due by the organizers to fight the negative effects of gambling, as follows: (i) licensed organizers of remote gambling from class I - 5,000 euro per year;

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(ii) legal entities directly involved in the traditional and distance gambling field licensed in class II - 1,000 euro per year; (iii) Class III state monopoly distance games - 5,000 euro annually; (iv) licensed traditional gambling organizers - 1,000 euro per year.

It is very important to point out that this contribution was also included in the previous regulation, being provided for the gambling organizers since 2015. For administrative reasons, the beneficiary of these contributions, the Fund for the prevention of gambling addiction, has never been set up, the gambling organizers being the holders of an obligation that they could not actually fulfil.

Another important change is the increase of the authorization fee for slot machines. According to the new provisions, the fee for the exploitation authorization for each class A slot machine has been increased from 2600 Euro/year to 3600 Euro/year.

The bonus for the full advance payment of the annual operating license fee for both the casinos and poker clubs and for slot-machine gambling was also eliminated.

Some modifications also occurred with regard to the final destination of the special tax provided by the video game operators (VLT).

Another important legislative change is the regulation adopted in July in the matter of money laundering prevention and fighting and terrorism financing - Law no.

129/2019.

Law no. 129/2019 transposes in Romania the provisions of Directive (EU) 2015/849 of the European Parliament and of the Council from May 20, 2015 regarding the prevention of the use of the financial system for the purpose of money laundering or terrorism financing, for the modification of the Regulation (EU) no. 648/2012 of the European Parliament and of the Council and for the abrogation of the Directive 2005/60/EC of the European Parliament and of the Council and Commission Directive 2006/70/EC. The gambling organizers are expressly targeted by the applicability of Law no. 129/2019, as reporting entities. In this capacity,

they have a series of obligations, of which we mention, as a general rule, the reporting obligations, as well as the obligations to apply measures involving the customer knowledge, which we have dealt with extensively in a previous article.

However, in an attempt to punctually identify the situations that require the gambling organizers to apply the standard measures of customer knowledge, we consider it appropriate to turn our attention to the interpretation and application of the provisions of art. 13 paragraph (1) and (2) from the Law no. 129/2019.

Thus, from the interpretation of the provisions of art. 13 paragraph (1) and (2) we observe that two possible situations of applicability are generated, respectively: (i) on the one hand, by par. (2), the law-maker has explicitly established for the gambling organizers

the obligation to apply the standard measures of customer knowledge at the time of collecting the gains, when buying or exchanging tokens, when carrying out transactions with minimum value representing the equivalent in lei of minimum 2,000 euro, in a single operation, and (ii) on the other hand, by par. (1) in art.

13 of the Law 129/2019, are regulated the situations in which the reporting entities (by reference to the generic category) have the obligation to apply the standard measures to know their customers.

From the analysis of the aforementioned provisions, we notice that the question easily arises whether the provisions of para. (1), which establish the situations of application of the standard measures of customer knowledge are also applicable to the gambling organizers, by including them in the generic category of the reporting

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entities, or if they have only the obligations provided by par. (2) from the same article.

In this respect, we asked for a point of view and obtained an answer from the National Office for Money Laundering Prevention and Fighting regarding the interpretation of the provisions of art. 13 paragraph (1) and (2) from the Law no. 129/2019 from the perspective of the applicability for the gambling organizers, which confirmed that the law-maker’s intention was to establish for the gambling organizers an exception from the application of art. 13 paragraph (1) from Law no. 129/2019, the obligation to apply the standard measures to know the client, coming down to the situations set out in art. 13 paragraph (2).

It is also important to mention that the National Gambling Office will issue the sectoral regulation

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in view of applying the provisions from the Law no. 129/2019.

Given that the legal deadline for the issuance of the sectoral regulation expired on November 20th and, from the information we have, the regulation is in a draft stage under the authority’s debate, we anticipate that the normative act will be adopted by the end of this year. .

Next, we intend to review the stage of the projects under legislative debate, with a negative impact on the gambling industry.

The draft bill for the amendment and completion of the Government Emergency Ordinance no. 77/2009 regarding the gambling organization and exploitation, which we have analyzed in detail in another presentation, was tacitly adopted by the Senate, by fulfilling the deadline for debate and adoption, and was forwarded to the Chamber of Deputies, being registered under no. 559/10.28.2019.

We remind the fact that the main regulations proposed by the Project aim to impose restrictions on: (i) advertising spots and street advertising on gambling, (ii) conducting the activity in spaces located in buildings with housing destination or by reporting at a distance of minimum 200 m from the educational establishments, and (iii) the location at no less than 10 meters from the main entrance to the building of the spaces intended for smokers.

Considering that the regulations proposed by the Draft Bill would unreasonably make it difficult for the gambling organizers to carry out the authorized activities, as well as the arguments set out in the unfavourable opinion issued by the Economic and Social Council, which confirms this conclusion, the Project, in the form proposed, can only generate expectations of rejection.

The draft Bill for the amendment and completion of the Law no.196 from July 20, 2018 on the establishment, organization and functioning of homeowners associations and condominiums administration was also tacitly adopted by the Senate, by fulfilling the deadline for debate and adoption, and was submitted to the Chamber of

Deputies, being registered under no. 565/10.28.2019.

This draft bill mainly proposes the following: (i) establishing the obligation to request a new written approval from the executive committee and the written agreement from the directly affected owners with whom it is neighbouring, if the commercial space located in a building for the purpose of housing initially developed a certain economic activity, and subsequently the main object of activity of the economic operator was changed, and (ii) the possibility of suspending or ceasing the activity of the economic operators that develop the activity in spaces located in buildings with destination of dwellings, if the executive committee withdraws its written approval given for modification of the destination of the space or if the directly affected owners with which they are bordering horizontally and vertically withdraw their prior agreement because of the violation, repeatedly, of their rights by the operator’s economic activity or for public nuisance.

The expectations of rejection in this sense are also maintained for this legislative proposal, taking into account the conclusion issued by the Government of Romania of not supporting its adoption, the unfavourable notice issued on the project by the Economic and So-

cial Council, as well as the rejection report issued by the commission referred to in first instance the Commission for Public Administration, together with all the related arguments set out.

At the moment, both legislative proposals are under debate in the committees of the Chamber of Deputies.

Last but not least, we consider it relevant to mention the Draft Order available in the Decision Transparency section on the website of the National Gambling Office, a project which essentially aims to establish the minimum technical conditions for checking the gambling means, but which also regulates a number of requirements that compliance assessment bodies need to meet.

This Draft Order was also dealt with extensively in a previous article, therefore we only summarize the provisions that we consider of great interest for the compliance assessment bodies.

The draft Order provides, among other things, details on the form of organization under which a body intended for the compliance evaluation of the gambling means can operate, which must be established under the national law and have must legal personality. Practically, the compliance assessment bodies will be able to operate in Romania only as a Romanian company or a subsidiary

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of a foreign company.

At the same time, the Draft Order establishes the requirement that the compliance assessment bodies for gambling means must be certified/recognized and/or audited annually by the national certification body, RENAR, under the conditions established by the Regulation (EC) no. 765/2008 of the European Parliament and of the Council of July 9th, 2008 establishing the requirements for certification and market supervision in what regards the marketing of products and for the abrogation of the Regulation (EEC) no. 339/93.

We reiterate, for the readers’ information that both legislative proposals in the Chamber of Deputies and the Draft Order available on the website of the National Gambling Office are under debate and may be subject to change until the time of adoption.

In conclusion, although as it can be seen, gambling organizers have encountered difficulties throughout the year due to the regulations occurred in certain segments from the special legislation, but we are confident that despite them, the gambling industry will go on a maturity path and we are showing ourselves, on this occasion, more optimistic and hopeful that the next year will have a beginning without legislative incidents that are unfriendly to the industry.

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THE ENTIRE WORLD IS LOOKING AT YOU!

info +40 744 428 866 π redactie@casino-magazine.ro

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Casino Life & Business Magazine Awards Gala again a major success A record number of awards have been granted at this year’s edition

by K.Sino photo by Mihai Mitrea and Zoltan Lorentz

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The 13th edition of the Casino Life & Business Magazine Awards Gala was held on December 10th at the Ambasad’Or Events in Otopeni and was a beautiful and unanimously appreciated success.

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The Gambling Industry Awards for 2019 were granted on December 10, at the annual Casino Life & Business Magazine Gala in the lush setting of the Ambasad’Or salons in Otopeni, recently renovated with an investment of over 1 million euros.

The host of the event, the same for the last three years was Codruț Kegheș alias Dezbrăcatu ‘who masterfully directed a super show whose protagonists were Prestige Orchestra, mezzo-soprano Andreea Ilie and baritone Iordache Basalic, Gabriela Munteanu and Lucian Darie, but also the ballet belonging to the Prestige group.

The winners of the year at the 13th edition of the Casino Life & Business Magazine Awards Gala were: ROMANIAN MANUFACTURER - BAUM; FOREIGN MANUFACTU-

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RER - NOVOMATIC; INAUGURATION OF THE YEAR - ELDORADO TIMIȘOARA; GAMES HALL (BUCHAREST) ​​ - GAME WORLD BUCHAREST MALL; SPORTS BET HOUSE - SUPERBET; LIVE CASINO - PALACE CASINO; MONITORING SYSTEM SYSWIN SYSTEMS; ONLINE GAMES - SUPERBET; PRODUCT OF THE YEAR (CABINETS) - EGT S-LINE; PROFESSIONAL ASSOCIATION - ROMBET; ROMANIAN BET HOUSE GET’S BET; GAMES HALL (COUNTRY) - SEVEN CLUB CLUJ; BEST AWP - NOVOMATIC; ONLINE MARKETING FOR GAMES FLOOR - ELDORADO; OFFLINE MARKETING FOR GAMES FLOOR - MAGIC GAMES;

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THE PRODUCT OF THE YEAR (COLATERAL) - ARISTOCRAT; SOCIAL INVOLVEMENT: - SUPERBET, - MAXBET, - GAME WORLD, - FORTUNA; RISING STAR - IGT; PRODUCT OF THE YEAR (MIX OF GAMES) - POWER HOUSE HD 7 MERKUR GAMING; SPORTS BETTING TERMINAL - EASY PAY SYSTEM; THE GAMES HALL OPERATOR - GAME WORLD; RESPONSIBLE GAMBLING PROJECT OF THE YEAR - RESPONSIBLE GAME ASSOCIATION;

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MAN OF THE YEAR 2019 SACHA DRAGHIC As every year our magazine has also given special awards, as follows: ROMANIAN BRAND OF THE YEAR - ZETEA; THE MOST MODERN CENTER FOR AESTHETIC MEDICINE IN ROMANIA IN 2019 SWISS ESTETIX; RESIDENTIAL PROJECT OF THE YEAR - AMBASAD’OR HOME; 20 YEARS OF ACTIVITY IN ROMANIA - GAME WORLD; POPULARITY AWARD - ANDREI FRIMESCU; THE ENTIRE ACTIVITY AWARD - DAN BITMAN.

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We congratulate the winners and wish them much success!

It should be emphasized that in the audience were the Vice President of the National Gambling Office, Valentin Korman, as well as the Ambassador of Egypt accredited to Bucharest, His Excellency Salak El-Sadek.

The moments of surprise were not missing from the performance offered and delighted those present. Dan Bitman’s performance left the audience simply ... speechless.

The guests stayed up till late at night and the 13th edition of the Casino Life & Busi-

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ness Magazine Awards Gala ended in the most electrifying way possible, with a French Can Can. This year’s partners were ROMBET, Power of Scent, BMM testlabs, Superbet, DGL PRO, Gentlemen’s Club, Ambasad’Or Events and GRISOGONO Style Studio Calea Victoriei 101.

The media partner was FinancialIntelligence.ro Casino Life & Business Magazine thanks all the participants who attended our invitation, the partners, but also the artists who created a truly memorable event!

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CASINO LIFE & BUSINESS MAGAZINE / Responsible Gambling

Responsible Gambling Association, at the time of the balance sheet For the Responsible Gaming Association, the year 2019 meant an intensification of its activity, a fact proven both by the development of already existing projects and by the launch of new initiatives. Thus, through the projects launched, developed and implemented, the Responsible Gambling Association has an increasingly important contribution to the education and prevention of gambling addiction as well as to the provision of psychological counseling to people who face such problems.

The training program, Trained for Majorate, which takes place in high schools all over the country and targets adolescents who are approaching the age of majority and for which the gambling activities will soon be allowed to continue their development at national level in 2019. The program has a dual role. The first is to educate young people so that they can make the right decisions, to know the risks of getting involved in activities that do not correspond to their level of psycho-social development and which may affect their further development. The second role is to prevent problems related to gambling excessively. Last year, Trained for Majorate reached over 2,700 students from 25 high schools in Bucharest and 11 cities: Alba-Iulia, Brașov, Brăila, Botoșani, Buzău, Cluj-Napoca, Constanța, Galați, Iași, Pitești and Timisoara.

Trained for Majorate seminars take place in the form of interactive informal discussions, in which Dr. Cristian Andrei, psychotherapist and expert of the Responsible Gaming Association, speaks to students in the 11th and 12th grades about what is really important in social networking and how adolescents should react to the temptations of adult entertainment.

And for the Responsible Gam-

bling project, the most important national program dedicated to people facing gambling problems and offering real help to them, the year 2019 has meant a sustained development. Designed to prevent, identify and assist players who have exceeded the recreational limit of gambling, through multiple and effective intervention, not only for the directly affected persons, but also for their families, Responsible Gambling implies, beyond the support offered to those who facing problems, and awareness raising and training activities carried out at the level of betting agencies and gambling halls.

Currently, within the Responsible Gambling program, people with gambling problems can call one of the 6 psychotherapy offices opened in Bucharest (2), Cluj-Napoca (1), Iași (1), Craiova (1) and Constanta (1). They offer 5 free psychological counseling sessions for players and / or families of those affected by gambling issues, and the number of sessions is expected to be expanded gradually as the program develops.

In figures, the Responsible Gambling program meant last year more than 1,500 people who called the toll-free telephone line GREEN-LINE, 0800.800.099, over 860

people who were scheduled at one of the offices in the program and over 500. people who showed up at one of these offices.

The year 2019 did not represent for the Responsible Gambling Association only an intensification of the already existing projects and programs, but also an alignment with the international trends.

Thus, at the beginning of September, the Association launched, for the first time for our country, the online psychological counseling service 24/7. This is the most modern instrument for facilitating access to psychological counseling made available to people with (potential) problems related to gambling, or those close to them, who feel the need for real-time guidance. Thus, the Responsible Gaming Association expands its range of methods by which it supports the people who have exceeded the recreational limit of this type of entertainment, favoring them the access to non-stop specialized help and, at the same time, offering an even higher level of confidence, comfort and confidentiality to those who use this service.

The “Counseling 24/7” service can be accessed through the new website of the Responsible Gaming Association, www.jocresponsabil.

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ro, where, in addition to the completely changed interface, an online chat module has been integrated through which any player can get in touch direct with one of the responsible game psychologists. The “24/7 Counseling” service is a non-stop service, available 24 hours a day, 7 days a week. Therefore, the website www.jocresponsabil.ro, aimed at both players who feel they have problems, as well as their families and close friends, is now ready to answer all the needs and questions of those who access it, and at the same time make it available to users the most modern and complete methods of help and support.

The implementation of this real-time online psychological assistance service “Counseling 24/7” aims to increase the self-control capacity of the players facing problems and, in particular, to provide support even from the first moments when they decide to ask for help.

The launch of the “Counseling 24/7” service comes in the context in which specialized reports published internationally show that technology has positively influenced in the last years the way in which psychologists approach the compulsive behavior that some people may manifest towards gambling.

In the 4 months since its launch, 24/7 Counseling has been accessed 1,660 times. The total duration of counseling sessions conducted by psychologists with the persons who called the service amounted to more than 2,700 hours of counseling, hours that went head to head, meaning over 115 days of counseling).

Responsible Gambling Association thanks all the companies in the gambling industry who support these projects and intends to develop and implement projects and programs for community impact in 2020.

joc responsabil / CASINO LIFE & BUSINESS MAGAZINE

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#CasinoLife

Land-based Live Casino at Palace Casino - Casa Vernescu de Andreea Ion – Marketing&PR Manager

Happy New Year! May 2020 be the year for all readers of Casino Life and Business Magazine as they wish!

We are in a continuous development and the Palace Casino Team is reinventing itself every time the gambling market demands it. December was, as always, one of the most eventful and action-packed.

On December 14, next to Santa, over 400 people - the maximum capacity of the casino location, celebrated in advance the arrival of Christmas. Guaranteed prizes, as well as entertainment moments, were not lacking. We would like to

thank the collaborators from Jidvei, who have been our partners for all the events organized by us. Their wonderful team of people is recognized nationally and internationally, with new awards for wine selections. Certainly behind awards, recognitions, a lot of teamwork comes.

We’ve known them for a long time, and we’re proud to be with them.

As their slogan says: “the first place is only the first step”.

The events held in the casino

have always had the structure of 3 main components: the prizes to the players, the moments of entertainment addressed to all, and the partners.

The record number of participants, growing from one event to another, helps us better understand what strategy to apply. For those who know the location, as well as those in the industry, it is known that the Palace is small compared to the type of casinos in Europe.

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The huge taxes do not allow us to have a very large number of tables (14 game tables), the first remark of foreign players coming for the first time to Romania being the one related to size. More than this the games available are those tailored to the local requirement, of course based on the actual number of tables. Thus, although it does not seem like a fantastic number, 400 people for us is far beyond the maximum playing capacity!

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A bold action of the year 2019, but which was extremely well received by the customers, was the one related to the introduction in the Food area of the ​​ “a la carte” Menu, which we modify at least 4 months, so that we can keep taking into account the seasonality of the different culinary preparations. We look forward to trying the new menu offered by our chef, Vincenzo Liberti.

With the completion of the promotion on December 14, we decided that from that night we will continue with a new campaign, considering that the year 2020 brings 25 years of Palace Casino brand.

Specifically, 25 years ago, the PALACE CASINO brand was born here at Casa Vernescu. Although there was a period of time when the casino did not work, this brand is and will be the legacy of the house. The type of activity is currently focused on the casino side, given the law by which any customer who passes the Reception must be registered, and of course major. Thus, the project of Casa Vernescu Re-

staurant was replaced by shifting the attention to the services offered strictly to the players.

The event on April 4, created in the form of a 25th Anniversary of the appearance of the Palace Ca-

sino brand, will have the highest prizes so far, and a special, complex entertainment program, structured on the needs of casino customers: the possibility concentration at the gaming tables, interest

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for moments of maximum 10 minutes each, and the existence of a dedicated area.

But find out all the news if you visit our social media profiles or web page.

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DGL PRO, a company anchored in the Romanian reality

By Laura Camelia

As we all know, the gambling industry is full of challenges from technical and legal point of view.

Despite the occurred difficulties, the company representatives have assured their clients that DGL PRO has become a stronger and more flexible partner.

The DGL PRO team is a Romanian team dedicated to the Romanian market needs, thus its games, products and services follow the direction of the local market since 1994.

During the last years, we have developed products anchored in the operators’ needs and the requirements of the participants to game, both for the pub segments and for the dedicated locations.

Such an approach has helped us in becoming more competitive concerning the products and services.

During the last years, the Romanian slots market has recorded a qualitative evolution from the point of view of the products present on the market, and also the organization by the occurrence of slots with limited risk. Following this trend, DGL PRO has studied this evolution and has presented many games both for limited risk devices and slots.

The needs of the operators and of the participants to game have been studied very carefully and thus, the new mixtures which are already available at the best prices have occurred; the essential mixtures for an operator when he needs well-known symbols and new elements.

Even though the market of limited risk devices evolves slowly, despite the smaller fees in comparison with the slot, the new

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products as Hot Shot 6 and Hot Shot 9 have become immediately more attractive for the participants to game in the majority of locations where these are installed.

As Romanian manufacturer, DGL PRO supports the ONJN initiative for the introduction of limited risk devices, but it is necessary a reorganization of the market from the consumption point of view and acquisition power both in dedicated locations and outside them. Unfortunately, the majority of areas from outside the capital city or medium and large size cities cannot support financially the presence of areas dedicated to slots or even betting

shops.

By the plates manufactured by the company, DGL PRO supports a more socially responsible industry and a more diversified market and organized depending on the consumption power. Due to this reason, DGL PRO works together with a part of its clients to collect the information and after the modifications, upgrades are achieved which solve the problems or requirements occurred in exploitation.

For the dedicated arcades, the DGL PRO products have attractive gambling programs from the participant point of view and from the operator point of view concerning the constant cashing. All our mixtures have been developed using symbols and payment tables known and appreciated in the Romanian market. We understand what is important and attractive for the participant to game in Romania

and we try that every game which we have manufacture to be closer to those requirements.

Together with the operators, in the dedicated areas, by the DGL PRO flexibility and support, technical and from the perspective of operating standards verifications, we have succeeded in bringing our game mixtures on many cabinets, many of them being a success since the first month. It has become clearly for the operators that on such a competitive market, success needs an investment and increased attention on the product offered to the final client.

The DGL PRO team understands the needs of local operators from financial point of view, such that the prices, the payment terms, the opportunity to test the products are only some of the available options.

From technical point of view, the DGL PRO team is near the operators to help them in

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everything related to the operating standards verifications, type approvals, change of cabinets or modifications of game programs.

DGL PRO has understood the role which it has in this industry and it will observe it further continuation the tradition of delivering better products for operators and popular for players. The new games, mixtures, the evolved design will assure the success without alienating too much from the already popular products.

Marius and the DGL PRO team are waiting for you at the company headquarters to present you the novelties at the best prices!

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The practice of gambling in 2020

Gambling taxation in 2020

Article from the series “The practice of gambling”, by Anchidim Zăgrean, vice-president ROMBET The Romanian Constitution clearly establishes that the taxes and any other income of the state budget and of the state social insurance budget are established only by law and the local taxes and taxes are established by the local or county councils, within the limits and under the conditions of the law. Also here we find the provision that the amounts representing contributions to the establishment of funds are used, according to the law, only according to their destination.

Starting from these general constitutional provisions, we can see that all the obligations of the nature of taxes and other contributions of the gambling organizers can be found either in the special law - GEO 77 of 2009 updated - or in the updated Tax Code, as we will continue to present them, with the mention that an online monthly fee has been introduced, through GEO 114 of 2018, for an additional monthly fee.

I. The obligations stipulated in GEO 77 of 2009, updated 1. Annual license fee - is fixed and due on each type of activity, in a fixed amount, in the range between 5,000 - 120,000 euros / year, which is declared and paid in advance as follows: a) for the first year, until the 25th of the month following the month in which the documentation was approved; b) for the next nine years, 10 days before the expiration of the previous year.

2. Annual authorization fee is established and due, for each type of activity, in a lump sum, starting from a minimum of 1,500 euros / year to a maximum of 180,000 euros / year or as a perwww.casino-magazine.ro

centage, representing 16% of estimated income, but cannot be below the minimum limit set. In both cases, the tax declaration and payment are made in advance, and in the case of activities where the income is estimated, the authorization fee is recalculated and regularized monthly, by applying the 16% quota to the actual income realized.

The exception is bingo games in the room, for which the annual authorization fee, calculated and due in advance, has a fixed component of 7,000 euros for each authorized room and a variable one, representing 3% of the nominal value of the printed game tickets.

3. Special taxes: a) Annual fee - is established and due, only for slot machine games with unlimited risk and video games, in the amount of 400 euros / year, for each authorized station; b) Special monthly fee for videotape - established and due in the form of a 3% share of the realized income; c) Daily access tax - is fixed and due, as a fixed amount, by each person entering the specialized locations of casinos, in the amount of 50 lei and of the poker clubs, in the amount of 30 lei.

4. Annual contributions established and due, in fixed amounts of 1,000 or 5,000 euros / year, by type of activity, to be used for the purpose of preventing gambling addiction.

5. Administrative fees - fixed and due, in a fixed amount, only in the case of remote gambling, for the analysis of documents, in the amount of 2,500 euros and for the issuance of the license, in

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the amount of 8,500 euros.

II. Obligation established by GEO 114 of 2018 1. Monthly fee - established and due, in the amount of 2% of the game participation fee, collected monthly, by all the online gambling organizers.

III. Obligations provided in the Fiscal Code 1. The tax on the income of micro-enterprises - mandatory tax for legal persons who: on December 31 of the previous year made incomes below the level of 1,000,000 euros; their share capital is owned by persons other than the state and the administrative-territorial units; it is not in dissolution, followed by liquidation, registered in the trade register or in the courts, according to the law.

c) Income tax on prizes and gambling: - The tax on the income from prizes and contests - the revenues in the form of prizes are imposed, by withholding at the source, with a 10% share applied to the net income realized from each prize. The prizes under the value of the non-taxable amount established in the amount of 600 lei are not taxable, including, realized by the taxpayer for each prize; - The tax on gambling income due is determined at each payment, by applying the following tax scale on each gross

income received by a participant, from an organizer or payer of gambling income: up to 66,750, including, with 1%; over 66,750 - 445,000, inclusive, with 667.5 + 16% for what exceeds 66,750 and over 445,000 with 61,187.5 + 25% for what exceeds 445,000.

The income obtained as a result of participating in the gambling characteristic of casinos, poker clubs, slot machines and slots under the value of the non-taxable amount of 66,750 lei, including, realized by the taxpayer for each gross income received, are not taxable.

The tax rates on the income of micro-enterprises are: a) 1% of the income for micro-enterprises that have one or more employees; b) 3% of the income for micro-enterprises that do not have employees.

2. Profit tax - established and due by those who do not fulfill the conditions for payment of the tax on the income of micro-enterprises and the tax rate on profit, which is applied to the taxable profit, is 16%. By way of exception, taxpayers who carry out activities of a casino nature, including legal entities that make these revenues under an association contract, and if the profit tax due for this activity is less than 5% of the respective revenues, are obliged to pay tax rate of 5% applied to these recorded revenues.

The verification of the classification in the non-taxable ceiling is made on each payment, regardless of the type of game from which the respective income was obtained.

If the gross income received on each payment exceeds the non-taxable ceiling of 66,750 lei, including, the taxation is made separately from the income obtained from participating in other types of gambling.

B) Compulsory social contributions a) Social insurance contributions due to the state social insurance budget - it is due by the natural persons who have the quality of employees or for whom there is the obligation to pay the social insurance contribution, in a 25% quota applied to the tax base; b) Social health insurance contributions - it is due by the natural persons who have the quality of employees or for whom there is the obligation to pay the social health insurance contribution in a 10% rate applied to the tax base; c) The insurance contribution for work - it is due to the natural and legal persons who have the status of employers or are assimilated to them, in a 2.25% quota applied to the tax base calculated as the sum of the gross gains realized from the salaries and incomes assimilated to the salaries.

4. VAT - transactions regarding the activity of bets, lotteries and other forms of gambling performed by the persons authorized, according to the law, to carry out such activities are exempt without the right of deduction.

3. Compulsory income taxes and social contributions - established and payable by natural persons, withheld at the source by employers or payers, include: A) Income taxes a) Tax on salaries and assimilated to them - in a 10% quota applied to the tax base; b) Dividend tax - in the 5% quota applied to the tax base;

5. Local taxes and fees - are due and calculated for: a. building tax and building fee; b. land tax and land fee; c. tax on means of transport; d. the fee for issuing certificates, notices and authorizations; e. tax for the use of means for advertising and media; f. show tax; www.casino-magazine.ro

interna}ional / CASINO LIFE & BUSINESS MAGAZINE

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The Future of Gaming in Brazil

By DD CONSULTUS

Brazil has the fifth largest population, and the ninth largest economy in the world, the country could easily be a significant market for sports betting.

With a population appro­aching almost 220 million, Brazil’s online sports betting market could be worth over $1.15bn, as Senator Flexa Ribeiro pointed out.

Although Brazilian online

sports betting has been largely unregulated until now, online sportsbooks were legal. Attempts to ban online gambling prove how prevalent it is. The government in Brazil tried to ban online gambling payments way back in 2006, 2008, and most recently in 2010. Thus far, all attempts have failed. Furthermore, the Senate attempted to ban online sports-

books in 2011. That measure also failed to gain sufficient support.

The Brazilian Senate passed a bill in 2015 that proposed to regulate and tax online sportsbooks, and additionally creating two new lotteries.

Legal Grey Area

Former Brazilian President Dilma Rousseff vetoed the bill in

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2015, and so far, online sports betting operates in a legal grey area. Although Brazilians love betting on sports events, there are not that many legitimate online sportsbooks in Brazil. Until now, Brazilian gamblers have accessed international online bookmakers that accept real money players from Brazil.

Regulations for online sports betting in Brazil Online sportsbooks that cater to Brazilian bettors need to include South American and European football betting options.

A legitimate Brazilian sportsbook provides betting on Jiu-Jitsu in mixed martial arts. Several Brazilian fighters participate in the MMA; therefore, sportsbooks will need to offer bet options on the UFC, as well as, the other significant MMA associations.

Other popular sports in Brazil include South American and NBA basketball, along with horseracing. Sportsbooks will need to have all online sports bets in the Portuguese language. Sites should also support online transactions in Brazilian Reais.

New sports betting legislation The Brazilian Congress finally approved the Provisional Measure

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(MP) 846. It was subsequently signed into Law 13,756/2018 in December 2018 by the President.

The law authorises online sports betting and land-based betting, however, legislation is yet to receive specific enforcement regulations enabling licenses to be granted to private betting operators. The Brazilian Ministry of Finance will be the new regulator for legal sports betting on the country. It is estimated that another two years are needed to finalise all the specific regulations.

Since the Law 13,756/2018 was approved and sanctioned, the Brazilian sports betting market experienced a massive shift.

There has been significant growth in advertising revenue for local soccer clubs. Increases have been noted in the number of soccer tournaments and leagues, sports ambassadors, and sponsorships. New land-based and online operations have sprung up as the projected increase in the betting volume takes effect.

The new legislation sets out fixed quota betting for retail and online operators. Online operators will

be obliged to pay back at least 89% of bets handled back to the customer.

Additionally, operators will have to pay a tax rate of 8% on their turnover. Out of these 8%, 3% is to be channelled into education, social security, along with law enforcement.

Unexpectedly, approval of the bill was passed relatively quickly for the country, notorious for its cumbersome political system.

The new political climate seems to be much friendlier towards gambling. The Senate Bill PLS 186/2014, passed this year, legalising online sports betting, online casino games and bingo was defeated by 13-2 in a senate vote.

Final Public Consultation Potential sports betting operators in Brazil are being invited to a final public consultation.

It is a chance to influence and shape the new gambling rules before they are carved in stone.

The Ministry of the Economy in Brazil announced the consulta-

tion regarding proposed plans, and the regulation of online and offline sports betting. Interested parties had up until the end of September to submit their proposals and counter-reactions to the new draft decree. The document was initially launched in July, and attracted 1,850 submissions, with a third of them from industry types. The draft decree was the result of the ministry’s interpretation of submissions. However, there were apparently still several areas of uncertainty.

Summary Moreover, the decree confirms both online and land operators will have to pay 1% tax on betting turnover. According to government estimates, that will work out at about 6% of the gross revenue from gambling. The draft decree does not contain any other information regarding fees or taxes; however, the government previously confirmed licensees have to pay an upfront fee of US$735, and monthly fees of BRL30k for

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online operators, BRL20k for land-based, and BRL45k for both at once. Applicants for betting licenses need to provide proof of financial reserves of $1.5m to ensure bettors are paid if the bookmaker encounters financial difficulties. All advertising for betting has to be accompanied by a responsible gambling messaging, and the online operators’ home pages need to be visible.

Operators will not be permitted to make fun of the cultural beliefs or traditions in Brazil, or mock people who disapprove of gambling. Operators who are flouting the rules may face penalties amounting to 100% of their gross revenue. Repeat offenders are charged double the original penalty. Betting legislation was signed into law last year, allowing two years for the government to make the final betting regulations. The plan is to prepare and finalise the rules by December 2019, ahead of a betting market launch in June 2020. Operators are already salivating at the prospect of offering sports betting to Brazil’s 212m residents.

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since 8 YEARS GET’S BET The most important bookmaker with 100% Romanian capital

It’s been 8 years since Get’s Bet became one of the favorite betting houses of Romanians! It has constantly been modernized, adapted to the requirements of clients, has continuously improved its image, and, most importantly, expanded its network of agencies.

And because of the number of successful partnerships made! After this period, Get’s Bet became the top franchise operator! The most serious and handy partner of those who want to run such a business.

In addition to their own agencies, there are over 500 indepen-

dent sports betting agencies operating in partnership that are now part of the Get’s Bet network. And demand is constantly growing, which makes Get’s Bet top of the charts in terms of franchises!

Experiența acumulată, permanenta dezvoltare, popularitatea căpătată în rândul clienților și a partenerilor sunt atribute care demonstrează că acești 8 ani în domeniu și-au lăsat o amprentă puternic pozitivă pe întreaga activitate desfășurată în cadrul companiei, una cu capital sută la sută românesc, plasând acum brandul în vâr-

ful ierarhiilor de specialitate. Get’s Bet a devenit unul dintre cele mai de încredere și de succes nume din domeniul pariurilor sportive, fiind deja un brand recunoscut de clienți la nivel național.

GET’S BET remains a leader in franchise partnerships, offering commission for all possible directions: retail, online, terminals and slotmachines.

1. FRANCHISE TYPE PARTNERSHIPS - RETAIL We offer the possibility of the partner to open a betting agen-

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by George Radu

cy depending on the possibilities and investments of each one. Basically, this is available to every entrepreneur. Therefore, three types of agencies have been drawn from which you can choose BRONZ, SILVER, GOLD a) BRONZ type agencies They are created specifically for those bars, pubs that want to host our betting offer in their existing environment.

In this category are agencies that have an area of less ​​ than about 15 - 24 sqm and do not

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require furniture specific to this area of activity, ​​ to equip the space.

It is a package that requires a MINIMUM investment from the partner. b) SILVER type agencies They are created especially for partners who invest in order to obtain a space dedicated only to gambling and who are obliged to comply with the standards imposed by the brand, in order to obtain more benefits. In addition to the higher commission value, the partner also benefits from a larger investment from GET’S BET. In this category are agencies that have an average area of ​​25 40 sqm and require specific furniture for this area of activity, ​​ to equip the space. years have passed since the launch, and the mobile application has been permanently improved, which has brought a substantial increase in the number of customers.

Moreover, the Get’s Bet Online offer is one of the best and most competitive on the market. Multiple bets and their derivatives, live bets, excellent odds, validations and quick payments are just a few of the features of our offer. The online platform hosts bets on a variety of sports, casino, games, as well as a spectacular live casino!

c) GOLD type agencies They are created especially for those agencies that offer a unique ambience to the clients through comfort, being equipped with a bar in a luxury space, with much more generous than the classic agencies. And this time, besides the higher value of the commission, the partner also benefits from a greater investment from the gets bet.

This category includes agencies with an area of ​​over 40 sqm and which does not require specific furniture, this area of activity, ​​ being generally equipped with comfortable luxury furniture for clients.

2. FRANCHISE TYPE PARTNERSHIPS - TERMINALS GET’S BET offers a partnership with betting terminals, sports betting, fixed rate. intended for all partners for all types of agencies.

The GET’S BET terminal offers the possibility of full access to the offer for: sports betting, lotto and virtual bets - get six and dog races and the possibility for customers to deposit their money directly into their online account.

The terminals for sports betting, intended for partners, offer the possibility of accumulating income without investments during the course of the activity. Basically, Get’s Bet ensures a long-term, consistent benefit to all its partners, be-

ing the ideal bussines model for any partner.

3. FRANCHISE TYPE PARTNERSHIPS - ONLINE All GET’S BET partners auto-

matically receive a commission from any amount deposited or withdrawn through agencies for online accounts, opened on www. getsbet.ro, regardless of the type of package chosen. Almost 2

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4. FRANCHISE TYPE PARTNERSHIPS - SLOT-MACHINES GET’S BET offers partnerships for slot machines, through CLUB KING, a respected company that has been active in this field for about 15 years. KING CLUB offers for rent a wide range of gaming machines to equip betting agencies and casino-electronic gambling halls. The devices can be connected to a network for jackpots. Over the years, CLUB KING has equipped all Get’s Bet agencies with slot machines, at the request of the partners, with the increase in revenue. Club King offers the full range of components and accessories related to this type of activity.

The story of the most important bookmaker with 100% Romanian capital continues!

business / CASINO LIFE & BUSINESS MAGAZINE

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The Constanta Casino will be restored

By. PokerPlayer

The Constanta Casino was on the agenda of the Government meeting on May 8 to re-approve the technical and economic indicators for consolidation and restoration.

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After a very long period of delays, changes of owners and lack of interest from local and national authorities, finally the Constanta Casino reverted to general attention.

The government has decided that it is time to restore this marvelous architectural masterpiece from the seafront, a true symbol of Constanța, a symbol that is on the brink of collapse.

The estimated duration of the project is 30 months (3 months for the design phase and 27 months for the execution stage).

The total estimated value of the investment is 111,553,449.35 lei (VAT included).

eveniment / CASINO LIFE & BUSINESS MAGAZINE

the new motherboard

from

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The works will be carried out by the Ministry of Regional Development and Public Administration (MDRAP) through the National Investment Company (CNI).

“In order to secure the investment objective it is proposed to carry out the consolidation and restoration works (building S + P + 1E + M, partial bridge and access ramp to the basement) and exterior ones (rehabilitation terrace platform, utilities networks, wall defense and railing).

Thus, with regard to the documentation initially endorsed in 2015, the main changes concern: • Functional reconfiguration and adaptation of the interior and exterior spaces to the new functions proposed by the design theme, representative of the social-cultural life of the city and for an “A” category monument of exceptional architectural and historical value;

• Adapting architectural, structural and installation projects to the new proposed functions, taking into account the updating of the expertise and studies at this design phase; • Revision of architectural and artistic components documentation (mural painting, stucco-marble, polychrome stucco, metal and stained glass) to adequately treat the degradation occurring between 2014 and 2018; • Updating the design norms and the legislation in the field, “the Ministry of Development specifies.

The Constanta Casino, one of the most important tourist attractions in the ART NOUVEAU style, will be able to become an international cultural and entertainment center that will host cultural events, symposiums, exhibitions, and benefit from a multifunctional 200-seat hall and a 150-seat festive hall. www.casino-magazine.ro

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A

Aries 21.03-19.04 On the whole, it can be said that from a financial point of view, things will evolve constantly without special achievements, but also without major dissatisfaction. There may be some less pleasant surprises as well, so it might be better to look a little wiser.

Horoscop

A

Cancer

22.06-22.07

It is possible to receive gifts that you will enjoy indefinitely or a collaboration proposal that will open up new prospects for you. You will, however, spend for entertainment, but also to satisfy the small pleasures of the younger members of the family.

A

A A

A Taurus

20.04-21.05

Leo

The financial situation will give you some headaches in the first week of the year. If you have to pay installments, it may be difficult for you to find the required amounts and try to delay them.

The interest for the material situation will be very high during this period. You will make great efforts to win as much as possible, but the chance will surprise you, and the results of your work will not be delayed.

A

A A

23.07-22.08

Gemini 22.05-21.06

A

Virgo

At the beginning of the year, it is possible that some of the money that was stuck somewhere might get into your account, helping you rebalance your budget. If you need a loan the chance will surprise you so that you could get one under favorable conditions.

A

A www.casino-magazine.ro

23.08-22.09

The financial situation is good and it is constantly improving. The winnings are quite large, showing that your efforts have excellent results. It is also possible that someone in the family may have some winnings that will be favorable to your own pocket.

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ianuarie - februarie

by K Sino

A

Libra

23.09-23.10

A

Capricorn 21.03-19.04

Your material situation is stable and you manage to cope well with the expenses you have listed. Your friends’ tips will be as inspiring as possible, so don’t hesitate to consider them.

The year will start well because you may receive a sum of money or you may have the opportunity to get involved in a financially advantageous project. The need to spend will be quite high.

A

A A

A Scorpio 24.10-22.11

Aquarius

The grievances you have had regarding the financial situation are resolved slowly, so you have every reason to be optimistic. It avoids risky financial transactions and especially financial speculation.

The material situation will be in the forefront of your concerns right from the beginning of the year. You could receive good news about a sum of money that will come into your account, or you could receive a gift from someone you love.

A

A A

21.01-19.02

Sagittarius 23.11-21.12

A

Pisces 20.02-20.03

Right from the beginning of the year you will make some expenses that were not foreseen, but which will give you the opportunity to satisfy your small pleasures. You could sign contracts that will bring you some money, but in the not too distant future.

The material situation will not put you off during this period. The money will come into your account even without a great deal of effort.

An amount of money that has been stuck somewhere could finally enter your account.

A

A www.casino-magazine.ro

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grisogono

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CASINO LIFE & BUSINESS MAGAZINE / PARTNERS

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CASINO LIFE & BUSINESS MAGAZINE / PARTNERS

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