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Romania has established itself as a fully regulated gambling market with clear rules and licensing requirements, making it an attractive destination for online casinos and sportsbooks. With its growing iGaming potential, setting up shop in the Eastern European country offers a valuable market and a solid base from which to scale and expand into other markets. Here are 5 reasons why Romania is an excellent choice for entrepreneurs:
Romania’s National Gaming Authority, the ONJN, offers three types of licenses, including a first-class license for B2C operators and a second-class license for B2B suppliers. All three licenses are highly regarded in the eyes of players and software providers. Holding an ONJN license is a clear path to success, with players trusting the seal and payment service providers happy to cooperate with brands that have it.
With a population of 20 million and an 88% internet penetration rate, Romania is one of the most active gambling markets in Eastern Europe. The country’s economy also ranks 13th among EU countries in terms of GDP, providing a stable base for business growth. Furthermore, gambling is a popular pastime in Romania, meaning there is no cultural barrier between players and the good time they are looking for.
The Romanian audience is highly technologically literate, making it an ideal market for iGaming companies. Bucharest, in particular, is becoming a tech hub, with numerous iGaming companies setting up shop to take advantage of the Romanians’ embrace of innovation. This attitude permeates the culture, including players.
Bonuses are a huge draw for many Romanian players, including welcome bonuses, no-deposit bonuses, friend referral bonuses, free spins, and free bets. This simplifies marketing and promotion efforts and offers ample encouragement for players.
The government has established a special fund to enforce certain rules aimed at preventing problem gambling, indicating the importance of responsible gambling in Romania. This ensures the well-being of players and helps maintain the overall integrity of the gambling ecosystem.
Combining all these factors makes Romania an excellent choice for entrepreneurs looking to establish their brand or established casinos seeking to expand into new markets. Romania presents an opportunity to establish a solid base from which they can later scale their business and enter other markets.
Leading iGaming solution provider and aggregator, Slotegrator, received a B2B license from the Romanian regulator ONJN in 2022. This allows the company to operate in the Romanian market and offer locally accredited Turnkey and White Label online casino and sportsbook platform solutions.
For more information about the Romanian market, Slotegrator Academy experts have released a new video with the latest news and details.