Romanian Gamblers Prepare for 40% Tax on Withdrawals
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Romanian Ministry of Finance has published its latest Fiscal Code draft. It contains additional updates to other important tax laws. The Association of Remote Gambling Organizations (AOJND) voiced its opinion on the new tax on casino withdrawals.
Romanian Gamblers are preparing for a 40% tax on withdrawal. AOJND believes that many players will turn to illegal websites to avoid the tax. The association's president Odeta Nestor called Romania a success story in regards to its gambling legislation. According to AoJnd data, over 80% of players who withdraw gambling winnings do not usually cash out more than 1,000 RON ($208). Most players cashing out only a few hundred RONS (less than $100).
Romanian Gamblers are preparing for a new 40% tax on gambling withdrawals. In June, the Romanian gambling market welcomed NitroCasino with the help of PressEnter. OnAir expressed its plans to open a fresh live studio in the country by the end of 2022.
