October 7, 2010
Romania internet gambling bill got rejected
Online gambling has been heating up these days among the European nations. The truth behind this is more likely the lure of tax revenues from this activity rather than initiatives from the European Commission (EC). Every EU nations no matter France, German, Sweden, Italy is forming their own legislation for taxing gambling companies.
Now, Romania is yet another EU nations whic is trying their best to legalize online gambling but seems to be less fruitful.
Recently, the country, Romanian draft bill that legalize online gambling was the latest to be votted by the EC and unfortunately it has failed. The EC has issued a detailed statement pointing out those provisions of the proposal are not compatible with European Union (EU) law.
The reason stated by the EU commission is that The ban on marketing and advertising activities for EU listed companies that are not authorized in Romania has been termed discriminatory and hence not acceptable.
