The gambling industry has experienced remarkable growth in Romania in recent years, and the free games segment has become increasingly popular among Romanians. Free games offer players the opportunity to experience and have fun without investing money, and many users consider them an excellent way to familiarize themselves with the rules and mechanics of gambling games.
In this article, experts from Top Casino Romania will provide a detailed analysis of the free games market in Romania for the first quarter of 2023.
General market trends
The value of the casino market has seen a spectacular growth in recent years, increasing from 600 million euros in 2020 to 700 million euros in 2021 and nearly 1 billion euros in 2022. This significant growth is the result of careful market regulations by the National Gambling Office (Oficiul National pentru Jocuri de Noroc, ONJN), which has also contributed to the creation of 45,000 jobs in the industry.
In the first quarter of 2023, the gambling industry remains a significant force in the economy, generating substantial salaries, taxes, and significant revenues. With an impressive collection rate of over 99% and over 45,000 jobs, this sector actively contributes to economic development. Each day, the industry pays approximately 2.5 million euros in taxes, vital funds for the state budget.
Additionally, the free games market in Romania has experienced significant growth in terms of popularity and the number of players involved. There are several reasons that explain this trend.
Firstly, free games offer the opportunity to experience various types of games without the risk of losing real money. Players can try different strategies and tactics, learn the rules, and test various betting strategies without the need for financial investment.
Secondly, the popularity of free games is supported by the development of technology and increased accessibility to online gambling platforms. Players can easily access online casinos and other gaming platforms, providing them with a wide range of options for free games.
The impact of free games on the casino industry
Online casinos play a significant role in the free games market in Romania. They offer a wide range of free games, including slots, table games, and other entertainment options. Players can access these platforms and play for free without the need to make a deposit.
Online casinos invest in developing and diversifying their portfolio of free games to attract and retain as many players as possible. They collaborate with high-quality software providers and well-known brands to offer captivating and authentic gaming experiences.
The National Gambling Office estimates that in 2023, revenues will increase by 410 million lei. According to ONJN, this would represent a growth of up to 40% compared to the amount collected in 2022, which was around 1 billion lei (200 million euros). However, these are not the only taxes that gambling operators pay to the state (some of them are directed to ANAF, for example), which means that the actual amount is higher.
The main taxes in the gambling industry are as follows:
- License fee: for organizing gambling activities and related activities, paid in advance according to the percentages specified in Declaration 100.
- Authorization fee: for operating gambling activities, paid either in advance or through monthly regularization, depending on the revenue generated.
- Monthly fee: calculated based on the total participation fees collected monthly by online gambling operators.
- Vice tax: for slot machine games with unlimited winnings.
- Access fee: for casinos and poker clubs.
All these taxes are regulated according to the special law on gambling and are declared and paid according to the provisions of ANAF and Declaration 100. Additionally, certain percentages of these taxes are allocated to the Romanian Olympic and Sports Committee and the National Paralympic Committee.
Free games have a significant impact on the casino industry in Romania. They contribute to the growth of the number of players involved in gambling and the creation of a larger player community. Online casinos use bonuses and free games as a marketing tool, attracting new players and promoting their brands.
In addition to the marketing aspect, free games provide casinos with the opportunity to collect valuable information about players’ preferences and behavior. This data can be used to improve the gaming experience and personalize offers and promotions based on customers’ needs and preferences.
Furthermore, according to data reported to the National Tax Administration Agency for the year 2022, the turnover of companies in the gambling industry has exceeded the threshold of 2.5 billion euros. Estimates for 2023 indicate a growth of approximately 10-15% in this value. This upward trend is largely due to the development of the online environment, which has significantly contributed to the expansion of the sector. With a continuously growing demand and technological innovations, the growth trend is expected to continue in 2024.
Thus, the gambling industry proves to be a dynamic and promising sector in the Romanian economy, bringing benefits both in terms of turnover and the creation of new employment and investment opportunities.
In conclusion, the free games market in Romania in the first quarter of 2023 has experienced significant growth, driven by factors such as increased accessibility to online casinos, technological development, and players’ desire to familiarize themselves with gambling games without investing real money. Online casinos and free games are an important part of the casino industry, offering advantages and benefits for both players and operators, and the casino industry in Romania continues to be a growing field with significant economic importance. Strict regulations ensure a safe and transparent gambling environment for users, and the contribution to the state budget through taxes and duties remains impressive.