Romania and Moldova consider regulating online gambling
Online gambling is apparently high on the agenda of Eastern European nations Romania and Moldova, primarily to generate tax revenues for the state, reports the publication Mediafax.
In Romania, Finance Ministry secretary of state Bogdan Dragoi, told Mediafax that online gambling might be regulated and authorised as a way to attract considerable sums of money to the national budget. The Finance Minister indicated that he wants to have an investigation carried out in a market where it is estimated that Romanians wager up to €500 million on online gambling sites.
The minister revealed that last year Romania amended the law regulating traditional gambling and increased gambling authorisation taxes, which triggered revenues totaling 550 million lei (€1=RON4.1756), compared to 120 million in 2008.

