Gambling companies between economic profitability and social responsibility. The Romanian case

Abstract

Purpose: To analyse the situation of the Romanian gambling market from the point of view of revenues from the sector, the favoring factors and the behavior of the players.

Design/methodology/approach: Study of secondary sources (specialised articles and rapports) in order to allow us to compare the situation with other countries.

Findings: The result highlights both the spectacular evolution of this sector in Romania, as well as the growing contribution to the national economy, through the revenues provided to the state budget and the support of other economic sectors. On the other hand, the practice of gambling is not without risks, the most worrying being addiction. From this point of view, both state institutions and specialised companies have not only a legal, but also a social responsibility to find and implement the most suitable solutions to prevent and treat addiction.

Originality/value: Detailed analysis of the Romanian gambling market, critical presentation of measures to protect players and solutions to improve prevention.