The gambling industry’s Code of Ethics, Best Practices and Communication, in a straight line to launch
By FEDBET
The gambling industry in Romania is preparing for a landmark moment: the official launch of the first self-regulatory Code of Ethics, Good Practices and Communication, initiated and developed by FEDBET – Federation of Gambling Organizers. This essential step for an increasingly publicly exposed industry is in the final stages of finalization. The Code marks an important step for the self-regulation of the industry and reflects the commitment of the gambling organizers who will sign it to align themselves with high ethical standards and to promote responsible practices in the Romanian gambling sector.
The launch of the Code, scheduled for the second half of September, will be a major event, bringing together all the signatory operators, media representatives and public authorities with influence in the field. This initiative is not just a set of rules, but a statement of intent from an industry that aims to build public trust and address concerns about the impact of gambling on society. In the context of a rapidly growing sector, FEDBET recognized the need to establish a clear and ethical framework for operators to ensure that their products and services are communicated to the public in a fair, transparent and responsible manner.
The Self-Regulatory Code will include a comprehensive set of rules applicable in the field of operational practices and commercial communication, covering all types of gambling activities, from land-based to online. From measures to protect minors and promote responsible gambling, to transparency in communication and honesty in product promotion, the Code aims to strike a balance between the freedom to conduct this business and the protection of consumers and the public interest.
In addition to strict rules to protect minors and encourage responsible gambling, the document will also include rules to ensure fair competition and to avoid any commercial practices that could have negative consequences for consumers or society. Thus, all associations and operators in the field have been invited to adhere to this Code, actively contributing to its development and drafting, to ensure that all perspectives and challenges in the field are addressed correctly and responsibly.
The adoption of the Code is not only a proof of social responsibility, but also a necessary measure to ensure the long-term sustainability of the industry. Through this self-regulatory framework, operators voluntarily undertake to comply with established principles, thus demonstrating maturity and real concern for the social impact of their activities.
The gambling industry’s Code of Ethics, Best Practices and Communication, in a straight line to launch
Vlad Soare, the president of FEDBET, emphasizes the importance of this approach for the entire industry: “It is essential that all operators take responsibility for communicating honestly and transparently. We have a duty to ensure that gambling is practiced in an ethical and responsible way and that we protect children and vulnerable people from its negative effects. At the same time, this self-regulatory Code does not come to restrict the activity of operators, but to establish clear and fair rules, which ensure a correct perception of the industry in the eyes of the public. We encourage all operators to adhere to this Code, because only through a joint effort can we strengthen public trust and demonstrate that the gambling industry in Romania is responsible, sustainable and aligned to the highest standards of ethics and professionalism.”
The launch event in September will not only be an opportunity to present the Code of Ethics, Best Practices and Communication to the public and authorities, but also to reaffirm the industry’s commitment to social responsibility and consumer protection. FEDBET encourages all operators and professional associations that have not yet adhered to this Code to join the effort, thus contributing to the development of a gambling sector that is perceived correctly and operates in harmony with society’s values.
