Romania’s gambling sector faces further upheavals, following Parliament’s approval of an executive order by Prime Minister Marcel Ciolacu to enforce ‘Legea Păcănelelor’ (The Pannel Law). Yesterday, PM Ciolacu declared a victory for Romania’s PSD-&-PNL coalition government, who secured approval to implement a ban on “gambling localities in towns with less than 15,000 registered inhabitants”. The law was authorised by a …
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The government of Romania has sparked controversy in the gambling industry by appointing Cristian-Gabriel Pascu as the Vice-President of the National Gambling Office (ONJN). The government gazette published yesterday disclosed that the Ministry of Finance had selected Pascu, a celebrity hairstylist and beauty salon owner, to serve as the VP of the ONJN. The announcement set off a media storm …
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The government of Romania has made clear its intentions to stand by its plans to impose higher fees and operating demands on gambling businesses. On Tuesday, the Ministry of Finance published a draft of ‘emergency ordinances which aim to apply “stricter rules on regulating gambling activities”. As requested by the Ministry, the emergency ordinances have been forwarded to Parliament to …
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Soft2Bet has extended its international footprint after being granted a first-class gambling licence from the Romanian regulator, ONJN. The new licence, said to be an “exciting opportunity for Soft2Bet”, will enable the gaming platform provider to roll out its casino and sportsbook offerings to the Romanian market. David Yatom, Soft2Bet’s General Counsel, said: “We consider the Romanian market as one …
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The Parliament of Romania will review the nation’s advertising code in relation to tightening laws and standards on the marketing and coverage of gambling products. The directive has been ordered by the National Audiovisual Council (CNA), Romania’s media monitoring agency, who this week voted unanimously in favour of a ‘draft law’ to amend Romania’s existing advertising code. Last November, the …
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With a population of nearly 20 million, one of the world’s fastest internet connections, and a rich history of gambling, Romania is one of the most attractive igaming markets out there. Delasport CEO Oren Cohen Shwartz shares his expert knowledge of the Romanian igaming market as it is today and how it has become an attractive prospect for the world’s …
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CN Loteria Românã, the operating company of Loto Romania (Loto.Ro) is reviewing whether to expand the product portfolio of the national lottery to include a fixed-odds and online sportsbook offering. The operator has issued notice to The European Lotteries (EL) and World Lottery Association (WLA), informing members that it requires guidance on developing an ‘organised framework to cater for an …
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Sportsbook provider Altenar has reaffirmed its commitment to regulated markets after getting licensed by the UK Gambling Commission (UKGC). As well as obtaining a gambling software licence, the company has also been granted host licences for real and virtual sports. The combination of authorisations will allow it to offer both its software-only package and its fully managed sports betting platform …
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Industry technology and systems provider BetConstruct continues to expand its corporate licensing provisions for the regulated Romanian betting market. Issuing a statement, BetConstruct governance confirms that it has secured a further Romania ONJN Class II licence for the distribution and servicing of retail betting systems and solutions. BetConstruct received its first Romanian market accreditation in December 2016, following the revamp of …
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Continuing its expansion into the Romanian market, NSoft has launched its most popular set of virtual draw based games Lucky Six, Lucky X and Next Six in Romania, on the SEVEN platform. The news follows on from multiple successful NSoft launches in the last few months, including its recent breakthrough into the Polish market with Greyhound Races, Virtual Motorcycle Speedway …
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