Tag Archives: Romania

Kiron Interactive secures Romania ONJN Class II licence

Industry virtual sports game and systems provider Kiron Interactive has today confirmed that it has been approved a Romania Class II licence by national regulator Oficiul Naţional pentru Jocuri de Noroc (ONJN). The Class II licence will allow Kiron to distribute its premium suite of 20 virtual sports titles and further games to licensed bookmakers and gambling operators within Romania’s …

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Fredrik Elmqvist – Yggdrasil Gaming – A customer first approach that makes iSENSE

Yggdrasil - iSENSE

Yggdrasil Gaming CEO Fredrik Elmqvist spoke to SBC News about building its own platform iSENSE, the challenges of local regulation and the thinking behind its slightly obscure company name. SBC: What does it take to take a gaming developer brand from an unknown entity and newcomer in the space to one that’s well known and respected? FE: Innovation, creativity and …

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Tailor made…Bet Arena Romania selects Comtrade Gaming as multi-channel platform provider

Industry tailored platform solutions provider Comtrade Gaming has confirmed that it will supply retail betting and gaming provisions for Romanian operator Bet Arena Interactive. With over 200 high-end shops, Bet Arena is a prominent operator in Romania and part of the industry leading Superbet Group. Comtrade Gaming’s online gaming platform manages multi-channel operations to integrate retail and online operations. Utilising …

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Ganapati Malta opens ‘Ganalogics’ Bucharest tech-hub

Industry high-definition games developer Ganapati Malta has announced that it has set-up a tech-hub office in Bucharest Romania under its development arm Ganalogics SRL, which was registered as a business earlier this year. The Bucharest hub will support the ongoing development projects of the firm’s lead tech office in Tallin Estonia, which Ganapati management has has doubled in size in …

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XLMedia seeks to grow Romanian services following ONJN Class 2 approval

Updating the market, London AIM-listed XLMedia has informed that it will extend its marketing services within the Romanian betting market, having been granted a Class 2 ONJN License by the Romanian National Gambling Office. The licensing approval will allow XLMedia to complete its acquisition of publisher assets within the market. XLMedia governance updated investors detailing that the company had acquired …

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Romania ONJN appoints Dan Iliovici as new President

ONJN, the National Gambling Office of Romania and core regulatory body for industry policy and licensing operations, has confirmed the appointment of Dan Iliovici as its new President. Iliovici takes over leadership of the ONJN from previous incumbent Odeta Nestor. Iliovici has prior industry experience having held the position of Executive Director of Romanian Gambling business association Rombet. In 2015, …

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Fortuna continues Romanian expansion with €47 million deal for Fortbet assets

Fortuna Entertainment continues its M&A expansion within the licensed Romanian gambling market. The Eastern European bookmaker confirmed this week that it was closing in on the acquisition of Fortbet Holdings gambling assets. Updating the market, Fortuna detailed that it was in the final stages of negotiations for the Fortbet properties of Bet Active Concept SRL, Bet Zone SRL, Public Slots SRL and Slot Arena SR. …

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Czech taxes & unfavourable sporting results impact Fortuna 2016 profits

Eastern European gambling operator Fortuna Entertainment is looking forward to a new business year, having closed a challenging 2016 for its operations. Releasing its ‘unaudited’ full-year 2016 financial results, Fortuna detailed that group wagering had reached €1 billion mark (FY 2015: €850 million), driven by higher sports betting player activity in all its key markets. The operator that services the …

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Beehive expands services into Romania with BaumBet partnership

Industry data-led customer retention marketing (CRM) specialist Beehive will expand its services within the regulated Romanian online gambling sector, by agreeing a partnership with BaumBet, one of Romania’s largest retail betting operators. BaumBet who recently launched its online betting portal www.Baum.bet, has installed Beehive’s CRM platform allowing for data-led optimization of its player targeting and messaging.  Octavian Manu, CEO at …

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Strong commercial pipeline delivers full-year 2016 growth for NetEnt

Boosted by a strengthened commercial pipeline, Stockholm-listed industry content and games developer NetEnt has declared full-year 2016 corporate revenues of SEK 1.45 billion (£130 million).  Closing its full-year 2016 performance, NetEnt governance would declare a group operating profit of SEK 536 million (£48 million) up 33% on corresponding 2015’s SEK 402 million (£36 million). Detailing 2016 highlights, NetEnt governance stated …

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