Bwin.party 'confident' of Romanian return

Bwin.party 'confident' of Romanian return

Monday, October 19, 2015 Totally Gaming
Bwin.party has been blacklisted by Romanian authorities

Bwin.party is hoping to return to the Romanian market after last week being blacklisted by the country’s authorities.

The online gaming operator announced in August that it had agreed to pay €7.9m ($8.98m) in back taxes to the Romanian authorities based on turnover generated prior to the introduction of the licensed regime. Such an agreement was seen as a precursor to being granted one of the country’s 10-year gaming licenses.

However, Romania’s gambling regulator Oficiul National pentru Jocuri de Noroc (ONJN) earlier this month added a number of companies - including bwin.party and Bet365 - to its list of unauthorised gambling operators that have failed to comply with its licensing demands.

A bwin.party spokesman told TotallyGaming.com that it has not given up on formally entering the Romanian market.

“The situation is that we have lodged our application with the Romanian authorities and are now in the process of responding to questions from the regulator to clarify certain aspects," the spokesperson said.

“We are confident that we will obtain the necessary approvals once the application has been processed.”

Latest
Deal

Paddy Power Betfair takes majority stake in Adjarabet

Portugal

888 secures igaming licence in Portugal

Sweden

Swedish regulator issues final warning to licensed operators

Finance

IG highlights client ‘quality’ as ESMA measures hit

Gaming Products & Services Directory

The essential directory for the gaming industry