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BET365'S ROMANIAN TROUBLES CONTINUE
Friday January 15,2016 : BET365'S ROMANIAN TROUBLES CONTINUE (Update)
Online gambling group loses appeal against licence suspension but may fight on.
The strange case of the Romanian regulator's suspension of online gambling group Bet365's licence continued to mystify observers this week, when the Court of Appeal in Bucharest turned down Bet365's appeal against the suspension.
It's turning out to be an expensive affair; the UK gambling group has already had to cough up Euro 30 million in retrospective taxes imposed by the Romanians, and the legal costs are mounting.
Bet365 has repeatedly denied allegations that the suspension was imposed by regulator ONJN because the company had failed to halt operations between September and October last year whilst licenses were being processed, yet the regulator went ahead anyway, suspending the licence, scaring off players with questionable fines and threats of prosecution, and blacklisting the company.
Bet365 has used some strong language in characterising these actions as discriminatory and corrupt, legally unjustified and disgraceful, and is expected to launch a further appeal.
Media speculation that the regulator's action against Bet365, which had a dominant slice of the Romanian online gambling market, was urged by domestic competitors has yet to be substantiated, but there can be little doubt that the situation has been to the advantage of rivals.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
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