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Romainia Gambling Law Updates
Posted 1/6/11 : BACK TO THE DRAWING BOARD FOR ROMANIA
New draft submitted following adverse EC opinion
Proposed new gambling legislation in Romania is at a standstill until at least March 1st following the submission of a fresh draft addressing European Commission complaints that the original was non-compliant with EU law.
In October last year the Commission issued a detailed opinion against Romanian draft legislation dating from July 2010 and seeking to regulate online gaming and betting. The adverse nature of the opinion meant Romania could not adopt the draft and had to address specific issues in a fresh notification.
Analysts at the time said that the draft had failed due to:
* the discriminatory prohibition of marketing and advertising activities for EU licensed companies which are not authorised in Romania
* the requirement for EU licensed online betting companies to have their servers in Romania
* the requirement for EU licensed online companies to be established in Romania
* the unjustified exclusion of online pool betting while all other forms of online gambling would be allowed.
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Daniel Sebag, the Amaya online gambling group's first and only chief financial officer with ten years’ service under his belt, has retired, according to a company announcement Friday.
LeoVegas To Sponsor Leicester Tigers -
The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.
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