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New Gambling Regulator For Romania
Friday April 5, 2013 : ROMANIA INAUGURATES NEW GAMBLING REGULATOR
Online gambling laws passed in 2010 will be overseen by the National Gambling Office
It's taken some time to get organised - the appropriate laws were passed back in 2010 - but the Romanian government has finally appointed a regulator to oversee nationally licensed online gambling operations in the Eastern European country.
The tough laws that the National Gambling Office will regulate and enforce in cooperation with the national police make it an offence for Romanian punters to gamble online at any unlicensed website, with Washington state-like punitive measures that can include a 2 year stretch in jail.
The law also prescribes hefty punishments for unlicensed operators offering online gambling to Romanians, and imposes restrictions on advertising and marketing of the pastime.
To date, the law has not been enforced due to the absence of a regulator, but that all changes with the appointment of the NGO, which starts exercising its mandate and authority from April 15 2013.
Despite earlier objections from the European Commission on the discriminatory nature of Romania's internet gambling law - licenses are reserved for entities that have a registered company presence in the country and are partners of shareholders in existing land casino operations - the legislation has been implemented and will now be enforced.
3 Top Bitcoin Poker Sites -
Bitcoin, in particular, is a cryptocurrency that you can use on various online poker sites and it allows a faster and cheaper way to get money into and out of the online poker site.
Kentucky Derby Odds: Justify still Favorite -
With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.
888Poker Takes Over the States -
With more and more states moving toward online casino integration, an increasing number of international players are moving in on American territory. Who will take the crown of the most popular online poker venue in the United States?
Top gambling ICOs to watch this year -
The gambling ICOs that are being launched in 2018 are of better quality. Unlike the last half of 2017 when ICOs were numerous, the first few months of 2018 have seen a big drop in number.
MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
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