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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.
Gambling News :
Live Dealer Now At Slotocash -
Live Dealer can be found in the left navigation menu under 'Live Dealer' when you, the player is logged in to instant play.
Betradar Launches US Sports Betting Solutions -
With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.
Final 12 For MPNPT Morocco -
Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).
MPNPT Morocco Updates -
Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.
MPN Poker Tour Morocco Day 1A -
The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.
2018 MPN Poker Classic -
The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.
PDC and Sportradar Renew Deal -
Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data
Poker Yaar Joins MPN -
Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.
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