Rational Group and GVC Holdings licensed in Romania
Rational Group and GVC Holdings have been granted long-term approval to continue to operate in the European country.
Romania.- Rational Group and GVC Holdings have been awarded with long-term approval to continue operations in the Romanian market. Romania’s National Office for Gaming (ONJN) issued these licenses. The new licenses for each firm will come into effect as soon as 1 September.
Amaya brands PokerStars and BetStars will continue to be available in Romania. Full Tilt on the other hand, will no longer be available in the country in accordance to regulatory requirements. As a result, Full Tilt’s player base will be migrated to PokerStars.ro.
“We are very happy to offer the world’s leading poker and sports betting brands to Romanians under a local regulatory framework,” said Eric Hollreiser Amaya Vice-President of Corporate Communications. “This demonstrates Amaya’s commitment to the responsible growth of online gambling by supporting local regulation that is good for players, good for operators, and provides revenue for regulators.”
GVC was granted a full and permanent 10-year license to operate sports betting and casino games in the country through subsidiary Headlong Limited, as well as a class 2 license to provide Headlong with relevant software and hosting services. Headlong has been operated in Romania under the Sportingbet brand and the terms of an interim license since September 2015.
“We are delighted to have been awarded a permanent license in Romania, said Kenneth Alexander, Chief Executive of GVC. “It is an attractive and growing market where the Sportingbet brand is increasingly popular. We are focused on developing our product line there in order to attract new customers and grow our business.”