NetBet

NetBet

July 01, 2015 06:47 ET

Online Sportsbook, Poker and Casino NetBet Obtained First Online Gaming Temporary License in Romania

LONDON, UNITED KINGDOM--(Marketwired - July 1, 2015) - Beginning today NetBet will be able to offer its services to customers in Romania that will be able to play safe on www.netbet.com.

NetBet restarted the activity in Romania, after almost one year since it discontinued its services offered to players in the market because of the new regulations and after paying in advance all penalty taxes, licensing taxes, authorization taxes and guarantees to Romanian Government.

NetBet added Romania to a list of other 6 jurisdictions under which we operate as fully licensed operator: Malta, Belgium, France, Spain, Italy and United Kingdom. Our company believes in the potential of the Romanian market and this is why we invested so much in a local license. We trust that Romania is a good environment for our company, as we have over 250 employees in our software development and marketing group companies located in Timisoara that we will expand as our business grows.

After decision no. 927/24.06.2015 and Annex received on 30.06.2015, both issued by the Supervising Committee of the NGO, NetBet received the temporary right to operate from01.07.2015 until 31.12.2015 time in which we will carefully prepare our final application form to obtain the 10 years permanent license.

Regulated markets across Europe will always be the main target of NetBet as these markets provide safety and peace of mind for the players, predictability and a solid environment for operators while the regulator can collect the much needed revenues from taxing these activities.

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