Ever since Romanian government has adopted a soft policy for online gambling, there are several online gambling operators who are trying their hard to secure a legitimated license under different categories to offer their services in Romanian online gambling market including sports betting – of course. Latest entrants into the highly popular online gambling space are iSoftBet and Play’n GO who have managed to secure a license for their services into the region along with their business associates and their exclusive gambling as well sports betting services. Looking at worldwide efforts to legalize sports betting in online betting space, the chances for them securing the licenses were high and righty so both the giants could convince gaming association with their application hence granted the permissions. Under the terms of the licenses, iSoftBet has been authorized for production and distribution of gaming software while Play’n GO is only granted a class two license with a provision to revise it after a particular time frame.
Since iSoftBet is one of the biggest in online gambling market, their entry into Romanian gambling space will facilitate local operators to integrate their gaming solutions into their offering with a simple API support hence this is being seen as the best opportunity for gambling giant to expand its arms in this region. Moreover, with the latest entry into a new region, they can further reach to the players who have until been only aspiring their offerings but could not able to sign with them for obvious reasons. Nir Elbaz, iSoftBet managing director, said talking about it, “Expanding the number of regulated markets in which we are operational is a significant part of iSoftBet’s growth plan. We regard responsible gambling as the highest priority, and work hard to deliver fair and enjoyable games for players and maximum profits for our operators.”
As far Play’n GO is concerned, they can also provide its gaming portfolio to all online channels for gaming operators in the country’s regulated market. Johan Törnqvist, chief executive of Play’n GO, said: “This is a landmark day for the company and we are delighted to have been awarded a gaming licence for Romania, a growing market that we have had our eyes on for some time.”