NetBet Secures 10-year Romanian Licence

NetBet, online sports betting operator, has announced that it has secured a “Class 1 Romanian operator license” from Oficiul National pentru Jocuri de Noroc (ONJN), or National Office for Gambling,  for a ten-year period.

This conformation will allow Malta-licensed NetBet to operate Romanian subsidiary Cosmo Gaming Company Ltd.; a division which will maintain’s operations and services.

Having been granted a provisional license by ONJN, NetBet governance stated in October 2015 that it was committed to continue the development of its operations within the Romanian betting market.

The sports betting operator had previously shown its market intent by announcing its biggest European sponsorship partnership with Romania’s most popular football club; Steaua Bucuresti.

Commenting on the ONJN licensing, Alexandre Mangaud, Director of Marketing at NetBet, said: “Romania is important to us and it was essential that we could to provide our services within the market.

Regulated markets are and remain the main target for NetBet as they provide safety and peace of mind for players. Being able to offer a safe, transparent and responsible product is core to our company values.”

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