The Impact of NetEnt's Entrance into RomaniaPublished June 11, 2016 by Florin P
After NetEnt secured Class 2 licenses needed to operate in the Romanian regulated gambling market, it'll be interesting if that market will continue going into a positive direction, and if others will be encouraged to "Go Romania".
Not so long ago, the Romanian gambling market was unregulated and online operators required no license to cater for local players. It all changed in 2015, when the National Gambling Regulator ONJN came out hard after unauthorized casinos, as well as individual players. Different licenses are now needed by gambling operators and software developers such as NetEnt with the latter requiring a Class 2 license.
NetEnt Adapts to Regulated Markets
The Scandinavian software developer has a reputation of abiding by the rules and was among the first to apply for the much-needed license. Expansion on regulated markets is a central pylon in their long-term strategy and they were quick to adapt to the changing rules. The Romanian license is just one of the many certifications they have obtained in several European countries, but it represents an important milestone.
Net Ent is a leading gaming provider for many online casinos, including a few targeting Romanian players. The fact that they have secured the class 2 licenses should encourage the latter to apply and eventually obtain the necessary certifications. As for the software developer, this represents an important step forward, as it will be able to legally distribute and produce specialized software in Romania.
NetEnt Joins Playtech and Vermantia
The three software developers are the only ones that currently hold a supplier license in Romania, with Playtech and Vermantia securing their licenses earlier this year. The Class 2 license also covers the iGaming management and hosting facilities which indicates the fact that all three companies have high expectations from the Romanian market.
The draconian measures taken by the ONJN in 2015 against players who gambled at unauthorized casinos and bookies, scared both punters and casino fans. They pay more attention to online gambling operators that hold valid licenses and tend to double check the list of accepted casinos, to avoid hefty fines.
NetEnt has never had a problem in convincing online casinos to use their platform, since they offer a superior product. However competition is intense all across Europe and this license should make them more attractive for online casino players.