Blackstone invests €175 million in Romania's Superbet

The Blackstone Group, one of the world's highest profile private equity firms, is sinking €175 million ($196.6 million USD) into Superbet, the Romanian operator that's seen its share of profits and expansions lately. It's a deal that reflects both the Blackstone Group's increasing interest in gambling operators, as well as Superbet's phenomenal success in Eastern…

Players gonna pay with Romanian deposit tax

Romanian players are finding that their deposits don't go quite as far as they did before the government imposed a two percent tax on deposits. It's an imposition on players that was originally a gift to operators, but is anyone in Romania even paying attention to the new tax - including the Romanian government? At…

Romanian Bet365 Players Questioned By Gaming Authorities

A few "lucky" Romanian punters who wagered on Bet365 sites were recently offered the opportunity to talk about their gambling activities with local gaming authorities. It's all part of a baffling feud between the well-regarded operator and the Romanian licensing authority it's been cooperating with for a very long time. At the heart of the…

Is Eastern Europe Internet Gambling's Next Hot Spot?

What's the hottest internet gambling market in the world right now? No, it's not Asia. The regulated version of that market is still in the fetal stage. Maybe one day it will pop, but not this year. How about Western Europe? Sorry, that's not it either. Thanks to piles of red tape and bureaucracy that…

Romanian Gambling Officals Issue Licenses and Blacklist

Romanian gambling officials have issued a new set of licenses to online operators and, true to their word, also published a black list of banned operators. While both actions are significant steps forward, both are intended only as temporary solutions to the country's ongoing challenge of igaming liberalization. As it stands, both the licenses and…

Romania Cracking Down on Unlicensed Operators

Gaming enforcement authorities in Romania have had it with unlicensed operators and they're doing everything in their power to stop them dead in their tracks. In some very blunt remarks, Romania's National Gambling Office (NGO) president Cristinela Odeta Nestor has vowed to, "eradicate," operators who don't fall in line with the country's harsh new gambling…