Romania’s National Gaming Office (ONJN) announced that it has revoked the license of the Bucharest-headquartered operator Betting Frenzy. Signed by Mihail-Silviu Pocora, president of the ONJN, the decision will void the company’s license because of tax-related issues. As a result, the company will no longer be able to legally offer slot games in the country.

According to the ONJN, the decision was taken after the regulator carried out controls and found out that the gambling company failed to properly declare and pay its taxes for the first three quarters of 2023 in the provided time frame. The ONJN understood that Betting Frenzy had not declared nor paid around $704,000 in gambling taxes.

To make matters worse, the operator not only failed to money but also did not provide the proper documentation to the relevant bodies. According to the ONJN, Vochitoiu Mihaela, a representative of Betting Frenzy, could not prove that she had sent the required documents to the relevant bodies.

The ONJN has now required the operator to pay back the money it owes. The company’s license will be taken away and it will be required to pay an $11,000 fine. However, the company can try to appeal the regulator’s decision within 30 days of the ruling.

The Romanian Market Continues to Grow

Romania has one of the fastest-growing casino markets in Europe and is constantly attracting new companies. Some of the latest licenses issued by the ONJN were handed to Soft2Bet and ELA Games. In April, the regulator also provided a license to RubyPlay.

As a result of this influx, the ONJN has to work overtime to ensure that its licensees are compliant with the rules outlined in Romania’s gambling laws.

July saw a number of foreign suppliers ink deals with local companies and expand their presence in the Romanian iGaming market, further cementing the country as an attractive European destination for gambling firms.

One of the latest deals saw the Bulgaria-headquartered supplier 7777 gaming supply NetBet Romania with over 50 new games. Around the same time, Pragmatic Play agreed to provide live casino content to Superbet, another Romanian operator.

Speaking of Superbet, the gambling company also secured a bespoke SuperLiga game thanks to an agreement with Gaming Realms.

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The fast-developing iGaming market in Romania has recently attracted a fair bit of interest with Boldplay, an established studio in the online casino vertical, now being cleared by the country’s national regulator, the Oficiul National pentru Jocuri de Noroc (ONJN).

Romania Beckons as Boldplay Expands Geographical Reach

The recently Gibraltar-licensed developer will be able to bring an array of titles with local operators once the products are rolled out officially. Both Gibraltar and Romania are important milestones for the company as it seeks to further consolidate its presence in regulated gaming markets.

The latest achievements sit alongside other hallmarks of trust issued by the likes of the Malta Gaming Authority, the UK Gambling Commission, the Isle of Man Gambling Supervision Commission and Comissão de Jogos in Portugal.  Boldplay also brings a strong variety of products to deploy with local operators and helps them engage better with local player bases.

Presently, the supplier has developed more than 80 slots, table games, scratch cards, bingo, and keno products, which make for an impressive overall selection of games. Some of the most recent releases have demonstrated Boldplay’s unflattering commitment to improving its overall product offer with slot games such as Warriors & Warlocks and Cyborg City demonstrating cutting-edge design and company-first features.

Dual reels and unlockable upgrades are all part of the gameplay, which helps set these titles apart and establishes Boldplay as a good choice for any casino that is looking to secure a larger presence in the market. Boldplay is also working with aggregators such as EveryMatrix, Games Global and Slotegrator to reach new audiences and integrate quickly with operators in target markets. Swift integration will definitely be a priority for the studio in Romania.

Studio Yet to Reveal Partner Operators Names

Boldplay CEO Valli Fragoso hailed the opportunity to secure a Romanian market and establish the company in a highly-regulated and praised market that is only going to grow in the coming months and years. Romania is part of the broader Boldplay expansion plans.

Sitting alongside our existing licensing from the GLA, this latest certification will enable us to forge new relationships with regulated operators and allow us to introduce our games in what is an exciting and rapidly developing market,” Fragoso concluded.

Romania has proven an interesting market for many companies of late, including OnAir Entertainment and MST. In the coming weeks, Boldplay will be readying up to launch officially with some of the country’s top operators.

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