Online gaming giant bwin party was on Monday blacklisted by Romania’s online gaming regulator.
The decision comes as a surprise especially since the company paid close to €8m in back taxes. Moreover, the country’s authorities had provisionally approved bwin party’s igaming license.
The reason offered for this action of the Romanian authorities is because bwin and its PartyPoker and PartyCasino continued to offer their services in the country despite without having the necessary approvals.
Ideally, the company should have stopped their operations until there was further clarity is what was the expectation of the authorities, claim sources close to bwin party.
Other notable companies that have suffered a similar fate in the European country include the likes of mybet, Betclic, William Hill and Betfred.
Now the onus lies with bwin party to reassure the authorities with regards to its future course of action so that they are allowed to offer their products to Romanian players.
Its inclusion in the blacklisted companies list is a major blow to bwin party, as it had plans to enter the country’s regulated market in a big way.
The Romanian authorities have had talks with operators to ascertain the amount of back taxes they prior to them applying and acquiring a license.
Companies could end up paying close to €90m in back taxes in Romania, with high-profile brands like bwin, Bet365, Sportingbet and PokerStars contributing majority of it.