Betsoft Gets Approval to Enter Romanian Market

Online gaming developer Betsoft has been granted a National Gambling Class II License in Romania as the firm seeks to expand into more regulated markets worldwide. The firm will offer its full suite of games to licensed Romanian providers, including HTML5 native titles. Betsoft will also introduce its support services and full back office for management solutions to participating operators.

Online gaming developer Betsoft will enter the Romanian online gaming market after announcing it has received a National Gambling Class II License in the country.

Company officials said in a press release that the move into Romania is part of a general policy to expand the Malta-based company’s services into more regulated markets.

Betsoft will offer its full suite of games to licensed Romanian providers, including HTML5 native titles. It will also be making available its support services and full back office for management solutions to participating operators, the company said in a press release.

The back-office product is called Casino Manager and provides solutions for reporting, marketing and promotion alongside management tools. Betsoft also offers over 190 RNG titles and recently introduced a Shift environment, which is designed to aid cross-platform game development while reducing file size and enhancing integrations. The release said.

“We are pleased to have earned the opportunity to provide our games and platforms to such an exciting market, at the right time in its evolution,” said Julian Camilleri, account management director for the firm. ”Following re-regulation in 2016, the Romanian iGaming industry has grown dramatically, spurred on by clearer guidelines and better structures for player protection. While other providers rushed in early, we now believe the time is right for an educated player base to engage with our content and for mature operators to benefit from our platforms.”

Camilleri also pointed to the company’s expansion strategies.

“Our objectives are simple—to make the strongest possible entries into the right jurisdictions, and to be recognized in new regions for the signature style of cinematic gaming that has already made Betsoft a powerful force in our existing markets,” he said.