Romania Appoints Gambling Regulator

The federal government of Romania has announced that it has officially appointed a gaming regulator to oversee the country's gambling operations, finally bringing a firm onboard after laws requiring the implementation were passed in 2010.

The new National Gambling Office will oversee regulation and enforce the harsh gambling laws that legislators in Romania passed almost three years ago. Under the law, punters caught playing at unlicensed casinos can face up to two years in prison.

Thus far the only licensed online betting operators are those who have an existing land based casino operation... something that has proven to be a contentious issue among fellow members of the European Union.

The NGO is set to begin executing its authority on April 15th.

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