Internet betting site Bet365 lost an appeal this week in the Romanian Court of Appeals where it was trying to get its gaming license suspension lifted.
Bet365 had previously paid €30 million in back taxes that the Romanian government imposed on it as a means to get an online gaming license in the first place, but then saw its license suspended when the country's gaming regulator said that the betting site did not halt operations while the gaming license was being processed.
The gaming firm is likely to continue its appeal, and has called the decision corrupt, unjust, and disgraceful. It is thought by many industry analysts that the license was yanked due to pressure from domestic betting firms that can capitalize on traffic that can no longer head toward Bet365.
Casino Listings will update this story as more developments arise.