GVC obtains permanent Romanian license

(PRESS RELEASE) -- GVC is pleased to announce that the Romanian National Gaming Office (ONJN) has granted the Group a full and permanent 10-year licence to operate sports betting and casino games in the country, via its fully owned subsidiary, Headlong Limited. In addition, the Group has also been awarded a Class 2 licence to supply software, affiliate marketing and hosting services to Headlong.

The Group has previously been operating its SportingBet brand in Romania under the terms of an interim licence, which was granted on Sept. 1, 2015. The new licences come in to effect from Sept. 1, 2016.

Kenneth Alexander, Chief Executive of GVC, said:
"We are delighted to have been awarded a permanent licence in Romania. It is an attractive and growing market where the Sportingbet brand is increasingly popular. We are focused on developing our product line there in order to attract new customers and grow our business."