William Hill is one of the renowned UK gambling operators. Recently they pulled out from the Romanian Market. Punters were unable to continue with their betting endeavours from Tuesday 3rd June. This is after the company ceased their operations and suspended the Romanian accounts. They asked the players to make submissions of their winnings payouts.
All those webmasters who acted as the Romanian market affiliates were also instructed to get rid of banners and links which connected their sites to Romania. A Spokesperson for William Hill said that their actions were prompted by the developments around regulating the Romanian market.
A new online gambling framework is being institutionalised in Romania which is planned to attract a couple of international licensees. Last month, the government made announcements that they needed all license applicants to pay up back taxes worth 20% of all the winnings from their Romanian players dating back to 2009. William Hill’s exit follows what Ladbrokes did in January, as well as Bet365.
On May 28th the president of Romania signed the new amendments to Government Bill 92/2014 which left the law to be published in the Official Journal for it to be put into effect. Interested operators have until the end of 2015 to send in their application to the National Gambling Office for the licenses.
On other news regarding William Hill, they ceased their offerings for their poker rake-back offers as from 1st June. William Hill runs on Playtech’s iPoker network which prompted them to change to source-based rake model this year in February which was their model of rewarding skins for bringing in more players to their poker arena. For players who were on the rake-back deals will be switched to Hill’s VIP program.
Thanks to Inspired Gaming Group, Hills now has two new HTML5 mobile applications. These fascinating games include a Romanian themed omni-channel smash by the name Centurion which is at this time one of William Hills’ top 3 games. The other is the called Spirit of the Samurai which is a free spins slot. The SVP to the mobile section at William Hill; Dave Hammond said that he was excited with the performance of the two games which are exclusive to William Hill’s mobile platform.
This article is published in: News, Withdrawal from market
Tags: Ladbrokes, Legislation, mobile betting, poker, tax, UK, William Hill
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