888 Holdings Acquires Licenses to Operate in Denmark and Romania
Online poker operator 888 Holdings announced last week that they received online gaming licenses to operate in both the Danish and Romanian regulated markets.
Itai Frieberger, Chief Operating Officer at 888 Holdings, is pleased the company was granted licenses by gaming regulators in both countries stating, "Thanks to the hard work of our team and the regulators involved, we are excited to offer our entertaining, secure and trusted gaming brands to players from Romania and Denmark."
We are proud to offer the 888 marquee brands in these markets, reaffirming our strategy to become a dominant operator in global gaming regulations.
"Launching in two regulated markets concurrently is another testimony of our ability to leverage our regulated technology and know-how in delivering our market-leading products," Frieberger added. "We are proud to offer the 888 marquee brands in these markets, reaffirming our strategy to become a dominant operator in global gaming regulations."
888 Holdings launched three of its brands, 888poker, 888casino and 888sport, for real-money play to players in Romania last week. Romania just began its new licensing regime this year, with many online poker operators interested in entering the regulated market while others express uncertainty as to whether they will apply for an online gaming license.
According to the Danish regulatory website, 888poker is now licensed for its bingo, backgammon, casino, and sports betting offerings. Most notably left out from the website are its online poker offering, along with licenses for its Pacific Poker and WSOP. Online gaming in Denmark has been regulated since 2012 when the country passed its gaming legislation and began granting licenses to online gaming companies.
Despite poker not being specifically listed on the Danish website, Nick Jones reported on Poker Industry Pro that, "both (Denmark and Romanian) licenses should allow for online poker to be offered."
Despite 888 Holdings being pleased with operating in two new regulated markets, the company appears to have lost the bidding war with GVC for the rights to own bwin.party. Late last week, Bwin.party Digital Entertainment's board announced that it accepted the latest bid from GVC Holding to acquire the company for £1.116 billion ($1.71 billion).
*Lead photo courtesy of deviantart.net.