Eastern Europe

CN Loteria Românã Notifies WLA and EL on Sports Betting Collaboration

Published

3 years ago

January 27, 2022

Reading Time: < 1 minute

CN Loteria Românã, the operating company of Loto Romania, is reviewing whether to expand the product portfolio of the national lottery to include a fixed-odds and online sportsbook offering.

The operator has issued notice to The European Lotteries (EL) and World Lottery Association (WLA), informing the bodies that it requires guidance on developing an “organised framework to cater for an organic consumer demand in sports betting”.

Loteria Românã has requested guidance from fellow WLA and EL members on the funds and investment needed to operate an effective sportsbook framework.

The notice disclosed that Loteria Românã will review proposals by “interested parties” to operate its fixed odds betting and online sportsbook. The submission closing date is January 31.

Proposals for cooperation must include details on client portfolios, sportsbook systems used and an initial outline on how the partnership would work.

Authorised by the Romanian government, Loteria Românã serves as the “exclusive contractor” of the eastern European country’s lotteries for land-based and remote draws.

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.