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Romania’s national gambling regulator informed that operator Westgate Romania has been fined €50,000 ($58,000) after jumping the gun on completing a deal to take over Stanleybet’s brands in the country.
Westgate admitted that it had wrapped up the merger before the deal was fully approved by the country’s competition regulator. The admission of wrongdoing led to a reduced fine, according to the ZF.ro news website.
Earlier Westgate signed the deal to acquire the Stanleysport.ro and Stanleybet.ro domains, as well as the Stanleybet brand in Romania, from Stanley International Betting Limited. The competition watchdog did finally approve the deal in February of this year. However, it emerged that Westgate had already “opened and closed workstations and installed or withdrawn terminals”, the report said.
