Mentor Gaming, an international provider of online gambling software platforms, opened a technical office in Romania early in May, from where it plans to coordinate the development of the business in Eastern Europe, a "virgin" market in terms of online gaming, the company officials told ZIARUL FINANCIAR.
Marketing across the region will be coordinated from Romania, as well, though at a later date. The office in Bucharest will manage both the localisation of the software solutions and the improvement and development of new ones.
The company already has 12 employees in Bucharest, whose number will triple in the next two years, Traian Moisa, PR Manager of Mentor Group Holdings, told ZF. According to the statements of Alon Peled, CEO of Mentor Gaming, the company intends to invest approximately 14 million euros in the development of the online gaming market in the next two years.
The company provides investors interested in an online gambling business with a personalised full software package, with prices starting, according to the company's web page from 35,000 euros for one gambling platform. More gaming platforms can be purchased in leasing for 95,000 euros, according to the same source.
"At this moment, Mentor Gaming, through Mentor Group Holdings, is very close to striking a deal with a Romanian investor interested in launching online casinos using the 'powered by Mentor Gaming' logo," Moisa added. He went on by saying, "the investment is recovered in a time frame of one to two years and is influenced by many things. The online gaming industry allows for quickly recouping an investment and this is one of the aspects that draw investors."
"According to our data, Mentor Group Holdings is the only company in Romania that provides such services to investors interested in launching online gambling or betting sites or online casinos. At present, the online gambling market in Romania is a virgin market, but we have data that allow us to estimate the market will shortly start to take shape, with investor enthusiasm being an important sign," Moisa added.
The decision to expand the company was made based on information that approximately 38 million Internet users live in Central and Eastern Europe (Romania, Poland, Hungary, the Czech Republic, Croatia, Bulgaria and Macedonia).
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