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The HALLO ECHO

Malta Gaming Authority Lowers RTP

The HALLO ECHO

  The Malta Gaming Authority (MGA) has amended its Player Protection Directive to lower the minimum return to player (RTP) percentage from 92% to 85%. This will be applicable to both land-based and remote operators. The new amendments are prepared after a closed consultation with the industry stakeholders, including consultants, business-to-consumer operators and business-to-business operators..…

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Connecticut Sports Betting and igaming Law Comes into Force

The HALLO ECHO

  The new sports betting and igaming law has come into force in Connecticut, as Governor Ned Lamont signed the bill to legalize online sports betting and igaming. The law approves the agreement between Lamont and Mashantucketand Mohegan tribes in March, which offers permission to the tribes to start sports betting service at land-based sportsbooks…

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Connecticut All Set to Start Sports Betting Despite Voices of Dissent

The HALLO ECHO

  Connecticut has become the newest US state to start sports betting. The state Senate passed the bill, HB 6451, which empowers Gov. Ned Lamont to finalize a deal with the Mashantucket Pequot and Mohegan tribes. The bill also enables the Connecticut Lottery Corp. to provide in-person and online sports betting, online keno and online…

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UEFA Slaps €50K Fine on Zlatan Ibrahimović for Bethard Stakes

The HALLO ECHO

  The Union of European Football Associations (UEFA) has fined mercurial Swedish footballer Zlatan Ibrahimović for €50,000 on his financial stakes in the Malta-based online betting company Bethard Group. The Appeals Body of UEFA has examined the investigation report and pronounced the judgement on the penalty for violating ‘Article 12’ of European football’s ‘Disciplinary Regulations’.…

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Penn National Gaming Receives Final Regulatory Approval to Acquire Operations of Hollywood Casino Perryville

The HALLO ECHO

  Penn National Gaming, Inc. announced that it has received final approval from the Maryland Lottery and Gaming Control Commission to acquire the operations of Hollywood Casino Perryville. Penn National entered into a definitive agreement with Gaming and Leisure Properties, Inc. in December 2020 to acquire the operations of Hollywood Casino Perryville for $31.1 million…

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Betting and Gaming Council’s Response To Peers For Gambling Reform’s Report

The HALLO ECHO

  Michael Dugher, the chief executive of Betting and Gaming Council (BGC), issued a statement as a response to recommendations of a recent report by Peers for Gambling Reform (PGR), an informal group of legislators with a common interest in gambling reform. PGR had claimed in the report, based on the findings in its study…

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