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The HALLO ECHO

Dutch Gambling Regulator to Raise Fine Imposed on Covid-19 Ads

 The HALLO ECHO
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  Kansspelautoriteit (KSA), the Dutch gambling regulator, is going to increase the fines levied on igaming operators who use coronavirus pandemic to promote their products by at least €50,000. As a result, operators, affiliates and review sites, all would face a 25% increase in the current penalty, meaning the minimum fine would start at €250,000.…

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Australian Communications and Media Authority takes action against 9Now for State of Origin gambling ads

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  The Australian Communications and Media Authority (ACMA) has taken action against Nine for breaching gambling advertising rules during online streams of the 2019 NRL State of Origin. An ACMA investigation found Nine aired gambling advertisements during the pre-game programming for State of Origin Games 1 and 2 on its streaming platform 9Now. Under gambling…

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MFSA Approves MiFinity Malta as Financial Institution

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  Global payments provider MiFinity’s fully owned subsidiary Mifinity Malta Ltd has been approved by the Malta Financial Services Authority (MFSA) has as a financial institution. This approval will support the existing Financial Conduct Authority (FCA) UK license, owned and operated by MiFinity UK Limited. MiFinity UK Limited is another fully owned subsidiary which is…

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Swedish Gambling Authority Orders Kindred to Pay SEK 100M for Bonus Violations

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  Spooniker, the wholly-owned subsidiary of Kindred Group, has received a warning and a fine of SEK 100 million from the Swedish Gambling Authority (SGA) for bonus violations. SGA said that some of Spooniker’s offers, competitions and promotions come under the purview of financial incentives and, therefore, should be treated as bonuses. The provision of…

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German Legislators Approve New Gambling Regulations

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  German legislators have approved the new gambling regulations that would legalise online poker and casino from 1 July 2021. A decision was also made on the location of the country’s new regulatory authority. Each of the German state parliaments must ratify the Glücksspielneuregulierungstaatsvertrag (GlüNeuRStv) bill, which intends to take the regulated igaming market into…

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MGA Suspends the Authorisation of Stakers Limited

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  The MGA has decided to suspend the authorisation specifically the Recognition Notice granted by the Authority number RN/112/2019, awarded to Stakers Limited (RN/112/2019) effective as of 9 March 2020 in terms of regulation 9(2) of the Gaming Compliance and Enforcement Regulations (S.L. 583.06). Stakers Limited is thus no longer authorised to carry out any…

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