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The HALLO ECHO

Swedish Government may Implement New Restrictions on Loot Boxes

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  Swedish Consumer Agency Konsumentverket has submitted a report that warned of the video game feature’s potential risks for children and the vulnerable to the country’s Gaming Market Commission Spelmarknadsutredningen. The report compiles a series of recommendations for reducing the negative effects of gambling in the country. In its report, the Konsumentverket acknowledged that many…

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Seller of illegal streaming devices jailed for three months and fined $166,200 in landmark case

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  An electronics retailer in Singapore has been convicted of selling illegal streaming devices (ISDs), which provided access to illegal broadcasts of Premier League football and other entertainment content. Synnex Trading and its Director Jia Xiaofeng were today found guilty of four criminal charges of copyright infringement. Jia was sentenced to 12 weeks in jail…

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Parliament of Greece Passes Gambling Reforms

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  The Parliament of Greece has passed a package of legislation which includes a bill reforming the country’s gambling laws. The gaming bill will see operators permitted to continue offering Random Number Generator games, such as slots, something omitted from an earlier draft. The final bill also lowers the licence fee to €3m, down from…

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Superbet Secures Online Betting License in Poland

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  Romanian bookmaking company Superbet has secured an online betting license in Poland. In April, Superbet Zakłady Bukmacherskie submitted the necessary documents to the Ministry of Finance to obtain permission for online sales. The licensing process went smoothly and the regulator issued official permission to conduct online operations of the company based in Katowice. Superbet…

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Spelinspektionen to Launch New AML Reporting System

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  Spelinspektionen, the Swedish gambling regulator, is going to launch a new system for licensed operators to report suspected money laundering and terrorist financing. Scheduled to launch on January 13, 2020, the goAML platform will increase the quality of reports filed with the police. The goAML platform will open for registration on December 9 and…

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LeoVegas swedish gaming license extended to five years

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  On January 1 this year, Sweden introduced a licensing system with the possibility for gaming companies to obtain a license for up to five years. LeoVegas was among the first to have its licence approved, however, only for a two-year licence. The decision to grant a two-year gaming license has now been reconsidered with…

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