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The HALLO ECHO

Belarus makes online gambling legal

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Alexander Lukashenko, the president of Belarus, has signed the order that legalises online gambling in the country. The new decree sets in motion a new system of licensing and taxation of online activities in the country. The Decree №305 also defines the requirements and conditions to conduct online gambling in the country. Those companies interested…

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UK’s Gambling Commission publishes tougher ad rules

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The UK’s Gambling Commission has released a new set of updated rules regarding advertising, which are more stringent and tougher than the older set of rules. The commission said that the new set of rules “provide stronger protection for consumers and ensure they are treated fairly by gambling businesses.” The new rules are set to…

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Russia unveils new law to punish illegal gambling

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According to the Russian President Vladimir Putin has signed a new law that would slap stringent punishment for unlawful organisation of gambling. According to the new law, bill, persons who conduct gambling in betting organisations outside special zones or who provide premises for unlawful gambling could receive fines up to 500,000 rubles (US$7,950) and two-year…

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Law Commission of India backs gambling in Bitcoin

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The Law Commission of India has recently submitted its 276th report to the Union Minister of Law and Justice, Ravi Shankar Prasad. One of its recommendations is to legalise gambling, especially through Bitcoin. The recommendation has created bit of a storm in the country, with political parties and activists expressing their strong protests. It must…

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MGA- Key Functions

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One of the salient changes which shall be brought about by the new Gaming Act, as of 1st July 2018, is that licensees are required to identify the persons responsible for the key functions as defined at law.  Such persons are, in turn, required to undergo the MGA’s scrutiny in order for the Authority to…

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Valve alters Dota 2 loot boxes to comply with Dutch regulation

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The US games developer Valve has altered the way the Dutch players can interact with and purchase loot boxes. The changes have been introduced after complaints were lodged by the Netherlands Gaming Authority about a couple of games, Dota 2 and Counter-Strike: Global Offensive, for violating the country’s Betting and Gaming Act. A Reddit user…

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