Compliance Updates

The most recent compliance updates of the online and land based gaming industry in the European Union, Asia, Russia and Americas

readen-holding-corp-finalises-acquisition-of-morrich-lottery-limited

Readen Holding Corp Finalises Acquisition of Morrich Lottery Limited

 The HALLO ECHO
By:
0
0

Reading Time: < 1 minute   Readen Holding Corporation, a venture capital specialising in Fintech, Digital Payments and E-commerce, has announced the successful signing of the final agreement to acquire an 80% controlling stake in Morrich Lottery Limited, a fully licensed lottery operator in Nigeria. This milestone marks RHCO’s official entry into the African gaming…

read more
swedish-regulator-imposes-fine-of-sek12m-on-videoslots

Swedish Regulator Imposes Fine of SEK12M on Videoslots

 1024 683 The HALLO ECHO
By:
0
0

Reading Time: 2 minutes   The Swedish gambling regulator, Spelinspektionen, has fined Videoslots SEK12m (£937,016) for failing to help customers better manage their gambling behaviour when it had reason to do so. The regulator said that the company did not take sufficiently effective measures to intervene on excessive gaming and “did not act promptly enough.”…

read more
dutch-regulator-issues-warning-to-711-bv

Dutch Regulator Issues Warning to 711 BV

 1024 683 The HALLO ECHO
By:
0
0

Reading Time: < 1 minute   The Dutch Gaming Authority (KSA) has warned 711 BV, a provider of online games of chance, for showing gambling ads on a website aimed at minors. The warning followed a report from a parent who saw an advertising banner from 711 on a website linked to homework assignments from…

read more
ukgc-warns-operators-over-late-regulatory-returns

UKGC Warns Operators Over Late Regulatory Returns

 1024 683 The HALLO ECHO
By:
0
0

Reading Time: < 1 minute   The UK Gambling Commission (UKGC) has issued a warning to operators, reminding them that failure to submit regulatory returns on time may lead to penalties and further enforcement actions. The warning follows a spate of fines against operators who have failed to submit a regulatory return in the required…

read more
bede-gaming-receives-top-level-supplier-certification-from-wla

Bede Gaming receives top level supplier certification from WLA

 1024 691 The HALLO ECHO
By:
0
0

Reading Time: 2 minutes   World Lottery Association approves innovative software provider with certification to Security Control Standard Level 2  Online gaming and lottery software provider Bede Gaming has taken another important step on its mission to provide market-leading and secure platform software to its customers, with the announcement that it has acquired World Lottery…

read more
ksa:-fine-of-e734,000-imposed-for-breach-of-duty-of-care

KSA: Fine of €734,000 Imposed for Breach of Duty of Care

 1024 683 The HALLO ECHO
By:
0
0

Reading Time: < 1 minute   The Dutch Gambling Authority (KSA) has for the first time imposed a fine of €734,000 on one of its licensees because the company failed to adequately protect young adults against excessive gambling and gambling addiction. Gambling companies have a duty of care and must protect players as much as…

read more