Compliance Updates

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

Netherlands: House of Representatives Wants a Ban on Untargeted Advertising Online Games of Chance

 The HALLO ECHO
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  A large majority of the House of Representatives wants a ban on untargeted advertising for online games of chance. Outgoing minister Sander Dekker (VVD) was against the motion and indicated that it is too early for that. According to the petitioners, since the opening of the online gambling market on October 1, 2021, there…

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EGBA on Finland’s Missed Opportunity For Overdue Gambling Reform

 The HALLO ECHO
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  The Finnish government’s proposal to introduce payment blockings for online gambling has been approved by the country’s parliament but, with its introduction, policymakers have missed an opportunity for meaningful and overdue gambling reform in the country. On 14 December, Finland’s parliament approved an amended version of a government proposal to introduce blocking measures for…

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PROPHET EXCHANGE APPOINTS JOSEPH CAPUTI AS DIRECTOR OF COMPLIANCE

 The HALLO ECHO
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  Prophet Exchange, the first pure peer-to-peer U.S. sports betting exchange, announced  that it has expanded its leadership team with the appointment of New Jersey-native Joseph Caputi as Director of Compliance. Caputi, a member of the New Jersey Bar Association, joins Prophet Exchange from his former role with storied Philadelphia law firm Duane Morris LLP.…

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Stakelogic granted Greek gaming license

 The HALLO ECHO
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  In-demand software providers expand their global reach after regulators give the green light to operate in Greece Stakelogic, the sought-after software studio behind fan favourite slots such as Mystery Drop and Extreme Megaways, have announced they’ll now be able to share their innovative catalogue of games with a brand-new audience after being granted a…

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ASA Bans 7 Crypto Ads in the UK

 The HALLO ECHO
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  UK advertisements watchdog has banned seven cryptocurrency ads by categorising them as “red-alert priority”. The banned ads include ones by Coinbase and Papa Johns. The Advertising Standards Authority (ASA) said its rulings follow proactive monitoring of cryptoasset ads, and form part of a wider project that will eventually shape specific guidance around advertising these…

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Sportradar Awarded Sports Betting Provider Licenses in Maryland and Wisconsin

 The HALLO ECHO
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  Leading sports data provider awarded Maryland Sports Wagering License and a temporary Gaming-Related Certificate in Wisconsin Sportradar, the leading global sports technology company creating immersive experiences for sports fans and bettors, via its US betting subsidiary, Sportradar Solutions LLC,  announced that it has received two new state gaming licenses: a Sports Wagering Contractor License…

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