Compliance Updates

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

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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CASINO EMPLOYEE SACKED FOR BORROWING CASH FOR GAMBLING

 The HALLO ECHO
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  A gaming manager at The Star was sacked and banned from the casino for borrowing cash from her employees to fund her gambling habit. The Casino Special Employee, Minh Nguyen, used her position as an assistant gaming manager to borrow thousands from her staff, some of which was not paid back. Independent Liquor & Gaming Authority Chairman Phillip Crawford said it was a matter of integrity when an employee abuses a position where…

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Bragg Gets Approval to Acquire Spin Games

 The HALLO ECHO
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  Bragg Gaming Group has announced that it has received all required regulatory approvals to complete its acquisition of Spin Games LLC (Spin Games), which it now expects to occur in early 2022. Bragg also provided an update on its continued operating progress through its recent expansion into the Netherlands. Yaniv Spielberg, Chief Strategy Officer…

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