Compliance Updates

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

Smarkets introduces betting exchange to Swedish market

 The HALLO ECHO
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  Betting exchange Smarkets has launched in Sweden after receiving approval from the national regulator. The London-headquartered company operates one of the world’s leading peer-to-peer platforms for trading on sport, politics and current affairs, and it is now available to users in Sweden at smarkets.com. Smarkets will become the second licensed betting exchange in Sweden,…

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Bulgarian Legislature Approves the Bill to Abolish Gambling Commission

 The HALLO ECHO
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  The Bulgarian legislature has approved the second reading of a bill that aims to abolish Bulgaria’s existing gambling regulator and hand its duties to the National Revenue Agency, as well as to introduce new capital requirements for licensees. Bill 054-01-51 to Amend and Supplement the Gambling Act was introduced in June and approved by…

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Russia’s State Duma Approves Overhaul of Sports Betting Laws

 The HALLO ECHO
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  The Russian State Duma has approved the legislation that will significantly overhaul the Russian sports betting industry, imposing tax on bets placed on overseas events and extending financial obligations to all market participants. The State Duma passed the bill in the second and third reading. The new rules pose limits on the types of…

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Kansspelautoriteit Issues 14 Warnings for COVID-19-related Ads

 The HALLO ECHO
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  The Netherlands’s gambling regulator Kansspelautoriteit (KSA) has revealed that it has issued 14 warnings to igaming operators over the use of the novel coronavirus (Covid-19) pandemic in adverts to promote their gambling products. Online gambling remains illegal in the Netherlands, but the regulator in March said it had seen an increase in the number…

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AGA CEO to U.S. Senate: Legal, Regulated Sports Betting Protects Athletes, Game Integrity

 The HALLO ECHO
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  American Gaming Association (AGA) President and CEO Bill Miller testified before the U.S. Senate Judiciary Committee on how the legal, regulated sports betting market ensures game and wager integrity, protects collegiate and professional athletes, and helps detect suspicious wagering and unlawful activity. “The protection of the integrity of competition is central to the interests of…

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Delasport secured ISO/27001 accreditation

 The HALLO ECHO
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  Delasposport is evaluated and accredited with the Information Security Management Certification ISO/IEC 27001 2017 Lead high-end software solutions company Delasport has been awarded with the Information Security Management Certification ISO/IEC 27001:2017 The ISO/27001 is a worldwide recognized information security standard for compliance with the best practices in information security and data protection, making sure…

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