Compliance Updates

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

Lithuania Announces New KYC Guidelines for Gaming Operators

 The HALLO ECHO
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  Lithuanian authorities have published new know-your-customer (KYC) guidelines for gaming operators. The Ministry of Finance’s Gambling Supervision Service said the guidelines outline the factors that gambling and lottery companies should take into account when assessing relationships and transactions to reduce the risk of involvement in money laundering and terrorist financing. Operators must check all…

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GVC Holdings Welcomes German Licensing and Tolerance Policy

 The HALLO ECHO
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  London-listed gaming operator GVC Holdings has welcomed the introduction of the transitional period tolerance policy (Tolerance Policy) in Germany. On September 10, the 16 Lander (German federal states) confirmed that they had agreed to a transitional tolerance policy for the period ahead of the implementation of the Interstate Treaty 2021 (Interstate Treaty). The key…

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Danske Spil Launches Player ID Cards

 The HALLO ECHO
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  Betting operator Danske Spil has launched new player ID cards, moving all land-based betting towards an account-based digital system. The ID card named “Sikkert Spil” has initially been made available to stores that sell Oddset and Tips services. It will be made mandatory throughout its partner kiosks, supermarkets and petrol stations across the country.…

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MGA publishes Consultation Feedback & Guidance Paper in relation to Suspicious Betting Reporting Requirements & Other Sports Integrity Matters

 The HALLO ECHO
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  During May 2020, the MGA published a consultation paper in order to gather feedback on the proposed bringing into force of the Suspicious Betting Reporting Requirements together with other measures which the Authority intends to implement in support of its commitment to safeguard the integrity of sports and sports betting. This consultation was open…

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Helio Gaming Licenced by the Malta Gaming Authority

 The HALLO ECHO
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  The lottery games developer has received its full MGA B2B licence Multi-award winning number and lottery games supplier Helio Gaming has received its full MGA B2B licence, meaning that the rapidly expanding, innovative company can now offer its full suite of gaming solutions across the European regulated markets and beyond. A significant step for…

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EA Advertises FIFA 21 Microtransactions in Kids’ Magazine

 The HALLO ECHO
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  EA has featured an ad for its FIFA Ultimate Team mode in a kids’ magazine. The magazine, sold in the UK, has a page on the Ultimate Team mode for the upcoming football game FIFA 21. The page is all about the game but the steps mentioned for the mode is what has caught…

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