Compliance Updates

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

GiG offering free Coronavirus compliance check to all online operators

 The HALLO ECHO
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  Gaming Innovation Group Inc. (GiG) has added Coronavirus keywords to its proprietary affiliate monitoring and compliance software, GiG Comply. In direct response to the criticism of a few unethical affiliates exploiting the current Coronavirus crisis by supervisory authorities, GiG is offering free searches to operators that are concerned that their brand might be promoted…

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Maxima Compliance launches technical compliance tool, Complitech

 The HALLO ECHO
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   Complitech, a first-of-its-kind technical compliance database providing the latest requirements from more than 20 online gaming jurisdictions, has launched to simplify and speed up the process of rolling out products in new markets. Developed by the team behind leading regulatory and technical compliance provider Maxima Compliance, Complitech provides up-to-the-minute product compliance information via a…

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Dutch Gambling Regulator to Raise Fine Imposed on Covid-19 Ads

 The HALLO ECHO
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  Kansspelautoriteit (KSA), the Dutch gambling regulator, is going to increase the fines levied on igaming operators who use coronavirus pandemic to promote their products by at least €50,000. As a result, operators, affiliates and review sites, all would face a 25% increase in the current penalty, meaning the minimum fine would start at €250,000.…

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Australian Communications and Media Authority takes action against 9Now for State of Origin gambling ads

 The HALLO ECHO
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  The Australian Communications and Media Authority (ACMA) has taken action against Nine for breaching gambling advertising rules during online streams of the 2019 NRL State of Origin. An ACMA investigation found Nine aired gambling advertisements during the pre-game programming for State of Origin Games 1 and 2 on its streaming platform 9Now. Under gambling…

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MFSA Approves MiFinity Malta as Financial Institution

 The HALLO ECHO
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  Global payments provider MiFinity’s fully owned subsidiary Mifinity Malta Ltd has been approved by the Malta Financial Services Authority (MFSA) has as a financial institution. This approval will support the existing Financial Conduct Authority (FCA) UK license, owned and operated by MiFinity UK Limited. MiFinity UK Limited is another fully owned subsidiary which is…

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Swedish Gambling Authority Orders Kindred to Pay SEK 100M for Bonus Violations

 The HALLO ECHO
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  Spooniker, the wholly-owned subsidiary of Kindred Group, has received a warning and a fine of SEK 100 million from the Swedish Gambling Authority (SGA) for bonus violations. SGA said that some of Spooniker’s offers, competitions and promotions come under the purview of financial incentives and, therefore, should be treated as bonuses. The provision of…

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