Compliance Updates

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

ASA Bans Betway Ad Featuring 20-year-old England Footballer Declan Rice

 The HALLO ECHO
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  The Advertising Standards Authority (ASA) has banned an ad by the gambling firm Betway for featuring footballer Declan Rice because he is under 25 years old. The video on the company’s YouTube account, seen in October, showed a car clamp prank being played on the England and West Ham star. A viewer complained that…

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Greek Government Submits Draft Gambling Legislation to European Commission

 The HALLO ECHO
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  The Greek government has drafted new gambling legislation and submitted it to the European Commission for approval. The main difference in the potential new landscape is to subject online sports betting and other games to different licences. The latter will only cost €2 million, while sports wagering operations will require a €3 million investment.…

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Yggdrasil Secures Isle of Man B2B Software Licence

 The HALLO ECHO
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  Online gaming solutions provider Yggdrasil has secured a B2B software licence from the Isle of Man Supervision Commission. The new IoM certification brings the total number of software licences obtained by Yggdrasil to eight across four major gaming jurisdictions including the UK, Malta, Gibraltar and Romania. Since being founded in 2013, the company has…

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UK Gambling Commission Considers Banning VIP Schemes

 The HALLO ECHO
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  The UK Gambling Commission is considering whether to ban VIP schemes after collecting data from betting firms, including one that took 83% of all deposits from 2% of its customers. The much-criticised membership programmes reward gamblers who habitually lose large sums of money with perks such as free bets, cashback on losing wagers or…

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500.com Limited Malta-Based Subsidiary Temporarily Suspends Operations in Sweden

 The HALLO ECHO
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  500.com Limited, a leading online sports lottery service provider in China, today announced that the The Multi Group (“TMG”), a Malta-based subsidiary of the Company, has temporarily suspended its operations in Sweden as TMG did not complete the eGaming license renewal before its expiration. TMG is in close communication with Sweden’s eGaming regulatory authority…

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Latvia Introduces Responsible Gambling Program

 The HALLO ECHO
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  Latvia has launched a responsible gambling initiative beginning from the New Year that offers the players an option to self-exclude themselves from gaming operations. After the Latvian government approving the self-exclusion program, it came into force January 1. players can ban themselves from both online and land-based gaming operations for one year. “The purpose…

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