Compliance Updates

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

New York Officially Approves Legal Online Sports Betting

The HALLO ECHO

  The state of New York has announced it approved a budget for its fiscal year 2022 that would allow for legal online wagering in the state for the first time. Further reporting from the Action Network and the Buffalo News indicates the plan to implement online sports betting will be some form of a…

read more

Brazil Launches Inquiry to Ban Loot Boxes

The HALLO ECHO

  The Brazilian authorities have launched an inquiry aimed at banning loot boxes in the country, on the recommendation of the National Association of Child and Adolescent Defense Centers (ANCED). The association argued that the randomized monetization mechanics are a form of gambling, which is illegal in Brazil, The Esports Observer reported. The inquiry targets…

read more

Socure to Provide DraftKings with Additional Compliance Tools

The HALLO ECHO

  Socure’s Intelligent KYC will enhance DraftKings’ customer verification process for its Daily Fantasy Sports, Sportsbook, and iGaming Products Socure, the leader in 100% digital identity trust, today announced that it signed a multi-year agreement with DraftKings Inc., a leader in the digital sports entertainment and gaming industry. Using Socure’s Socure ID+ identity verification suite,…

read more

Scout Gaming Appoints Irakli Budia as its New COO

The HALLO ECHO

  Scout Gaming has announced the appointment of Irakli Budia as its new COO. Irakli holds a bachelor’s degree in Business Administration and Management from the Aschaffenburg University of Applied Science and has previously successfully been running operations on Fanteam. Irakli has been contracted by Scout for almost 2 years. Irakli Budia will replace Terje…

read more

Maxima Compliance appoints Filippo Ferri as CCO

The HALLO ECHO

  Full-service compliance provider Maxima Compliance has bolstered its commercial operations with the appointment of its first chief commercial officer, Filippo Ferri. Ferri previously spent more than three years as Director of iGaming Strategy and New Products at BMM Testlabs. He has more than 15 years of experience within the gaming industry, including roles at Inspired…

read more

Saiber Welcomes Gaming Attorney Thomas McCormick to the Firm

The HALLO ECHO

  Saiber LLC is pleased to announce the addition of Thomas McCormick as a Member of the Firm’s Gaming Law Practice. Mr. McCormick is a seasoned gaming law attorney with over 30 years’ experience in the gaming industry, including twenty years as general counsel for a privately-held gaming equipment manufacturer.  He advises his clients on…

read more