Compliance Updates

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

MGA Cancels Gaming Service Licence of Betixx

The HALLO ECHO

  The Malta Gaming Authority (MGA) has cancelled the gaming service licence of Betixx Limited, after ruling that the operator breached a number of regulations. According to the MGA, Betixx breached paragraphs B and E of the Third Schedule to the Gaming Act. Paragraph B refers to the failure to submit specific documents to the…

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Latvian Parliament Approves Amendments to Gambling Laws

The HALLO ECHO

  Saeima, the parliament from Latvia, has approved the amendments in the final reading of the Law on Lotteries and Gambling Fee and Tax. The tax revenue from gambling that the state perceives has increased from 75% to 95%. The amendments were designed to increase tax revenue for the state and help cover budget gaps.…

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Swedish Government may Implement New Restrictions on Loot Boxes

The HALLO ECHO

  Swedish Consumer Agency Konsumentverket has submitted a report that warned of the video game feature’s potential risks for children and the vulnerable to the country’s Gaming Market Commission Spelmarknadsutredningen. The report compiles a series of recommendations for reducing the negative effects of gambling in the country. In its report, the Konsumentverket acknowledged that many…

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Seller of illegal streaming devices jailed for three months and fined $166,200 in landmark case

The HALLO ECHO

  An electronics retailer in Singapore has been convicted of selling illegal streaming devices (ISDs), which provided access to illegal broadcasts of Premier League football and other entertainment content. Synnex Trading and its Director Jia Xiaofeng were today found guilty of four criminal charges of copyright infringement. Jia was sentenced to 12 weeks in jail…

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Parliament of Greece Passes Gambling Reforms

The HALLO ECHO

  The Parliament of Greece has passed a package of legislation which includes a bill reforming the country’s gambling laws. The gaming bill will see operators permitted to continue offering Random Number Generator games, such as slots, something omitted from an earlier draft. The final bill also lowers the licence fee to €3m, down from…

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Superbet Secures Online Betting License in Poland

The HALLO ECHO

  Romanian bookmaking company Superbet has secured an online betting license in Poland. In April, Superbet Zakłady Bukmacherskie submitted the necessary documents to the Ministry of Finance to obtain permission for online sales. The licensing process went smoothly and the regulator issued official permission to conduct online operations of the company based in Katowice. Superbet…

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