Compliance Updates

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

Videoslots statement regarding Swedish Gambling Authority injunction

 The HALLO ECHO
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  A spokesperson for Videoslots said: “Videoslots notes the decision made by the Swedish regulator and is pleased that it confirms compliant implementation of the bonus, deposit and time limits put in place by the Swedish government to counter a perceived increase of risks during the COVID-19 pandemic. “According to the decision, these regulations also prohibit the withdrawal-related functionality which remained in question. We will comply…

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Bragg Gaming Provides Corporate Update in Advance of Graduation to Toronto Stock Exchange

 The HALLO ECHO
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  Bragg Gaming Group announced that the Company is accelerating its expansion into the U.S. and Canadian iGaming markets. Bragg’s recent completion of a number of its strategic objectives, including: The Company’s recently completed acquisition and earn-out of ORYX Gaming Transformation of the Company’s balance sheet from liabilities of circa C$50.0M to currently more than…

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Pariplay Secures Interim iGaming Supplier License for West Virginia

 The HALLO ECHO
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  Pariplay Ltd., the No. 1 aggregator and content provider behind innovative products including the Fusion™ aggregation platform and the Ignite Studio development programme, has announced it has been granted an Interim iGaming Supplier License for the state of West Virginia. The reception of this license marks Pariplay’s entrance into a second US state, following…

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Czech Government Prevails in Latest Casino Kartáč Case

 The HALLO ECHO
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  The Czech government has claimed a victory in a legal dispute with land-based operator Casino Kartáč Group, in relation to the operation of interactive video lottery terminals (VLTs). Casino Kartáč had issued a claim for €53.8m in compensation for lost profit, alleging that the Ministry of Finance’s procedure for issuing permits for VLTs was…

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Tom Rogers, Chairman of Engine Media Holdings and former Chairman of WinView, Inc., and other Directors Sued Over Breach of Fiduciary Duty

 The HALLO ECHO
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  Former shareholders seek damages and to unwind merger In a lawsuit filed in Delaware Chancery Court, Tom Rogers and Hank Ratner, former board members of WinView, Inc., were accused of advancing their personal interests over their duty to common stockholders when arranging the three-way merger that created Engine Media Holdings last year.  As a result of their actions,…

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Netherlands’s Kansspelautoriteit Clarifies Licence Application Deadlines

 The HALLO ECHO
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  Dutch gambling regulator Kansspelautoriteit (KSA) has clarified its rules around the submission of documents for prospective online licensees, announcing that certain documents required to receive a licence may be submitted later than the application. KSA clarified that, as long as the application is submitted by April 15, the documents will not be required until…

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