Compliance Updates

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

UKGC Reveals Reasons for Triplebet Licence Suspension

 The HALLO ECHO
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  The UK Gambling Commission (UKGC) has published the reasons for suspending Triplebet’s licence. Triplebet’s operating licence was suspended on February 17 as part of a package of sanctions for social responsibility and money laundering failings. An investigation found serious failings in Triplebet’s approach to anti-money laundering, the monitoring of business relationships and due diligence…

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Singapore to Establish New Gambling Regulatory Authority in 2021

 The HALLO ECHO
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Singapore is set to establish a new Gambling Regulatory Authority (GRA) by 2021 to consolidate and optimise all gambling regulatory resources within a single agency. The GRA will see the current Casino Regulatory Authority (CRA), which oversees Singapore’s casinos, and the Gambling Regulatory Unit, which regulates remote gambling services and “fruit machines,” come under one…

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German Court Orders Suspension of Sports Betting Licensing Process Until Further Notice

 The HALLO ECHO
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  The Darmstadt Administrative Court in Germany has ordered to suspend the nationwide sports betting licensing process until further notice. The move came after an Austrian betting operator, which is not a member of the German Sports Betting Association (DSWV), claimed that the licensing procedure was not transparent and non-discriminatory. “The decision of the court…

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UKGC Suspends Two Operator Licences Over GAMSTOP Participation Failure

 The HALLO ECHO
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  The UK Gambling Commission (UKGC) has suspended the licences of two online operators for failure to fully integrate with the GAMSTOP self-exclusion scheme. All online operators were notified in January that participating in GAMSTOP by 31 March was a requirement of their licence conditions. The decision to suspend the licences of Dynamic, trading as…

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GeoComply Receives License in Colorado

 The HALLO ECHO
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  GeoComply announced that it has received its vendor minor license in a special meeting held by the Colorado Limited Gaming Control Commission. This license will enable sports betting operators in Colorado to utilize GeoComply’s award-winning geolocation compliance solution as a critical part of their online sports betting apps and websites. “We are pleased to…

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UK ASA Bans “Misleading” Ad of Lucky Go Studio

 The HALLO ECHO
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  The UK Advertising Standards Authority (ASA) has banned an ad of Lucky Go Studio after a claimant challenged whether an in-game ad was deceptive owing to unrealistic chances of winning prizes while using the app. The commercial was first seen on 25 November 2019, which was initially shown as an in-play video ad for…

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