Compliance Updates

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

Paul Newson appointed as IAGR president as IAGR2019 wraps up in Jamaica

The HALLO ECHO

  The International Association of Gaming Regulators (IAGR) has appointed Paul Newson, Trustee of the NSW Responsible Gambling Fund, as President as part of IAGR’s 2019 annual conference, held in Jamaica from 30 September to 3 October. The event – IAGR2019 – attracted over 200 gaming regulators, advisors, law experts and industry representatives from more…

read more

Swedish Court Reduces Casino Cosmopol’s AML Penalty

The HALLO ECHO

  Sweden’s Administrative Court has reduced the penalty issued to Casino Cosmopol in 2018 from SEK8m to SEK3m. The fine was issued by Lotteriinspektionen in relation to systematic deficiencies in Casino Cosmopol’s policies related to money laundering and terrorist financing in November 2018. Casino Cosmopol submitted an appeal against this in December 2018, which was…

read more

MGA publishes Guidelines on the Impact of the UK’s Exit from the European Union

The HALLO ECHO

  The Malta Gaming Authority is publishing a guidance note on the impact of the UK’s Exit from the European Union in consideration of the United Kingdom’s exit from the European Union. The contents of the guidance note relate solely to regulatory affairs within the remit of the MGA, and operators should also be aware of ulterior…

read more

iSoftBet awarded Malta B2B supplier licence

The HALLO ECHO

  More than 100 proprietary games certified – all new titles to be offered to tier one brands in rapidly growing jurisdiction  iSoftBet, the leading online and mobile casino content provider, has been awarded a B2B software licence from the Malta Gaming Authority (MGA) enabling it to offer more than 100 of its best performing…

read more

GiG awarded ISO 27001 certificate on Core platform and data warehouse

The HALLO ECHO

  Gaming Innovation Group, Inc (GiG), has achieved ISO 27001 certification for the second year running. It covers development, infrastructure, network configuration and associated product operations for Gaming services hosted on the GiG Core platform. On top of this, the GiG team has also achieved a new accreditation for their data warehouse, which is used to…

read more

UKGC Imposes £322,000 Fine on Betfred for Money Laundering Failures

The HALLO ECHO

  The UK Gambling Commission (UKGC) has imposed a fine of £322,000 on online gambling operator Petfre, trading as Betfred, for money laundering failures. An investigation by the Gambling Commission revealed that the operator failed to carry out adequate source of funds checks on a customer who deposited £210,000, and lost £140,000, of stolen money…

read more