Compliance Updates

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

Nevada Gold & Casinos Receives Notice of Non-compliance from NYSE American LLC

 The HALLO ECHO
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  Nevada Gold & Casinos, Inc. announced that the Company has received notice from NYSE American LLC that the Exchange has determined that the Company is not in compliance with Section 704 of the NYSE American Company Guide due to the Company’s failure to hold an annual meeting during the fiscal year ended April 30,…

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Monopoly Casino Advert Faces ASA’s Ban

 The HALLO ECHO
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  The Advertising Standards Authority has banned an online casino advert of Monopoly Casino, after finding that it breached their code. Monopoly Casino is owned and operated by Entertaining Play Limited. The banned advert features Monopoly’s familiar cartoon mascot Rich Uncle Pennybags, was deemed by the ASA to appeal to children, which in turn goes…

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Kenya Introduces New Gambling Ads Regulations

 The HALLO ECHO
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  Kenya has introduced new gambling regulations which include banning advertising outdoors and on social media. Investors and betting firms have time until June 30 to comply with the new regulations. Under the new rules, any gambling advertising will need approval by the regulator and will be required to contain a warning message which must…

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UKGC: New age and identity verification rules – changes to the LCCP from Tuesday 7 May

 The HALLO ECHO
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  New rules come in on Tuesday 7 May surrounding age and identity verification procedures for online operators. These new rules follow an open consultation and aim to ensure operators verify customers’ age and identity details quickly and robustly. The changes to LCCP will affect remote betting and gaming operators, and some remote lotteries. They…

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Playup Fined For Offering Illegal Gambling Inducements

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  Betting operator PlayUp Interactive Pty Limited has been convicted and fined $7,500 after being found guilty of communicating illegal inducements to gamble, following an investigation by Liquor & Gaming NSW. PlayUp pleaded guilty to breaching NSW gaming laws in Downing Centre Local Court on 30 April, and in addition to the fine was ordered…

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Association of Gaming Equipment Manufacturers (AGEM) Hails Passage of Assembly Bill 221 That Expands Nevada’s Gaming Technology Workforce

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  The Association of Gaming Equipment Manufacturers (AGEM) announced the passage by the Nevada Legislature of Assembly Bill 221 that expands the state’s technology and manufacturing workforce by giving those 18 to 20 years legal status as a “gaming employee” working for slot machine, systems, table game and component suppliers. Previously, Nevada statute prohibited any…

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