Compliance Updates

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

Kansspelautoriteit chair René Jansen: ‘Online gambling market will hopefully be open by 1 January 2021’

 The HALLO ECHO
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  The Netherlands Gambling Authority (Ksa) expects the Remote Gambling Act (Wet kansspelen op afstand) to come into effect on 1 July 2020. In that case, licence applications can be processed from that date onwards, so the online gambling market can be open from 1 January 2021. This message was communicated by René Jansen, chair of the…

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Israeli Supreme Court Passes Landmark Verdict on Crypto Exchanges

 The HALLO ECHO
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  The Supreme Court of Israel has ruled that Leumi Bank cannot freeze the cryptocurrency exchange Bits of Gold’s account because of regulatory concerns. The bank, in spite of the court ruling , still maintains its stance against dealing with the exchange. However, the ruling sets precedent for Israeli cryptocurrency firms to legally use traditional…

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Unibet is live in New Jersey

 The HALLO ECHO
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  Kindred has opened its doors in New Jersey under its flagship brand Unibet, marking the global gambling group’s first commercial presence in the U.S. Unibet customers in New Jersey will as of now be able to experience a full range of first-class casino products in a safe and secure environment. Kindred also looks forward to in…

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U.S. District Judge Overturns the Expanded Prohibition on Online Gambling

 The HALLO ECHO
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  U.S. District Judge Paul Barbadoro has ruled that the U.S. Justice Department’s recent move to expand a prohibition on online gambling under a 1961 law only bans sports betting that involves interstate transactions. The decision will be a big relief to operators of interstate lotteries and other internet-based gambling sites who feared that the…

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Loot Box Bill Enters U.S. Senate

 The HALLO ECHO
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  The loot box bill has entered the United States Senate. The bill is called Protecting Children from Abusive Games Act, and the full text of the law has also released. The bill is 18 pages long and give information about what a loot box is, and how it takes advantage of players, notably younger…

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Arkansas Receives Four New Casino Applications on the Deadline

 The HALLO ECHO
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  Four new applications have been submitted on the deadline date for casino licence in Arkansas. The state has received applications for a Pope County casino from the Cherokee Nation, Tri-Peaks Entertainment Group LLC, Robert and Ruth Kehl Family and the Choctaw Nation. The state had previously received an application from Gulfside Casino Partnership. Only…

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