Compliance Updates

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

Lithuanian Gaming Control Authority slaps fine on casino group on law violators

 The HALLO ECHO
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  The Lithuanian Gaming Control Authority has imposed a fine of 495,000 euros on Olympic Casino Group Baltija, the Lithuanian subsidiary of Estonia’s Olympic Entertainment Group, the Baltics’ largest gaming operator. The fine is imposed for serious violations of the Law on the Prevention of Money Laundering and Terrorist Financing. The company failed to additionally…

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Belarus legalises online gambling

 The HALLO ECHO
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  The government of Belarus has legalized online casinos. The document related to this was signed by President Alexander Lukashenko back in August 2018. As per the document, online casinos became a legalized entity in Belarus from April 1. The decree has also changed some rules for all type of gambling. Gambling is now available…

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Following a warning from the UKGC two major high street bookmakers have removed products

 The HALLO ECHO
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  Products recently launched in high street bookmakers Paddy Power Betfair and BetFred have been pulled following a warning from the Gambling Commission and the operators could still now face regulatory action as the Commission continues to investigate. A third bookmaker who was poised to launch a new product, which has been reported in the media, has…

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KSA imposes a €310k penalty on Casumo

 The HALLO ECHO
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  Kansspelautoriteit (KSA), Netherlands’ regulatory body, has imposed a penalty of £310k on Casumo Services Ltd. for offering online games of chance to its Dutch customers despite it not getting legal status or required approvals from the government. Casumo has been under the radar of regulators over the past few months. Last year, the UK…

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Buenos Aires legalises online gambling

 The HALLO ECHO
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  The provincial government of Buenos Aires has approved a decree that would allow the province to legalise online gaming and betting services. The new bill authorizes the provision of online slots and other casino games, lotteries, betting on virtual sports, betting on horse races, as well as sports betting and betting on non-sporting events.…

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Lottoland Granted Two Licences In South Africa

 The HALLO ECHO
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  World leading online lotto operator Lottoland is pleased to announce that they have been granted two licences by the South African Western Cape Gambling and Racing Board: a bookmakers license to offer fixed odds betting contingencies to South African consumers, and a manufacturing license to develop and use our own software for business operations.…

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