Compliance Updates

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

Spain forms new regulatory board to manage the surging online gaming sector

 The HALLO ECHO
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  Spain has appointed an advisory board comprising industry experts in the gaming industry with the aim of formulating the country’s responsible gaming strategy. Spain’s official regulatory body, the Dirección General de Ordenación del Juego (DGOJ), has established the Consejo Asesor del Juego Responsible (CAJR), which would support the regulator in the development, execution and…

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Japan’s Loot Boxes face bleak future

 The HALLO ECHO
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  The increasingly stringent regulations over loot boxes all over the world are having their impact on Japanese gaming industry. Japan’s gaming industry, the global leader in the electronic gaming industry for nearly five decades, is facing the heat following the global clamp down against loot boxes. Japan’s game makers have pioneered the practise of…

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New Law for Gambling Zone Investors comes into force in Russia

 The HALLO ECHO
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The Russian government has adopted a new legislation for gambling zone investors in the country. According to the new law, if a gambling zone is closed or its borders are changed before the expiration of 10 years from the date of its creation, the actual damage suffered by the business will be refunded to investors.…

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Gaming Innovation Group awarded two Swedish licences

 The HALLO ECHO
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  Gaming Innovation Group Inc. (GiG) has been awarded two licences in the Swedish market. One licence will be used for its inhouse brands (Rizk, Guts, Highroller, Thrills, Kaboo and Betspin) and the other licence will be offered to its external customers. The new Chairman of the Board, Petter Nylander, is one of the pioneers…

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EU Court again pronounces clear ruling on lottery regulation

 The HALLO ECHO
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  Ruling in the Italian ‘Stanleybet’ case: Exclusive concessionaire model for the management of a lottery is compatible with EU Treaty, multiple operators would increase risk for gambling addiction. The Court of Justice of the European Union (CJEU) delivered its judgment in the C-375/17 Stanley International Betting and Stanleybet Malta case. The Court ruled that…

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Bethard receives gaming license in Ireland

 The HALLO ECHO
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  Less than a week after obtaining its Swedish gaming licence, Bethard is announcing yet another national licence. The Irish Revenue Department has granted Bethard Group a remote bookmaker’s licence. Bethard has thus secured five national gaming licences in Europe. The company is expecting further licences in 2019. ”We are moving forward at an exceptional…

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