Compliance Updates

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

Malta Gaming Authority Publishes Directive on the Calculation of Compliance Contribution

 The HALLO ECHO
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The Malta Gaming Authority hereby notifies its licensees and the general public that in pursuant to article 7(2) of the new Gaming Act (Cap. 583 of the Laws of Malta), it is issuing the Directive on the Calculation of Compliance Contribution (found here) as a binding instrument in order to clarify the manner in which…

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Italian Parliament approves gambling ad ban

 The HALLO ECHO
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The Italian Parliament has approved by a majority of 30 votes the proposal to ban all forms of gambling-related advertising and sports sponsorships starting from the start of next year. With 155 voted in favour, 125 against and one abstained, the Senate approved the Dignity Degree, which will make the path clear for the new…

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Belarus makes online gambling legal

 The HALLO ECHO
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Alexander Lukashenko, the president of Belarus, has signed the order that legalises online gambling in the country. The new decree sets in motion a new system of licensing and taxation of online activities in the country. The Decree №305 also defines the requirements and conditions to conduct online gambling in the country. Those companies interested…

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UK’s Gambling Commission publishes tougher ad rules

 The HALLO ECHO
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The UK’s Gambling Commission has released a new set of updated rules regarding advertising, which are more stringent and tougher than the older set of rules. The commission said that the new set of rules “provide stronger protection for consumers and ensure they are treated fairly by gambling businesses.” The new rules are set to…

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Russia unveils new law to punish illegal gambling

 The HALLO ECHO
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According to the Russian President Vladimir Putin has signed a new law that would slap stringent punishment for unlawful organisation of gambling. According to the new law, bill, persons who conduct gambling in betting organisations outside special zones or who provide premises for unlawful gambling could receive fines up to 500,000 rubles (US$7,950) and two-year…

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Law Commission of India backs gambling in Bitcoin

 The HALLO ECHO
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The Law Commission of India has recently submitted its 276th report to the Union Minister of Law and Justice, Ravi Shankar Prasad. One of its recommendations is to legalise gambling, especially through Bitcoin. The recommendation has created bit of a storm in the country, with political parties and activists expressing their strong protests. It must…

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