Compliance Updates

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

Government of UK extends guidance to the Gibraltar-based business stakeholders

 The HALLO ECHO
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Following UK’s withdrawal from the EU, the government of UK extended their guidance to the  Gibraltar-based business stakeholders, for almost a year.  And the government of  United Kingdom released a statement with regard to Gibraltar’s financial services firms’ access to local markets until 2020. The British government is very much keen on assuring that the Gibraltar…

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Pier Paolo Baretta calls for Italy to cling to the terms of the shared online poker liquidity agreement 

 The HALLO ECHO
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Making himself loud and clear in an interview with GiocoNews, Pier Paolo Baretta, the outgoing Undersecretary of State at the Italian Finance Ministry affirmed earlier this week, that Italy should apply the terms of the shared online poker liquidity agreement it signed with France, Spain, and Portugal in Rome, last summer. Clinging to his,  responsibility of gambling…

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Australia Adds Loot Boxes to New Online Gambling Safety Guidelines

 The HALLO ECHO
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The Australian government has further weighed in on the subject of loot boxes in games by referencing the randomized loot purchase in a series of “online gambling” guidelines. Australia’s guidelines for loot boxes can be found on the Office of the eSafety Commissioner’s site, a government office that includes information on “helping all Australians have safe,…

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The Congress of Japan finally addressing the IR implementation bill will determine the trajectory of the casino industry

 The HALLO ECHO
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The IR Implementation Bill is currently under the consideration of the Congress of Japan. Addressing of the IR Implementation Bill by the Japanese Congress finally will determine the trajectory of the casino industry in the nation. Investors all around the world are looking forward to the regulation on the Japanese market as it is estimated…

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Brussels Regulatory Brief by K&L Gates: March 2018

 The HALLO ECHO
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Antitrust and Competition Another transaction in the technology sector referred to the European Commission for its review The European Commission (“Commission”) is yet again set to review a transaction in the technology sector which does not meet the EU merger notification thresholds but that is likely to have cross-border effects in the EU. On 6…

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The government of Bermuda likely to give a nod of yes to new casino regulation

 The HALLO ECHO
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The Parliament of Bermuda is busy with the mooting of a casino legalisation. In view of this, the government of the island of Bermuda might give a nod of yes to new casino regulation. With the Tourism Minister, Jamahl Simmons striving for the approval of the law, the British Overseas Territory of Bermuda Island could…

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