Compliance Updates

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

UK Gambling Commission penalty imminent for Stride Gaming

 The HALLO ECHO
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  Stride Gaming, the UK-based online gambling company, is bracing for a hefty fine from the UK Gambling Commission (UKGC). The fine is expected to be around GBP 4 million. The reason for the fine is still not clear. The Commission has basically found faults with Stride’s functioning after a review of Stride’s activities. The…

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MGA – Treatment of Intermediaries under the new Gaming Act

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  The Malta Gaming Authority hereby notifies its licensees and the general public that with the coming into force of the new Gaming Act (Cap. 583 of the Laws of Malta), the regulatory treatment of what previously used to be called ‘intermediaries’ is to be assessed in light of the Gaming Authorisations Regulations (S.L. 583.05)…

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Peru to legalise sports gambling

 The HALLO ECHO
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  Peru is on the verge of legalising sports betting. Bill 3397/2018-CE, has been introduced in the parliament of the country by Percy Eloy Alcala Mateo of the Fuerza Popular party to make this happen. The bill has comprehensive proposals covering all the aspects of sports wagering. One of the bill’s proposals is that sportsbooks…

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Armenia toughens stance against legal gaming

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  Nikol Pashinián, the prime minister of Armenia, has voiced his concerns about the “social problems in village communities” that the growing gambling activity in the country causes. He urged that “these devices should simply be removed.” “How should we organise this in order for us to truly solve this problem accurately, this is a…

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DC Council member introduces sports betting bill

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  In a significant development in the US state of District of Columbia (DC), a council member Jack Evans has introduced the Sports Wagering Lottery Amendment Act of 2018 in the council. The bill is aimed at legalising sports betting in the state. Evans presented the bill during the Council of the District of Columbia’s…

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GiG offers PAY N PLAY option to operators to enhance UX and compliance

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  Gaming Innovation Group Inc. (GiG) now offers an instant registration and payment option for its operators using Trustly’s Pay N Play system. The system allows players to optionally register and pay through their online banking accounts in Sweden and Finland, with Germany soon to be offered. The simple system will allow GiG’s customers to…

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