Compliance Updates

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

Ukraine exempts poker from anti-gambling laws

The HALLO ECHO

Ukrainian government has re-inducted poker into the list of national sports, thereby exempting it from the purview of anti-gambling legislation. In the the newly published Register of Recognized Sports from the Ministry of Youth and Sport of Ukraine, in Document 3780, Poker is one  of the entries. Poker was removed from the list of bnational…

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NBA 2K loot boxes cleared in Belgium

The HALLO ECHO

2K Games has issued a press release that the in-game purchases system in NBA 2K loot boxes has been declared  to comply with Belgian gambling laws. “Specifically, we will be turning off the ability to purchase packs with premium (non-earned) currency/[Virtual Currency],” reads a 2K statement. “Gamers are still able to acquire packs with MyTeam…

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LeoVegas pursues Spanish gambling license Spain licence after Sweden application

The HALLO ECHO

LeoVegas, a Sweden-based casino company, has started pursuing a casino license in Spain. The company has already applied for a new licence in Sweden. Philip Doftvik, head of corporate finance and investor relations at LeoVegas, said that the company “welcomes” regulation in Sweden and that it has been “looking forward” to applying for a licence…

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Gaming Labs agrees to pay fine

The HALLO ECHO

Gaming Laboratories International (GLI), a New Jersey-based company that tests and certifies gambling products, has agreed to pay the hefty fine imposed by Nevada Gaming Commission (NGC). The fine, amounting to $125,000, was issued as a disciplinary action over violating the regulations while testing  and certifying a product developed by a company called Interblock. Interblock’s…

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California could legalise sports betting in 2020 ballot

The HALLO ECHO

Alex Padilla, Secretary of State in California, has said that the processes to include sports betting legalisation on the 2020 ballot in California has been started. Russell Lowery, a political consultant, is pushing the proposal. The proposal would require 585,407 signatures collected by February in order to get included on the 2020 election ballot. It…

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Novomatic obtains Granada license

The HALLO ECHO

Novomatic, the Austria-based international gambling company, has obtained casino license in Granada, Spain. The license will allow the company to operate a casino for the next 15 years. The new casino is expected to generate 200 new direct jobs and. The authorities are happy to co-operate with the new project as the new facilities will…

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