Compliance Updates

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

Norway’s Lottstift Warns Newspapers

 The HALLO ECHO
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  The Norwegian gambling regulator Lotteri-og stiftelsestilsynet (Lottstift), has issued a warning which targets the local newspapers. The regulator said that many Norwegian newspapers included in their articles odds offered by unlicensed operators, which is illegal. According to local laws, in order to protect Norwegian gamblers, those companies are not allowed to market or offer…

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EveryMatrix comments on UKGC B2C review

 The HALLO ECHO
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  Following a Compliance Assessment of the EveryMatrix B2C activity in the UK, the UK Gambling Commission raised concerns related to how the company manages the customer interactions. This led to a suspension of the EveryMatrix’s B2C licenses until the company can demonstrate to UKGC that it has taken steps to be fully compliant with…

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MGA launches Phase 2 of its Sandbox Regulatory Framework

 The HALLO ECHO
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  Following the implementation of the first phase of the Sandbox Regulatory Framework as of 1 January 2019, which established the possibility for authorised persons to be allowed to accept Virtual Financial Assets (VFAs) as a means of payment, the Malta Gaming Authority (MGA) is announcing the launch of the second phase of the Framework. During this…

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Macolin Convention Enters into Force

 The HALLO ECHO
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  The Council of Europe (CoE) has announced that the Macolin Convention entered into force. Macolin Convention sets out a legal framework to tackle match fixing in sport, as well as creating legal definitions for issues such as conflicts of interest and illegal betting. The Treaty will first establish a new Convention Follow-up Committee. This…

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Evolution Gaming secures Pennsylvania Gaming Control Board license for further US growth

 The HALLO ECHO
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  Evolution Gaming, leading provider of Live Casino solutions, has announced that it has secured its conditional Interactive Gaming Manufacturer license from the Pennsylvania Gaming Control Board (PGCB). This means that Evolution now has approval to deliver Live Casino services on behalf of gaming operators from its planned live studio in the state. Evolution Gaming…

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Chinese Court Seizes Bank Accounts of Boyaa Interactive

 The HALLO ECHO
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  A Chinese court has seized the bank accounts of Boyaa Interactive in the wake of its Chairman and CEO being sentenced to prison last September. Zhang Wei was handed a 12-month jail term last year and resigned from Boyaa after the Municipal of Intermediate People’s Court found one of the company’s indirect subsidiaries, Boyaa…

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