Compliance Updates

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

ASA Bans the Adverts of BetIndex and Coral

 The HALLO ECHO
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  Advertising Standards Authority (ASA) has banned the adverts from BetIndex and Coral for being socially irresponsible and encouraging potentially harmful behaviour. A BetIndex video on YouTube featured a representative of The Football Index product describing it as “basically the football stock market, where you buy and sell shares in footballers with real money and…

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MONEYVAL Criticises Malta for Failing to Act Against Financial Crimes

 The HALLO ECHO
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  Anti-money laundering body, MONEYVAL has sharply criticised Malta for inadequately tackling financial crimes, in a report highlighting the risks of banking and online gambling sectors. The report is a setback for the island that has sought to repair its reputation following the murder of a journalist investigating corruption. Moneyval said that the Maltese police…

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EvenBet primed for global expansion with GLI certification

 The HALLO ECHO
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  Key approval follows enhancements made to market-leading poker platform Leading online gaming software developer EvenBet Gaming has received certification from the Gaming Laboratories International (GLI) for its newly enhanced RNG poker platform, paving the way for the company to extend its global reach. The supplier has been granted the certification for its leading poker…

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Michigan Sports Betting Legislation to be Ready by Super Bowl

 The HALLO ECHO
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  Michigan State Rep. Brandt Iden, R-Kalamazoo, an active force behind the drive to legalize sports betting in the state following the U.S. Supreme Court order, has said he aims to complete the legalities by the Super Bowl. He said: “My goal is to have this up and running by the Super Bowl. Casinos are…

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UKGC: £1.8m fine for Silverbond Enterprises

 The HALLO ECHO
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  A land-based casino has received a £1.8m fine, an operator licence warning and had additional conditions added to its licence for social responsibility and money laundering failings. Silverbond Enterprises Limited received the penalties following a Gambling Commission investigation into its Park Lane Club in Mayfair. Social responsibility failings included not recognising the indicators of…

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Norsk Tipping Issues Warning on Local Polls Betting

 The HALLO ECHO
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  Norsk Tipping, the state-owned gambling operator in Norway, has warned against betting on the results of the country’s local elections. The company argues that it encourages manipulation of the polls. Following a warning from the country’s gambling regulator Lotteri-og stiftelsestilsynet (Lottstift) regarding press coverage of odds offered by offshore operators, Norsk Tipping stated it…

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