Compliance Updates

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

Sweden postpones licensing process to 1 August

 The HALLO ECHO
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The Swedish government has moved closer to establishing new igaming regulations, as it completed the submission of secondary legislation to the European Commission (EC). According to Nordic Gambling, the legislation features rules that cover the whole spectrum of igaming, such as licensing, international cooperation, responsible gambling, supervision and fees. The legislation also includes confirmation that…

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Japan to slap 30% tax on casinos

 The HALLO ECHO
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The Japanese government is all set to impose a 30 per cent tax for casino resorts in the country’s cities. The proposal put forward by the ruling coalition of Liberal Democratic Party and Komeito party on matters relating to integrated resorts in Japan suggests 30 per cent tax for casino operations. The proposals also limit…

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June 4th will be the online gaming licensing date in PA

 The HALLO ECHO
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In a significant new development, The Pennsylvania Gaming Control Board (PGCB) has fixed June 4th as the starting date for the submission of Interactive Gaming License applications. The new announcement of PGCB says that all operators who want to offer any sort of online gaming platforms in the state can submit their Interactive Gaming License…

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UKGC comes up with new guidelines on spending limits and age verification

 The HALLO ECHO
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The United Kingdom Gambling Commission (UKGC) publicised new guidelines on spending limits and age verification as a part of making gambling safer in the UK.  Enhancing the speed and effectiveness of age verification processes, ensuring operators set limits on consumers’ spending until affordability checks have been conducted and protecting children by banning operators from providing free-to-play…

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Canadian provinces to reduce the number of VLTs owing to slower than expected revenue growth

 The HALLO ECHO
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A 2018-2019 business plan released by the Nova Scotia Provincial Lotteries and Casino Corporation (NSPLCC) on Thursday disclosed the goals of the corporation, as well as the status of the revenue growth acquired in the past year. Owing to slower than anticipated revenue growth from video lottery terminals (VLTs) in the fiscal year 2017-2018, the…

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Constitutional Court of Belgium invalidates a 2016 constitutional amendment which calls for gambling operators to pay 21% VAT

 The HALLO ECHO
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The Constitutional Court of Belgium invalidated a 2016 constitutional amendment on Thursday which called for online gambling operators to pay a 21% value-added tax on their Belgian operations. The online gambling market was regulated by Belgium in the early 2010 when amendments to the Gaming and Betting Act of 1999 were publicised in the Belgian Official Gazette.…

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