Compliance Updates

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

UKGC: new licence conditions for Casino 36, with money laundering and social responsibility failures

 The HALLO ECHO
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  Personal management licence holders at Casino 36 must undertake extra training as part of a £300,000 penalty package for money laundering and social responsibility failures. A UK Gambling Commission investigation revealed the operator had failed to ensure adequate customer Enhanced Due Diligence (EDD), Source of Funds (SOF) and Source of Wealth (SOW) checks were…

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GiG suspends sports betting on Rizk and Guts, challenging the Swedish regulator for clarification on the gambling law

 The HALLO ECHO
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  Gaming Innovation Group Inc. (GiG) has proactively chosen to temporarily suspend its sportsbook on inhouse brands Rizk and Guts in Sweden pending clarification from the Swedish Gambling Authority (SGA) with respect to the interpretation of some elements of the Swedish gambling regulation. The sportsbook is only suspended in the Swedish market with its own brands,…

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Coljuegos Approves eCOGRA as Independent Testing Laboratory

 The HALLO ECHO
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  Coljuegos, the online gambling regulator in Colombia, has approved eCOGRA as an independent testing laboratory. This follows the recent approval from IPLyC, which enables eCOGRA to test and certify online platforms and games. Shaun McCallaghan, chief executive at eCOGRA, said that it was the end product of close liaison and hard work by his…

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Malaysian Government to Update Gambling Laws

 The HALLO ECHO
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  The Malaysian government is going to amend the existing gambling laws in the country. News about the gambling law amendment emerges shortly after the police announced more than 14,700 individuals have been detained and more than MYR3.8 million was seized in raids against illegal gambling since the beginning of the year. Home Minister, Muhyiddin…

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Altenar continues regulated market push with UK licence

 The HALLO ECHO
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  Leading sportsbook provider Altenar plans to further expand its presence in regulated markets after becoming licensed by the UK’s Gambling Commission. As well as obtaining a gambling software licence, the company has also been granted host licences for real and virtual sports. The combination of authorisations will allow it to offer both its software-only…

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Aristocrat Claims Breach of Intellectual Property Law Against Ainsworth

 The HALLO ECHO
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  Aristocrat Technologies has lodged proceedings in the Federal Court against Ainsworth Game Technology, alleging the breach of intellectual property law. Aristocrat claimed that Ainsworth stole the designs to one of its most successful slot machines. The dispute centres on the technology which Aristocrat developed for its popular Lightning Link machine, which it alleges was…

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