Compliance Updates

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

Gaming Commission Approves Sports Betting in New York

 The HALLO ECHO
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  The New York State Gaming Commission has unanimously approved in-person sports betting at four upstate casinos. The formal approval makes New York the 14th state to legalise betting. The four upstate casinos are Resorts World, Rivers Casino, Tioga Downs and Del Lago. Sports leagues, which have been lobbying to get states to pass their…

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Lottoland Sues ACMA Over Jackpot Betting

 The HALLO ECHO
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  Lottoland, the Gibraltar based online gambling company, has launched legal action against the federal government for allegedly infringing the gambling laws. This all begins when the Australian Communications and Media Authority (ACMA) made investigation on Lottoland’s jackpot betting and revealed “Several Lottoland online jackpot betting services were games of chance which are prohibited. These…

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Swiss Federal Council Grants Licence for Online Casino Luzern

 The HALLO ECHO
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  This summer, Grand Casino Luzern is going online. The Swiss Federal Council has given the green light, issuing the licence for the Online Casino Luzern. With mycasino, the classic casino experience meets the new online world in a unique way. The online casino from Lucerne offers Switzerland an attractive experience with high protection for players.…

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Alabama Regulates Daily Fantasy Sports

 The HALLO ECHO
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  The US state of Alabama has regulated and legalised daily fantasy sports (DFS) again. The state has imposed a tax on DFS as well. This is a significant move, as the state banned DFS activity about three years ago, forcing companies like FanDuel and DraftKings to shut down their business in the state. Alabama…

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Kansspelautoriteit chair René Jansen: ‘Online gambling market will hopefully be open by 1 January 2021’

 The HALLO ECHO
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  The Netherlands Gambling Authority (Ksa) expects the Remote Gambling Act (Wet kansspelen op afstand) to come into effect on 1 July 2020. In that case, licence applications can be processed from that date onwards, so the online gambling market can be open from 1 January 2021. This message was communicated by René Jansen, chair of the…

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Israeli Supreme Court Passes Landmark Verdict on Crypto Exchanges

 The HALLO ECHO
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  The Supreme Court of Israel has ruled that Leumi Bank cannot freeze the cryptocurrency exchange Bits of Gold’s account because of regulatory concerns. The bank, in spite of the court ruling , still maintains its stance against dealing with the exchange. However, the ruling sets precedent for Israeli cryptocurrency firms to legally use traditional…

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