Compliance Updates

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

No gambling special session in Florida

 The HALLO ECHO
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It is final. There will not be a special session on gambling in Flordia. The legislators in the state have decided to pass on a proposed special session to discuss gambling despite recent negotiations. There has been pressure on the legislators from Sen Bill Galvano and Rep Jose Oliva to hold a special session to…

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Delaware to reduce casino taxes

 The HALLO ECHO
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The Senate Finance Committee of Delaware Senate has approved the casino relief bill, which proposes to reduce the taxes and fees at the casinos. Senate Bill 144 would reduce the tax almost by a half – from 29.4 per cent to 15 per cent – and do away with the licensing fee. It would also…

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GOCC commission seeks to split PAGCOR

 The HALLO ECHO
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The Governance Commission for Government-owned and Controlled Corporations (GOCC) declared on Wednesday it has suggested the separation of regulatory and commercial functions of Philippine Amusement and Gamong Corp (PAGCOR). The GOCC commission made the suggestion to President Rodrigo Duterte, stateting it was “due to PAGCOR’s conflicting proprietary activities and regulatory functions in which its operation…

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Norway to continue payment restriction for gambling sites

 The HALLO ECHO
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Norway’s government is becoming more protective in the online gambling arena. The government is planning to propose new curbs on payment to international gambling websites. This move for stricter monitoring of online gambling payment processing is to further reduce the competition towards the state-owned Norsk Tipping, which enjoys gambling monopoly, including. Lotteri-og Stiftelsestilsynet, Norwegian Gaming Authority,…

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Denmark legislators move to restrict gambling bonus offers

 The HALLO ECHO
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Jesper Petersen, a Social Democrat MP in Denmark, revealed the legislators’ concern over the spiraling gambling bonus offers. He said in television interview that online gambling sign-up bonus offers, especially those through television promos, were getting out of control. He pointed out that some operators provide bonuses as high as DKK10k (US$1,640). According to Petersen, bonuses…

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Belgium’s Gambling Commission rules against loot boxes

 The HALLO ECHO
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Kansspelcommissie, Belgium’s gaming commission ruled against a few video games and warned millionaire penalties if they’re not adjusted. The threatened operators face fines up to US$2 million if a number of popular video games are not adjusted. The Belgian Gaming Commission calls these loot boxes game of chance, and if these are further exploited, they…

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