Gaming

UK Will Not Ban Video Games Loot Boxes Despite Problem Gambling Findings

 The HALLO ECHO
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  Loot boxes in video games will not be banned in the UK, despite a government consultation finding evidence of a “consistent” association between the features and problem gambling. Loot boxes have attracted comparison with gambling because they allow players to spend money to unlock in-game rewards, such as special characters, weapons or outfits, without…

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Spanish Government to Introduce Bill to Regulate Loot Boxes in Video Games

 The HALLO ECHO
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  The Spanish government, through the Department of Consumer Affairs, has announced that it will present a bill to regulate video game loot boxes, which the Department compared to games of chance, in order to avoid addictions such as compulsive gambling and to preserve the health of players. If approved, it would be the first…

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Portuguese Regulator Approves Crash Games

 The HALLO ECHO
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  Portugal’s regulator has approved a draft regulation that will allow crash games to be played in the country. Portugal’s Gaming Regulation and Inspection Service (SRIJ) announced the approval on May 19. It took effect on May 20, with the country’s Legal Regime for Online Gaming and Betting amended to include crash games in the…

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Pace-O-Matic Files Lawsuit Against Pennsylvania Bureau of Liquor Control Enforcement

 The HALLO ECHO
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  Pace-O-Matic, which powers Pennsylvania Skill games, filed a lawsuit in Commonwealth Court against the Pennsylvania Bureau of Liquor Control Enforcement (BLCE), alleging it engaged in coordinated harassment against Pennsylvania Skill operators and location owners where these legal skilled games are played. The company is seeking to permanently block BLCE from targeting Pace-O-Matic (POM) games…

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Chinese Gaming Stocks Jump as Regulator Approves New Titles After Months-long Freeze

 The HALLO ECHO
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  Chinese regulators have approved the first batch of video games for monetisation since last July, ending a freeze that has hurt some of China’s largest technology firms. US-listed shares of NetEase, one of China’s biggest gaming companies, were up more than 4% in early trade Monday while live-streaming companies Bilibili, Huya and DouYu also…

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Social gaming disruptor PickGuru is granted a UK Gambling Commission licence and announces TikTok executive to lead the business

 The HALLO ECHO
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  PickGuru, a brand new social gaming platform, announced that it has secured a UK Gambling Commission (UKGC) licence. They also confirm the appointment of TikTok executive Olly Roland-Jones as chief executive officer (CEO). The platform allows friends and fans to challenge and compete with each other in a wide range of live and engaging…

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