Industry News

IGDA asks gaming industry to sort out loot box issue before government intervention

The HALLO ECHO

  Jen MacLean, executive director of the International Game Developers Association (IGDA), has urged the leaders of the games industry to take action on loot boxes before governments come up with legislation against them. She noted on her blog: “Earlier this week, the United States Federal Trade Commission agreed to investigate loot box monetisation and…

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UK Gambling Commission welcomes launch of new application service for Personal Functional Licence

The HALLO ECHO

  UKGC happy to announce an improved online personal functional licence application service is available from 4 December 2018. The service gives applicants an efficient, streamlined and improved service. It follows the in line with the GOV.UK design, making it quicker and easier to submit an application. Supporting this new application service will be an…

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Truegame strengthens its positions by acquiring Curaçao Gaming License

The HALLO ECHO

  Truegame -a fully implemented blockchain-based iGaming platform announced obtaining of Gaming License of Curaçao.   A smart contract based iGaming platform Truegame has proudly announced acquiring of its first license – a Gaming License under the jurisdiction of Curaçao. The team considers this step to be one of the most significant milestones in the…

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UK Gambling Commission takes widespread regulatory action

The HALLO ECHO

  Online casino companies and their senior management have faced widespread action from the gambling regulator, as part of an ongoing investigation into the way the industry combats problem gambling and money laundering. Nearly £14m in penalty packages will be paid by three companies as result of their failings to put in place effective safeguards to…

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Aspire Global obtains sports gaming license in Ireland

The HALLO ECHO

  Aspire Global, the Malta-based provider of iGaming solutions, has obtained iGaming license for its sportsbook in Ireland, raising the company’s number of licenses in the portfolio to seven. It is soon likely to become eight, when it completes the formalities for the upcoming Swedish license. The Irish sports betting authority issued the iGaming license…

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Square Enix withdraws three mobile games in Belgium after ban of loot boxes

The HALLO ECHO

  Square Enix has removed three of its mobile games in Belgium after the loot box ban in the country. Mobius Final Fantasy, Kingdom Hearts Union X and Dissidia Final Fantasy Opera Omnia are the removed games. The company said the withdrawal is because of “the present uncertain legal status of ‘loot boxes’ under Belgian…

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