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Peru President Signs Betting and iGaming Bill into Law

 The HALLO ECHO
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  Peru’s president Pedro Castillo has officially legalized sports betting and online gaming, after the country voted for the move last month. The law received 91 votes in favor at Peru’s Congress last month. There were no opposing votes. The law was then signed and published in Peru’s official newspaper, El Peruano, last week. It…

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MLB Announces its Support for California’s Online Sports Betting Initiative

 The HALLO ECHO
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  Major League Baseball (MLB) announced its support of an initiative that would authorize online sports betting in California, becoming the first major sports league to take sides in the high-stakes battle between bookmaking giants and the state’s powerful tribal gaming operators. Two primary sports betting initiatives are on the November ballot. Proposition 26 would…

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Gauselmann Group Granted Licence for Virtual Slots in Germany

 The HALLO ECHO
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  The Gauselmann Group is one of the first providers to be granted a licence to operate virtual slot-machine games in Germany. Since the beginning of August, the Eastern Westphalian company has been authorised to offer its popular and successful slot-machine games online in Germany under the domain www.merkur-spiel.de and thus legally provide first-class gaming…

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Spinomenal secures B2B UKGC licence

 The HALLO ECHO
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  Spinomenal, the leading iGaming content provider, has secured its B2B licence from the UKGC to open further opportunities within one of the world’s premium markets. Spinomenal’s rich roster of slot games is now readily available for UK operators, which includes Lucky Jack – Lost Jungle, Wolf Fang, Demi Gods III as well as the…

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Smarkets Fined £630,000 for AML and Social Responsibility Failings

 The HALLO ECHO
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  The UK Gambling Commission (UKGC) has handed a £630,000 fine to betting exchange Smarkets after identifying a series of anti-money laundering and social responsibility failings, including letting a player deposit a six-figure sum without appropriate checks. According to UKGC, Smarkets allowed customers to gamble without carrying out sufficient source-of-funds checks, while the operator was…

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The role of tech in compliance

 The HALLO ECHO
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  The development of tech is an important part of compliance, and Compliable is at the forefront of recent advances and how it can aid regulators. Compliable’s CEO, Chris Oltyan, discusses upcoming enhancements to the Compliable platform from a tech perspective The gambling industry is heavily reliant on tech in product development, is tech however…

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