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ASA Bans 7 Crypto Ads in the UK

 The HALLO ECHO
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  UK advertisements watchdog has banned seven cryptocurrency ads by categorising them as “red-alert priority”. The banned ads include ones by Coinbase and Papa Johns. The Advertising Standards Authority (ASA) said its rulings follow proactive monitoring of cryptoasset ads, and form part of a wider project that will eventually shape specific guidance around advertising these…

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CASINO EMPLOYEE SACKED FOR BORROWING CASH FOR GAMBLING

 The HALLO ECHO
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  A gaming manager at The Star was sacked and banned from the casino for borrowing cash from her employees to fund her gambling habit. The Casino Special Employee, Minh Nguyen, used her position as an assistant gaming manager to borrow thousands from her staff, some of which was not paid back. Independent Liquor & Gaming Authority Chairman Phillip Crawford said it was a matter of integrity when an employee abuses a position where…

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Bragg Gets Approval to Acquire Spin Games

 The HALLO ECHO
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  Bragg Gaming Group has announced that it has received all required regulatory approvals to complete its acquisition of Spin Games LLC (Spin Games), which it now expects to occur in early 2022. Bragg also provided an update on its continued operating progress through its recent expansion into the Netherlands. Yaniv Spielberg, Chief Strategy Officer…

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UKGC Imposes £780,000 Fine on Buzz Group

 The HALLO ECHO
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  Buzz Group, which operates buzzbingo.com, has been fined £780,000 by the UK Gambling Commission for failures relating to social responsibility and anti-money laundering procedures. Buzz Group also received a formal warning for the failures which occurred between October 2019 and December 2020. Social responsibility failures included: financial triggers not sufficiently identifying at-risk players as…

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POKER MACHINE MONEY LAUNDERING INQUIRY

 The HALLO ECHO
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  The Commissioner of the NSW Crime Commission, Michael Barnes, invited submissions to the Commission’s inquiry into money laundering in pubs and clubs. “Working with the NSW Independent Liquor & Gaming Authority and the Australian Criminal Intelligence Commission, we’ve established that last year $85 billion was gambled in poker machines in pubs and clubs in…

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Stake.com’s UK operation now live

 The HALLO ECHO
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Fast-growing global cryptocurrency betting & gaming operator & Watford FC principal sponsor’s UK B2C platform launched on stake.uk.com Stake, one of the world’s fastest-growing cryptocurrency betting & gaming operators and principal sponsor of Watford FC have ramped up their global expansion with the launch of UK-licensed website, www.stake.uk.com Since launch in 2017, Stake has grown…

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