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The MGA Issues Interim Performance Report for January – June 2022

 The HALLO ECHO
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  The Malta Gaming Authority has released its Interim Performance Report for the period between January to June 2022. A review of the Authority’s accomplishments for the first half of 2022 is provided in the report, together with a description of the Maltese gaming industry’s performance over the same period. The latter provides a medium-term…

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Cambodia Implements New Taxation Regime for Commercial Gambling Establishments

 The HALLO ECHO
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  Cambodia has started to implement a new taxation regime on commercial gambling establishments, on a self-declaration basis. The new regime encompasses a revenue-based tax rule and procedures, following a lump sum-based regime which had been in place for decades. The gambling establishments are also required to follow the International Financial Reporting Standards, governing how…

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HappyBet’s Sportsbetting Licence Renewed Until 2027

 The HALLO ECHO
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  The Darmstadt Regional Council has extended HAPPYBET’s license for sports betting in Germany until 2027. HAPPYBET is a betting brand with around 90 employees, four locations and 130 acceptance points in Austria and Germany. “One of HAPPYBET’s strengths and the engine of its growth is its affiliation with Snaitech. This established group has been…

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India: MeitY Releases Draft Amendments to the IT (Intermediary Guidelines & Digital Media Ethics Code) Rules, 2021 in Relation to Online Gaming

 The HALLO ECHO
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  The Ministry of Electronics and Information Technology released draft amendments to the IT intermediary rules 2021, pertaining to Online Gaming for public consultations. The draft has been prepared to ensure that online games should be offered in conformity with Indian laws and that the users of such games be safeguarded against potential harm. On…

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Penn Sports Interactive Receives Massachusetts Licence

 The HALLO ECHO
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  Penn Sports Interactive and its Barstool Sportsbook have received a temporary mobile sports betting licence for Massachusetts. The US state’s Gaming Commission voted unanimously to hand PSI a Category 3 Sports Wagering Operator Licence following meetings. The MGC says Penn must provide the commission with diversity goals for workforce and supplier spend, among other…

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Elys Game Technology Completes Formal License Approval Process in Ohio

 The HALLO ECHO
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  Elys Game Technology Corp, an interactive gaming and sports betting technology company, announced that on December 31 the Company’s wholly owned subsidiary Elys Gameboard Technologies LLC received approval for Type C sports gaming proprietor licensure from the Ohio Casino Control Commission (OCCC) for a period of 5 years effective January 1, 2023. The commencement…

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