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AUSTRAC CEO Says Casinos Must Oversee Junket Compliance

 The HALLO ECHO
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  Nicole Rose, CEO of Australia’s financial crimes watchdog AUSTRAC, has stated that it is the responsibility of casino operators rather than regulators to oversee the operations of junket operators operating within their gaming facilities. According to a report by News Corp, Nicole Rose made the claim during a Senate estimates hearing at which she…

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Sweden’s Konsumentverket Issues Warning to Licenced Online Gambling Operators

 The HALLO ECHO
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  Swedish consumer affairs agency Konsumentverket has issued a warning to licenced online gambling operators about their duty to provide customers with balanced and equitable conditions. The agency reported that it had found numerous flaws having conducted a study of terms and conditions randomly selected by 13 operators. AG Communications, Bayton, Blue Star Planet, ComeOn…

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New German Regulations Give Much Focus on Age Verification

 The HALLO ECHO
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  The progress of legalising online gaming across Germany has been patchy, but there was a breakthrough on 12 March 2020 when the latest GlüNeuRStV was approved by the German heads of state. It acts as a compromise between states wanting the market to be open and those wanting gambling to be more restricted. This…

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Japan Foregoes Controversial Tax on Casino Winnings

 The HALLO ECHO
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  Akira Amari, head of the ruling Liberal Democratic Party’s Research Commission on Tax System, has confirmed that the proposed tax on the winnings of overseas gamblers at Japan’s future IRs will not be imposed. “It would be meaningless if no one comes to the IRs after building them,” Amari said. He added Japan’s casino…

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Supreme Court of India Upholds Taxes on Lotteries

 The HALLO ECHO
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  The Supreme Court of India has ruled in favour of the application of Goods and Services Tax (GST) on lotteries. India’s GST Council applies a duty of 12% on lotteries run in the same state and of 28% on those sold in other states. Punjab operator Skill Lotto Solutions had launched a legal claim…

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Sweden’s Spelinspektionen Clarifies New Sports Betting Restrictions

 The HALLO ECHO
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  The Swedish gambling authority Spelinspektionen has sought to clarify the scope of new restrictions on the markets that licensed operators can offer for betting. New rules on sports betting that enter force on January 1 prohibit betting on football leagues below Sweden’s top four tiers. They also prohibit betting on violations of rules, such…

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