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EU Report Suggests Consumer Protection Approach to Tackle Loot Boxes

 The HALLO ECHO
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  A report commissioned by the EU Internal Market and Consumer Protection Committee has recently come to the conclusion that the EU should stop approaching loot boxes as a gambling issue and treat the practice as a consumer protection issue. The report concludes that while the problematic practice can be dangerous due to the way…

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GameCo Receives NJ Casino Service Licence

 The HALLO ECHO
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  Las Vegas-based GameCo LLC has received a Casino Service Industry Enterprise License from the New Jersey Division of Gaming Enforcement. The company is now able to bring its diverse portfolio of esports betting, skill-based iGaming, and Video Game Gambling products to casinos and sportsbooks in New Jersey. New Jersey has been a pioneering jurisdiction…

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Gaming Innovation Group receives CSIE license in New Jersey, USA

 The HALLO ECHO
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  Gaming Innovation Group (GiG) is pleased to announce its subsidiary, iGaming Cloud Inc., has today been granted a permanent casino service industry enterprise license (CSIE) from the Division of Gaming Enforcement (DGE) in New Jersey, USA. The application was filed back in June 2018, and GiG has supported Hard Rock International’s casino operations in…

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Smarkets introduces betting exchange to Swedish market

 The HALLO ECHO
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  Betting exchange Smarkets has launched in Sweden after receiving approval from the national regulator. The London-headquartered company operates one of the world’s leading peer-to-peer platforms for trading on sport, politics and current affairs, and it is now available to users in Sweden at smarkets.com. Smarkets will become the second licensed betting exchange in Sweden,…

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Bulgarian Legislature Approves the Bill to Abolish Gambling Commission

 The HALLO ECHO
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  The Bulgarian legislature has approved the second reading of a bill that aims to abolish Bulgaria’s existing gambling regulator and hand its duties to the National Revenue Agency, as well as to introduce new capital requirements for licensees. Bill 054-01-51 to Amend and Supplement the Gambling Act was introduced in June and approved by…

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Russia’s State Duma Approves Overhaul of Sports Betting Laws

 The HALLO ECHO
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  The Russian State Duma has approved the legislation that will significantly overhaul the Russian sports betting industry, imposing tax on bets placed on overseas events and extending financial obligations to all market participants. The State Duma passed the bill in the second and third reading. The new rules pose limits on the types of…

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