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A Balanced Take on Optimal RTP for New Turnover Taxation in Germany

 The HALLO ECHO
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  What should be the optimal return to player (RTP)? This is a hotly debated question in the German gambling industry following the changes in the turnover taxation that are scheduled to come into force from 1 July 2021. While several figures and many theories have been advanced, we found particular LinkedIn post by Robert…

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Stakers Exits UK Market

 The HALLO ECHO
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  Online betting and casino brand Stakers has surrendered its UK gambling licence and has ceased all operations, following the dismissal of its appeal against its licence suspension. First-Tier Tribunal Judge Aleksander issued a written decision dismissing Stakers’ appeal against the suspension of its licence. The firm’s initial application to appeal had been refused by…

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Massachusetts Senators Push Sports Betting Bill

 The HALLO ECHO
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  Massachusetts senators will push for sports betting legislation to be included in the nearly 1000 amendments to be filed alongside the state’s budget. The debate on amendments to the $47.6bn fiscal 2022 spending plan begins on May 24. According to local press, more than a dozen lawmakers from both sides have filed bills to…

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Penn National to Launch Barstool Sportsbook in Indiana

 The HALLO ECHO
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  Penn National Gaming has announced that the Indiana Gaming Commission (IGC) has approved the Company’s application to offer online sports wagering in Indiana. The company is now going to launch its Barstool Sportsbook mobile app in the state. Once live, Indiana will become the Company’s fourth online sports betting market, following previously successful launches…

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Fifth VIXIO Global Regulatory Awards nominations open today

 The HALLO ECHO
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  Industry’s only awards dedicated to regulatory and compliance excellence back for in-person showpiece London event with new categories and judges Nominations for the fifth annual VIXIO Global Regulatory Awards are open from today, with the industry’s most important event recognising excellence in regulation, responsible gambling and compliance back for a gala in-person event on 21st October.…

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Lithuanian Gaming Control Authority Fines UAB New Miracle

 The HALLO ECHO
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  The Lithuanian Gaming Control Authority has issued a fine to lottery operator UAB New Miracle after ruling that it breached regulations related to money laundering and terrorist financing. The Authority investigated the operator’s activities in 2019 and 2020, identifying a series of failings in the process. According to the Authority, UAB New Miracle did…

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