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German Regulations Ban Visa and Mastercard from Online Casino Transactions

The HALLO ECHO

  Online casinos targeting German consumers will no longer be able to use Visa or Mastercard services, as a fresh wave of punitive legislation targeted at the iGaming industry and payment providers transferring money to and from online casinos has been unleashed. Visa has instructed banks in Germany not to accept deposits and withdrawals from…

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Playtech Gets Regulatory Approval to Enter New Jersey Market

The HALLO ECHO

  Playtech plc has secured approval from the New Jersey Division of Gaming Enforcement (DGE) to launch its casino products in New Jersey market. Playtech will launch soon in New Jersey under its transactional waiver with bet365 and Hard Rock Atlantic City. Playtech expects to launch with further operators in New Jersey in the near…

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FANDOM SPORTS Retains Segev LLP as Lead Counsel for Global iGaming Licensing

The HALLO ECHO

  FANDOM SPORTS Media has retained Segev LLP as lead counsel for all endeavours pertaining to global iGaming licensing. The Company will be undertaking a strategic review to prioritise jurisdictions that will enable the firm to expand its regulatory footprint efficiently and at scale. Segev LLP employs a strong iGaming team with corporate, commercial, IP…

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MGA Publishes Consultation Paper on Suspicious Betting Reporting Requirements

The HALLO ECHO

  The Malta Gaming Authority (MGA) has published a consultation paper on suspicious betting reporting requirements and other sports integrity measures. In August 2019, the Malta Gaming Authority announced the establishment of a Sports Integrity Unit. It is the Authority’s intention to implement a set of Suspicious Betting Reporting Requirements, which will oblige B2C licensees…

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G2 Esports Partners with Brandgenuity to Expand Global Licensing Efforts

The HALLO ECHO

  G2 Esports has partnered with Brandgenuity to strategically expand its global licensing efforts. Brandgenuity is a leading global independent brand licensing agency headquartered in New York. “G2 is building a lifestyle and entertainment empire. We have designed and developed streetwear-inspired collections and merchandise that sell out almost instantly thanks to the #G2ARMY and we…

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Italian Parliament Enacts New Turnover Tax on Betting and Virtual Sports Wagers

The HALLO ECHO

  The Italian parliament has enacted a new temporary 0.5% turnover tax on betting and virtual sports wagers. Publishing the state gazette last week confirmed that MPs had supported amendments introducing new turnover tax across all betting-related verticals – online, retail and virtual sports content. The turnover tax is implemented as a set of first…

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