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Dutch Gambling Regulator Imposes €531,250 Fine on Tipico

 The HALLO ECHO
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  Dutch gambling regulator Kansspelautoriteit (KSA) has imposed a fine of €531,250 on Malta-based Tipico Co. Ltd. for illegally offering online games of chance to Dutch consumers. The online games of chance were offered via the tipico.com website. A starting fine of 200,000 euros applies for this violation. The fine was increased 3 times by…

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Regulatory action against EU Lotto

 The HALLO ECHO
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  A gambling business must pay a £760,000 fine and undergo extensive independent auditing after a Commission investigation revealed social responsibility and money laundering failures. EU Lotto – which operates the lottoland.co.uk website – has also received a formal warning for the failures which occurred between October 2019 and November 2020. Social responsibility requirement failures…

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SJM Expects Casino Licence Renewal for Ten Years

 The HALLO ECHO
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  SJM Holdings is expecting that the authorities will extend its gaming licence beyond the current expiration date of June 26, 2022. It expects the extension won’t be for twenty years but for around ten years. During an investor meeting, the company said that the concession length would be longer than five years yet more…

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UKGC Responds to Independent Inquiry into BetIndex

 The HALLO ECHO
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  The UK Gambling Commission (UKGC) has announced that it will make changes to the way it regulates innovative digital gambling products. The announcement follows publication of the Independent Review of the Regulation of BetIndex Limited. The Review highlighted areas where the approach of both the Commission and the Financial Conduct Authority (FCA) could be…

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Belgian Regulator Adds 16 New Domains to iGaming Blacklist

 The HALLO ECHO
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  Belgium’s gambling regulator has added a further 16 domains to its blacklist of unlicensed online gambling websites. The blacklist, first introduced in 2012, now includes a total of 277 domains that have been found to have offered games of chance without a licence. The 16 sites, added to the list on September 15, include…

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Lithuanian Gaming Regulator Imposes Fine of €10,814 on Unigames

 The HALLO ECHO
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  The Lithuanian Gambling Supervisory Authority has issued a €10,814 fine to operator Unigames for organising gambling “outside the gambling regulation”. An inspection carried out by the regulator found that the combined betting function used by Unigames’ via a BetBuilder feature were outside of the requirements specified in the company’s rules. The regulator determined that…

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