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Chinese Government Imposes Fine of $4.2M on Chinabank Payments for its Online Gambling Links

The HALLO ECHO

  The Chinese government has imposed a fine of RMB29.4m (US$4.2m) on Internet Banking Online (Beijing) Technology Co Ltd, aka Chinabank Payments, for its links to unauthorised online gambling sites. Chinabank, the Beijing-based payment processor, was accused of assisting mainland residents in transferring currency overseas, including to internationally licensed online gambling sites. The gambling transfers,…

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European Human Rights Court to Review Icelandic Gambling Case

The HALLO ECHO

  The European Court of Human Rights (ECHR) has decided to review the case of Guðlaugur Jakob Karlsson, who was denied compensation for his gambling addiction, against the Icelandic state. Guðlaugur says the Icelandic state is breaking the law by allowing the operating of slot machines, which led him to become addicted to gambling, causing…

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Ireland Approves Maximum Stake of €5 for Gambling Machines

The HALLO ECHO

  The government of Ireland has approved a new maximum stake and a new maximum payout for gambling machines. Charlie Flanagan, the Minister for Justice in Ireland, has introduced to Cabinet new changes that will see a new maximum stake of €5 for gambling machines. Flanagan’s changes include a new €500 limit as maximum payout…

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Australian Government to Legislate Self-exclusion Register

The HALLO ECHO

  The Australian government is going to legislate an online “National Self-Exclusion Register,” that will allow people to ban themselves from online gambling sites and apps. “As much as possible Government policy should preserve Australians’ ability to enjoy a punt while putting in place sensible and targeted measures to prevent and support gamblers facing significant…

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Lithuania Gambling Supervisory Authority to Apply for New Enforcement Powers

The HALLO ECHO

  The Lithuania Gambling Supervisory Authority is going to apply to the Vilnius Regional Administrative Court to grant it the power to block access and payments to unlicensed gambling sites. If the regulator be granted the powers, it will be able to issue orders to the internet service providers (ISPs) to block unlicensed sites and…

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China Bans Gambling Content from Gaming Devices

The HALLO ECHO

  China has issued a regulation to eliminate gambling content from gaming machines and devices. The Ministry of Culture and Tourism said the regulation will forbid gaming machines and devices from having gambling functions. Gambling devices that automatically decide results, such as slot machines, are also prohibited. According to the document, electronic gambling devices set…

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