Latest News

U.S. District Court Confirms Federal Wire Act Applies only to Sports Betting Activities

The HALLO ECHO

  NeoPollard Interactive LLC and New Hampshire Lottery have been thrilled by the U.S. District Court decision which confirms that the federal Wire Act applies only to sports betting activities. This decision is important for the U.S. lottery industry as a whole as it alleviates concerns pertaining to the transmission of lottery data over the…

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Russia to Clamp Down on VPNs Enabling Online Gambling

The HALLO ECHO

  Russia is going to crack down on virtual private networks (VPN) used by local bettors to access internationally licensed online gambling sites. Alexander Zharov, the head of Russia’s telecom watchdog Roskomnadzor, has announced plans last week to block access to nine VPN companies that refused to connect their operations to the government’s Federal State Information…

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Gaming Commission Approves Sports Betting in New York

The HALLO ECHO

  The New York State Gaming Commission has unanimously approved in-person sports betting at four upstate casinos. The formal approval makes New York the 14th state to legalise betting. The four upstate casinos are Resorts World, Rivers Casino, Tioga Downs and Del Lago. Sports leagues, which have been lobbying to get states to pass their…

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Lottoland Sues ACMA Over Jackpot Betting

The HALLO ECHO

  Lottoland, the Gibraltar based online gambling company, has launched legal action against the federal government for allegedly infringing the gambling laws. This all begins when the Australian Communications and Media Authority (ACMA) made investigation on Lottoland’s jackpot betting and revealed “Several Lottoland online jackpot betting services were games of chance which are prohibited. These…

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Alabama Regulates Daily Fantasy Sports

The HALLO ECHO

  The US state of Alabama has regulated and legalised daily fantasy sports (DFS) again. The state has imposed a tax on DFS as well. This is a significant move, as the state banned DFS activity about three years ago, forcing companies like FanDuel and DraftKings to shut down their business in the state. Alabama…

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Israeli Supreme Court Passes Landmark Verdict on Crypto Exchanges

The HALLO ECHO

  The Supreme Court of Israel has ruled that Leumi Bank cannot freeze the cryptocurrency exchange Bits of Gold’s account because of regulatory concerns. The bank, in spite of the court ruling , still maintains its stance against dealing with the exchange. However, the ruling sets precedent for Israeli cryptocurrency firms to legally use traditional…

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