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Chinese Court Seizes Bank Accounts of Boyaa Interactive

 The HALLO ECHO
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  A Chinese court has seized the bank accounts of Boyaa Interactive in the wake of its Chairman and CEO being sentenced to prison last September. Zhang Wei was handed a 12-month jail term last year and resigned from Boyaa after the Municipal of Intermediate People’s Court found one of the company’s indirect subsidiaries, Boyaa…

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Tottenham Ends Partnership with 1xBet

 The HALLO ECHO
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  Tottenham Hotspur Football Club has ended its partnership with 1xBet after the organisation lost its license to operate in Britain. 1xBet was forced to block the access to their website in the UK amid numerous accusations of regulation breaches, including taking bets on children’s sports and advertising on illegal websites. Liverpool and Chelsea have…

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Cambodian PM Orders to End Online Gambling Businesses by the End of 2019

 The HALLO ECHO
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  Cambodian Prime Minister Hun Sen has ordered the authorities to end all kinds of online gambling in the country by the end of this year in a bid to safeguard the security and public order. According to the statement released by Council of Minister, “All kinds of online and arcade gambling in the Kingdom…

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SportsHub Gets Penalty for Unlawful Fantasy Offering in New Jersey

 The HALLO ECHO
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  SportsHub Games Network has got a civil penalty for its operations in New Jersey without a license. The operator has to pay a $30,000 civil penalty under the New Jersey Fantasy Sports Act (FSA). The statute came into effect from August 2017, with fantasy sports operators already active in the state given until 6…

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Spelinspektionen Invites Gaming Companies for Meeting with Various Authorities

 The HALLO ECHO
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  Swedish gambling regulator Spelinspektionen has invited the representatives of gaming companies for a key meeting with various authorities. Representatives from the regulator, Swedish Tax Agency, Financial Police and the Swedish Consumer Agency will be present in the meeting on September 17. “The purpose of the meeting is to increase the understanding between the market…

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Mlungisi Mvoko Sees Gaming as Revenue Source for Eastern Cape Province

 The HALLO ECHO
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Mlungisi Mvoko, member of the executive council for Economic Development, has told that new technologies and gaming could lead to an increase in the revenue base for the Eastern Cape Province. “It is still our fervent belief that through the infusion of new technologies in the 4th Industrial Revolution and optimal regulation, gaming could lead…

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