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Armenia amends gambling and advertising regulations

 The HALLO ECHO
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  Armenia has amended its laws related to gambling and advertisement. As per the new regulations, only the local gambling operator will be allowed to advertise in the country. An additional requirement is that gambling advertising should be targeted at citizens over 21 years of age. Advertising of gambling on radio and TV will be…

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Romania cancels gambling licenses

 The HALLO ECHO
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  In a surprising move, Romania’s gambling regulator, Oficiul National Pentru Jocuri de Noroc (ONJN), has temporarily suspended gambling licenses of two operators. Online gambling operator, Sea-Bet Limited, and fixed-odds betting licensee, Bet Club Sistem SRL, are the companies whose licenses were suspended. The reason for the license cancellation is not known. Sea-Bet, which is…

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UK Gambling Commission penalty imminent for Stride Gaming

 The HALLO ECHO
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  Stride Gaming, the UK-based online gambling company, is bracing for a hefty fine from the UK Gambling Commission (UKGC). The fine is expected to be around GBP 4 million. The reason for the fine is still not clear. The Commission has basically found faults with Stride’s functioning after a review of Stride’s activities. The…

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Peru to legalise sports gambling

 The HALLO ECHO
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  Peru is on the verge of legalising sports betting. Bill 3397/2018-CE, has been introduced in the parliament of the country by Percy Eloy Alcala Mateo of the Fuerza Popular party to make this happen. The bill has comprehensive proposals covering all the aspects of sports wagering. One of the bill’s proposals is that sportsbooks…

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Armenia toughens stance against legal gaming

 The HALLO ECHO
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  Nikol Pashinián, the prime minister of Armenia, has voiced his concerns about the “social problems in village communities” that the growing gambling activity in the country causes. He urged that “these devices should simply be removed.” “How should we organise this in order for us to truly solve this problem accurately, this is a…

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DC Council member introduces sports betting bill

 The HALLO ECHO
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  In a significant development in the US state of District of Columbia (DC), a council member Jack Evans has introduced the Sports Wagering Lottery Amendment Act of 2018 in the council. The bill is aimed at legalising sports betting in the state. Evans presented the bill during the Council of the District of Columbia’s…

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