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IGDA asks gaming industry to sort out loot box issue before government intervention

 The HALLO ECHO
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  Jen MacLean, executive director of the International Game Developers Association (IGDA), has urged the leaders of the games industry to take action on loot boxes before governments come up with legislation against them. She noted on her blog: “Earlier this week, the United States Federal Trade Commission agreed to investigate loot box monetisation and…

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Poland offers betting license to two operators

 The HALLO ECHO
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  The Ministry of Finance of Poland has issued online sports betting licenses to Typiko Sp. z. oo and Traf-Zakłady Wzajemne Sp. z oo, taking the total number of licensed online operators in the country to 14. Traf-Zakłady Wzajemne Sp. z oo is a land-based racing betting operator in Warsaw. It is affiliated to Totalizator…

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Australia to implement 2019 National Gambling Framework

 The HALLO ECHO
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  Australian government will be implementing the National Consumer Protection Framework for wagering, which will lead to a number of social responsibility initiatives, in 2019. The framework contains a 10-point action plan, which was charted as a response to the 2015 O’Farrell Review of the country’s gambling industry. The imminent implementation had has overcome many…

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Philippine Appeals Court orders PAGCOR to issue casino license

 The HALLO ECHO
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  Philippines Court of Appeals has upheld a lower court ruling ordering the Philippine Amusement and Gaming Corp. to issue a license for Waterfront Philippines to operate an IR in Manila’s Entertainment City. Waterfront first filed a petition for mandamus in March 2015, saying it had submitted all requirements – including a $100-million cash deposit…

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Europe that Protects: Stronger rules criminalising money laundering enter into force

 The HALLO ECHO
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  Today, the new measures to counter money laundering by criminal law enter into force across the EU. The new rules will ensure that dangerous criminals and terrorists face equally severe penalties for money laundering wherever they are in the EU, with a minimum term of imprisonment of 4 years. Commissioner for Migration, Home Affairs…

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FTC to investigate in-game loot boxes

 The HALLO ECHO
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  The Federal Trade Commission (FTC) will investigate the loot boxes embedded with video games.   Maggie Hassan, New Hampshire Senator, requested the investigation early this year. FTC chairman Joe Simons told Hassan in a Senate Commerce subcommittee hearing that he would be looking into the matter in an official capacity. “Loot boxes are now…

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