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Brussels Regulatory Brief by K&L Gates: March 2018

 The HALLO ECHO
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Antitrust and Competition Another transaction in the technology sector referred to the European Commission for its review The European Commission (“Commission”) is yet again set to review a transaction in the technology sector which does not meet the EU merger notification thresholds but that is likely to have cross-border effects in the EU. On 6…

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Austria Considering New Amendments, Foreign Operators in the Crosshairs

 The HALLO ECHO
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Austria’s Ministry of Finance is currently in the process of reviewing the country’s Gambling Act aiming to introduce new amendments that could seriously affect the local online gambling market. Namely, the revised Act would seek to completely ban all foreign gambling operators and even request refunds for the losses players accrued playing with these operators over the…

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Trust issues: only a third of the public thinks gambling industry is fair

 The HALLO ECHO
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The reputation of gambling among the public is failing to improve, according to a report published by the Gambling Commission on Tuesday. Those gambling operators with a reputation for treating their customers fairly and well will have a competitive advantage, the regulator added. The commission’s gambling participation report for 2017 found that 33 per cent of those…

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The Remote Gambling Association publishes good practice guidelines for operators

 The HALLO ECHO
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When developing or purchasing systems, the advice is designed to assist members in recognising problematic online gambling behaviour and interact with identified customers to address the behaviours that flag concern. Online gambling operators collect and retain a great deal of data about their customers. The RGA believes it is incumbent upon its members, who are…

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Denmark Blocks Illegal Gambling Sites As Crackdown Continues

 The HALLO ECHO
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Danish authorities are cracking down on illegal online gambling operations in their jurisdiction. A court has recently ordered that ISPs block 24 websites that are operating illegally in the Danish jurisdiction. Spillemyndigheden, the Danish Gambling Authority was very pleased with this decision as it helps in the fight against illegal gambling in the country. The…

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Sweden considers classifying loot boxes as gambling

 The HALLO ECHO
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Sweden has emerged in the forefront among several nations to suggest the implementation of a restriction on loot boxes in the video games industry. As reported to the P3 News by the country’s at present Minister for Public Administration, Ardalan Shekarabi, loot boxes might emerge as a form of gambling by the year 2019, which…

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