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FA to introduce a levy on bets

The HALLO ECHO

  In an interesting move, the English Football Association (FA) has decided to introduce a levy on bets for extracting more money from the gambling sector to fund football development at grassroots level. Martin Glenn, chief executive of the FA, said that the move could push funding for the body’s “Football Foundation” initiative past £100 m…

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William Hill US sues FanDuel for copyright violation

The HALLO ECHO

  William Hill US has sued its competitor FanDuel for copyright violation. In a civil suit filed in New Jersey federal court, the company has accused FanDuel for copying its betting guide for novice punters in the US, titled How to Bet Guide. William Hill US published the guide in June. FanDuel published a guide…

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Portugal issues license to Luckia’s online casino

The HALLO ECHO

  The Serviço Regulação e Inspeção de Jogos do Turismo de Portugal (SRIJ), Portugal’s gambling regulatory body, has issued a license to Spanish gaming company Luckia to operate online casinos and sports betting facilities. Luckia Gaming Group will operate in the country using the Luckia.pt domain. The Luckia.pt domain is still under wraps, which kind…

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Romania slaps fine on betting operator

The HALLO ECHO

  Romania’s competition regulator has slapped a fine of €50,000 (£44,000/$58,000) on Westgate Romania on irregularities in completing a deal to acquire Stanleybet’s brands in the country. Westgate accepted that company completed the acquisition before deal was fully approved by the competition regulator. The admission of charges lowered the fine. Here is what happened. Westgate…

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Inactive bookmakers will lose license in Russia

The HALLO ECHO

  A new draft bill has been proposed in the Duma, the Russian parliament, which would introduce new rules for gambling license holders. One of the significant rules is that company will lose the license if it is inactive for three straight months. Betting Business Russia also reports that there is proposal to amend current…

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Gambling companies in Belarus raise concern against $ 1 Million Security Deposit

The HALLO ECHO

  The government of Belarus has recently proposed a mandatory $1 Million security deposit for online gambling companies. The online gambling operators fear that this will adversely affect their business. While this is not a new thing – Italy requires a guarantee of € 1.5 million and Czech Republic requires € 1.1 million – this…

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