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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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Gambling legislation passed in Myanmar

 The HALLO ECHO
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  Myanmar has gone one more inch closer to welcome casino industry to the country. The lower house of the Legislature has passed a bill that would allow foreigner-casinos in the country. The bill, titled the Gambling Bill 2018, was introduced a couple of months ago. It will add amendments to the existing Gambling Act…

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Finland starts probe into loot boxes

 The HALLO ECHO
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  Finland has started an enquiry into practice of using loot box systems in video games. This is following the official sanction and controversy surrounding loot boxes in European countries such as Belgium and the Netherlands. Here is a brief history of loot boxes for the uninitiated. Loot boxes have been part and parcel of…

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