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Swedish court rule against media outlets on gambling ad case

 The HALLO ECHO
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  A Swedish court has ruled in favour of the country’s regulatory authority Lotteriinspektionen in a case against media outlets regarding online gambling advertising. The court effectively curtailed the media’s ability to generate advertising income from the ads of licensed online gambling companies. The case started in September 2013 after Lotteriinspektionen issued orders and slapped…

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CMA announces results of online gambling probe

 The HALLO ECHO
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  The Competition and Markets Authority (CMA), the regulatory body responsible for competition and consumer enforcement in the UK, has released the report of the investigation that it started two years ago about the unfair practices in online gambling industry. The main focus of the probe the options for players to withdraw their funds and…

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Blizzard withdraws paid loot boxes in Belgium

 The HALLO ECHO
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Blizzard has announced the imminent removal of paid loot boxes and chests from Overwatch and Heroes of the Storm players in Belgium following the country’s Gambling Commission ruling that the loot boxes violated Belgium’s gambling regulations. “While we at Blizzard were surprised by this conclusion and do not share the same opinion, we have decided…

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Ukraine exempts poker from anti-gambling laws

 The HALLO ECHO
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Ukrainian government has re-inducted poker into the list of national sports, thereby exempting it from the purview of anti-gambling legislation. In the the newly published Register of Recognized Sports from the Ministry of Youth and Sport of Ukraine, in Document 3780, Poker is one  of the entries. Poker was removed from the list of bnational…

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NBA 2K loot boxes cleared in Belgium

 The HALLO ECHO
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2K Games has issued a press release that the in-game purchases system in NBA 2K loot boxes has been declared  to comply with Belgian gambling laws. “Specifically, we will be turning off the ability to purchase packs with premium (non-earned) currency/[Virtual Currency],” reads a 2K statement. “Gamers are still able to acquire packs with MyTeam…

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LeoVegas pursues Spanish gambling license Spain licence after Sweden application

 The HALLO ECHO
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LeoVegas, a Sweden-based casino company, has started pursuing a casino license in Spain. The company has already applied for a new licence in Sweden. Philip Doftvik, head of corporate finance and investor relations at LeoVegas, said that the company “welcomes” regulation in Sweden and that it has been “looking forward” to applying for a licence…

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