Latest News

A big halt from PAGCOR on new casino licence applications

The HALLO ECHO

State-run Philippine Amusement and Gaming Corporation (PAGCOR) says a strict no-no to new casino license applications, this refusal from its end will persist as long the Philippine casino industry does not mature. As per ‘The Philippine Daily Inquirer’PAGCOR has initiated the drafting a memorandum that will explicate a moratorium on new casinos operations following the…

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Kansspelautoriteit seeks the assistance of regulatory counterparts

The HALLO ECHO

Kansspelautoriteit (KSA), the Dutch Gaming Authority (KSA), seeks cooperation from its regulatory counterparts to back them up in a fight against the online gambling providers targeting Dutch consumers. Elucidating in a letter to fellow supervisory authorities about their position on unauthorised operators targeting the market, KSA affirmed their authorisation to act against those operators irrespective…

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UK Gambling Commission publishes guidance on group reporting requirements

The HALLO ECHO

The Gambling Commission has published a short guidance note on the changes to reporting requirements on group jurisdiction revenue.   The new changes, which will come into effect on 4 April 2018, require that licensees notify the Commission when they (or any group entity) begin advertising to a new jurisdiction or where a particular jurisdiction accounts for…

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UKGC looking forward for the opinions on proposed regulatory modifications

The HALLO ECHO

A request for comments and opinion on the proposed alterations to the regulations in the market was issued by the UK Gambling Commission. Consumers, gambling businesses, stakeholders and members of the public can come up with their opinions on the suggested modifications to the rules associated with marketing and advertising, unfair terms, and complaints and…

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Dutch Financial Markets Authority alerts of Cryptocurrency Investment Risks, Bans Gambling-Like Binary Options

The HALLO ECHO

The Netherlands Authority for the Financial Markets (AFM) demands restrictive measures on bitcoin and altcoins investment and betting on the price of bitcoin when banking firms are warning that a bitcoin bubble could dwarf the 1600s Dutch tulip mania. In an interview with local media outlet de Volksrant, Merel van Vroonhoven, the Chairwoman of the AFM, affirmed that…

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Gaming shows growth in NJ

The HALLO ECHO

There is a healthy growth for the online gaming industry in the State of New Jersey, with new businesses, services and regulated platforms becoming available for local players, according to a report published by the New Jersey Division of Gaming Enforcement. The State’s iGaming revenue touched €203.7 million last year, maintaining the yearly increase for…

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