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Portugal issues license to Luckia’s online casino

 The HALLO ECHO
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  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
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  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
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  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
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  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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MGA issues warning to unauthorised operators

 The HALLO ECHO
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  The Malta Gaming Authority (MGA) has issued a warning to operators and providers of gaming services and gaming supplies, including those offered by remote means, that only licensed operators will be allowed in the country. MGA reiterated that according to article 13 of the Gaming Act, the companies can function in and from Malta,…

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eCOGRA to launch certification for software providers in Sweden

 The HALLO ECHO
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  eCOGRA, the independent testing lab is going to offer testing and certification of operators who plan to obtain gambling licenses in Sweden. The company will modify its ISO/IEC 17025:2005 accreditation by the United Kingdom Accreditation Service (UKAS) to include the necessary standards and technical requirements of Swedish regulator Lotteriinspektionens. eCOGRA is the only online…

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