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NBA 2K loot boxes cleared in Belgium

The HALLO ECHO

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

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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Gaming Labs agrees to pay fine

The HALLO ECHO

Gaming Laboratories International (GLI), a New Jersey-based company that tests and certifies gambling products, has agreed to pay the hefty fine imposed by Nevada Gaming Commission (NGC). The fine, amounting to $125,000, was issued as a disciplinary action over violating the regulations while testing  and certifying a product developed by a company called Interblock. Interblock’s…

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California could legalise sports betting in 2020 ballot

The HALLO ECHO

Alex Padilla, Secretary of State in California, has said that the processes to include sports betting legalisation on the 2020 ballot in California has been started. Russell Lowery, a political consultant, is pushing the proposal. The proposal would require 585,407 signatures collected by February in order to get included on the 2020 election ballot. It…

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Novomatic obtains Granada license

The HALLO ECHO

Novomatic, the Austria-based international gambling company, has obtained casino license in Granada, Spain. The license will allow the company to operate a casino for the next 15 years. The new casino is expected to generate 200 new direct jobs and. The authorities are happy to co-operate with the new project as the new facilities will…

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Battle Passes vs Loot Boxes: Which is legally more acceptable?

The HALLO ECHO

Two attorneys, Greg Boyd and Sean Kane, has launched a new book that offers insights into video game law, titled Video Game Law – Everything You Need to Know about Legal and Business Issues in the Game Industry. The duo is talking in this article about the legal angles surrounding Loot Boxes and Battle Passes.…

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