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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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Gambling ads pay off to Swedish media

The HALLO ECHO

The latest trends from Sweden reveal that in online gambling advertising are paying handsome dividends to Swedish media outlets, in spite of the regulatory endeavors to to reduce the activity. As per the analysis conducted by Sifo Advertising Measurements and Dagens Media, a whopping €560 million was spent on online gambling advertising in 2017. This expenditure…

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Malta set to regulate blockchain services sector with world’s first legal framework

The HALLO ECHO

Malta is all set to launch the world’s inceptive legal framework for designing a regulatory body in order to manage services in Blockchain sector, Artificial Intelligence, and Internet of Things (IOT) devices, within the next few weeks. This was affirmed while addressing the Unlock Blockchain conference organised at the Dubai International Financial Centre, by the…

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Casinos, gaming machines and online gambling to be overseen by independent regulator in Ireland

The HALLO ECHO

It is in compliance with a proposed new law that an Independent regulator should to be established for the gambling industry. Informing the Cabinet, David Stanton the Minister of State for Equality, Immigration and Integration appealed the consent to draft a new general scheme of the Gambling Control Bill. Since 2013, a proposed set of…

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