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New gambling law in Malta from July 1

 The HALLO ECHO
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After a three-month standstill period in the European Commission, the new gambling law will come into force in Malta on July 1. The act was proposed in the Maltese Parliament this spring and introduced to the EC for an obligatory review. It aims to dismantle the country’s current gambling regulatory system. The existing system grants…

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Italy begins gambling crackdown by tackling ads

 The HALLO ECHO
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Luigi Di Maio, the new deputy premier of Italy and leader of the Five Star Movement (M5S) party, has called for “the prohibition of gambling advertising.” He was talking about the possible new moves by the ruling coalition government. He unambiguously stated that the coalition has a number of grievances against the gambling industry, especially…

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Sweden to analyse the effects of iGaming liberalisation

 The HALLO ECHO
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The Swedish government will review the potential impact of liberalising iGaming before a making final call on opening its online market to international operators. The countries legislators have approved a new version of the new gambling law. It could pave the way for opening up the country’s the online market to international operators. However, the…

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Michigan passes online gambling bill

 The HALLO ECHO
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Michigan legislators have sprung a surprise by passing Rep. Brandt Iden’s online gambling bill on a 68 vs. 40 vote. As per the bill, licensed land-based casinos can now obtain licenses from the state to offer internet gaming. They will have to pay an 8 per cent tax on GGR based on intrastate activity. The…

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Netherlands launches online gambling crackdown ahead of World Cup

 The HALLO ECHO
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The Netherlands gambling authority, Kansspelautoriteit (KSA), has launched a fresh crackdown on online gambling ahead of football World Cup in Russia. The Netherlands have not qualified for the World Cup. The Dutch regulator announced that its focus will be on two things: cracking down underage gambling and identifying unauthorised betting that offer betting to local…

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XLMedia lowers forecasts after regulatory changes

 The HALLO ECHO
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XLMedia, a Jersey-based marketing company that also deals with online gambling, has reduced its revenue forecasts following regulatory changes in Australia and Europe. The company had expected revenue for the year end December 31, 2018, US$130m, with a marginally lower adjusted EBITDA compared to the previous year and with a corresponding impact on profit before…

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