Sports Betting

Russia to Tight the Rules for Bookmakers

 The HALLO ECHO
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  Russia is going to make the law on gambling tougher. A new bill having more rigorous rules for casino operators and bookmakers is recommended for approval by the State Duma Committee on Economic Policy, Innovation Development and Entrepreneurship. The document contains a complete list of events eligible for betting. In addition to sports events,…

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Altenar continues regulated market mission with Malta licence

 The HALLO ECHO
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  Altenar has set about acquiring more customers from regulated gambling markets after collecting a B2B sports betting licence from the Malta Gaming Authority (MGA). This recognition allows Altenar to work with Malta-licensed operators to offer betting services including extensive in-play coverage and the popular cash out feature. The licensing process for this Type 2…

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Following a warning from the UKGC two major high street bookmakers have removed products

 The HALLO ECHO
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  Products recently launched in high street bookmakers Paddy Power Betfair and BetFred have been pulled following a warning from the Gambling Commission and the operators could still now face regulatory action as the Commission continues to investigate. A third bookmaker who was poised to launch a new product, which has been reported in the media, has…

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Mass. Council urges to include safeguards in sports gambling legislation

 The HALLO ECHO
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  The Massachusetts Council on Compulsive Gambling (Mass. Council) strongly urges Governor Charlie Baker and the Mass. State Legislature to include safeguards in any sports gambling legislation against the potential negative consequences that may result. The Mass. Council’s Executive Director Marlene Warner states, “Massachusetts is known as a leader in the field of responsible gambling…

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Bethard receives gaming license in Ireland

 The HALLO ECHO
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  Less than a week after obtaining its Swedish gaming licence, Bethard is announcing yet another national licence. The Irish Revenue Department has granted Bethard Group a remote bookmaker’s licence. Bethard has thus secured five national gaming licences in Europe. The company is expecting further licences in 2019. ”We are moving forward at an exceptional…

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FA to introduce a levy on bets

 The HALLO ECHO
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  In an interesting move, the English Football Association (FA) has decided to introduce a levy on bets for extracting more money from the gambling sector to fund football development at grassroots level. Martin Glenn, chief executive of the FA, said that the move could push funding for the body’s “Football Foundation” initiative past £100 m…

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