Sports Betting

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

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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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DC Council member introduces sports betting bill

 The HALLO ECHO
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  In a significant development in the US state of District of Columbia (DC), a council member Jack Evans has introduced the Sports Wagering Lottery Amendment Act of 2018 in the council. The bill is aimed at legalising sports betting in the state. Evans presented the bill during the Council of the District of Columbia’s…

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