Regulatory action against EU Lotto
The HALLO ECHO

  A gambling business must pay a £760,000 fine and undergo extensive independent auditing after a Commission investigation revealed social responsibility and money laundering failures. EU Lotto – which operates the lottoland.co.uk website – has also received a formal warning for the failures which occurred between October 2019 and November 2020. Social responsibility requirement failures…

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SJM Expects Casino Licence Renewal for Ten Years
The HALLO ECHO

  SJM Holdings is expecting that the authorities will extend its gaming licence beyond the current expiration date of June 26, 2022. It expects the extension won’t be for twenty years but for around ten years. During an investor meeting, the company said that the concession length would be longer than five years yet more…

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UKGC Responds to Independent Inquiry into BetIndex
The HALLO ECHO

  The UK Gambling Commission (UKGC) has announced that it will make changes to the way it regulates innovative digital gambling products. The announcement follows publication of the Independent Review of the Regulation of BetIndex Limited. The Review highlighted areas where the approach of both the Commission and the Financial Conduct Authority (FCA) could be…

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Belgian Regulator Adds 16 New Domains to iGaming Blacklist
The HALLO ECHO

  Belgium’s gambling regulator has added a further 16 domains to its blacklist of unlicensed online gambling websites. The blacklist, first introduced in 2012, now includes a total of 277 domains that have been found to have offered games of chance without a licence. The 16 sites, added to the list on September 15, include…

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Lithuanian Gaming Regulator Imposes Fine of €10,814 on Unigames
The HALLO ECHO

  The Lithuanian Gambling Supervisory Authority has issued a €10,814 fine to operator Unigames for organising gambling “outside the gambling regulation”. An inspection carried out by the regulator found that the combined betting function used by Unigames’ via a BetBuilder feature were outside of the requirements specified in the company’s rules. The regulator determined that…

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Norwegian Govt to Block Foreign Gambling Sites in the Country
The HALLO ECHO

  Norway’s government is planning to block the foreign websites that offer gambling products targeting the Norwegian market. The call to block such sites is being led by Minister of Culture Abid Raja, who is using his last days in government to announce the proposal. Companies such as Betsson, Unibet and ComeOn would all be…

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PayNearMe Wins Approval to Process Online Sports Betting and iGaming Payments in Arizona
The HALLO ECHO

  Payments platform PayNearMe has announced that it has been approved by the Arizona Department of Gaming to provide its services to licensed operators in the state. Barstool Sportsbook, Penn Interactive’s mobile sports betting app with nearly 70 million hits per month, has been accepting cash deposits at retail locations with PayNearMe since September 2020…

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Push Gaming welcomes new Head of Legal
The HALLO ECHO

  B2B gaming supplier Push Gaming is complementing its recent impressive regulated market growth with the hiring of Denisa Assefova as its new Head of Legal to oversee Push Gaming’s legal matters and support the company’s further expansion. A graduate of the Charles University of Prague and the University of Oslo, Denisa brings with her key…

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