Lithuania Prohibits Gambling Promotion
 The HALLO ECHO
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  Lithuania’s parliament has passed a law that bans gambling promotion activities in all forms. The parliament passed an amendment to the effect on the country’s Law on Gambling, with 105 votes in favour and 14 abstentions. With the new law coming into the effect, gambling operators will not be allowed to conduct gambling trials,…

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Nuvei Gets Nod to Process Sports Betting and iGaming Payments in Michigan
 The HALLO ECHO
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  Canada-based Nuvei Corporation, electronic payment technology provider, has received approval from the Michigan Gaming Control Board to offer its services to licensed operators in the state. With this, Nuvei can serve all the regulated online sports betting and iGaming operators in Michigan. Michigan legalized online sports betting in January 2021. Nuvei’s state-of-the-art payment technology…

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Wazdan approved to go live in New Jersey
 The HALLO ECHO
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  Innovative game developer Wazdan has received a transactional waiver from the New Jersey Division of Gaming Enforcement (NJDGE) to launch a selection of its award-winning online and mobile games in New Jersey, USA. The supplier is now able to take its best performing hits live across the state, including 9 Lions, Larry the Leprechaun and Sizzling 777 Deluxe,…

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Wazdan approved to go live in New Jersey
 The HALLO ECHO
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  Innovative game developer Wazdan has received a transactional waiver from the New Jersey Division of Gaming Enforcement (NJDGE) to launch a selection of its award-winning online and mobile games in New Jersey, USA. The supplier is now able to take its best performing hits live across the state, including 9 Lions, Larry the Leprechaun and Sizzling 777 Deluxe,…

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NGCB: Addendum 4 to April 21, 2020 Policy Memorandum
 The HALLO ECHO
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  Procedures for Reopening after Temporary Closure Due to COVID-19 (Addendum 4) On May 29, 2020, the Nevada Gaming Control Board issued Addendum 1 to the April 21, 2020 Procedures for Reopening after Temporary Closure Due to COVID-19 Policy Memorandum. Within that addendum, temporary MICS and ICP variations were granted related to count rooms, slot…

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Kansspelautoriteit and UK Gambling Commission Sign Cooperation Agreement
 The HALLO ECHO
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  Kansspelautoriteit (KSA), the gambling regulatory authority of the Netherlands, has entered into a cooperation agreement with the UK Gambling Commission (UKGC). The regulators will work collectively “to better support their respective supervisory tasks” by sharing general information and exchanging regulatory best practices on enforcement policies and licensing. KSA Chairman René Jansen said: “Such a…

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A Balanced Take on Optimal RTP for New Turnover Taxation in Germany
 The HALLO ECHO
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  What should be the optimal return to player (RTP)? This is a hotly debated question in the German gambling industry following the changes in the turnover taxation that are scheduled to come into force from 1 July 2021. While several figures and many theories have been advanced, we found particular LinkedIn post by Robert…

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Stakers Exits UK Market
 The HALLO ECHO
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  Online betting and casino brand Stakers has surrendered its UK gambling licence and has ceased all operations, following the dismissal of its appeal against its licence suspension. First-Tier Tribunal Judge Aleksander issued a written decision dismissing Stakers’ appeal against the suspension of its licence. The firm’s initial application to appeal had been refused by…

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