German Regulations Ban Visa and Mastercard from Online Casino Transactions
The HALLO ECHO

  Online casinos targeting German consumers will no longer be able to use Visa or Mastercard services, as a fresh wave of punitive legislation targeted at the iGaming industry and payment providers transferring money to and from online casinos has been unleashed. Visa has instructed banks in Germany not to accept deposits and withdrawals from…

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Playtech Gets Regulatory Approval to Enter New Jersey Market
The HALLO ECHO

  Playtech plc has secured approval from the New Jersey Division of Gaming Enforcement (DGE) to launch its casino products in New Jersey market. Playtech will launch soon in New Jersey under its transactional waiver with bet365 and Hard Rock Atlantic City. Playtech expects to launch with further operators in New Jersey in the near…

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California Could Open Door To $30 Billion In Annual Bets If Sports Betting Is Approved
The HALLO ECHO

Details of bills that could send sports betting to voters call for balanced tax structure that will spur growth, according to PlayCA.com analysts LAS VEGAS — If California voters approve online and retail sports betting in November it will open the door to a market that has the potential to generate more than $30 billion…

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FANDOM SPORTS Retains Segev LLP as Lead Counsel for Global iGaming Licensing
The HALLO ECHO

  FANDOM SPORTS Media has retained Segev LLP as lead counsel for all endeavours pertaining to global iGaming licensing. The Company will be undertaking a strategic review to prioritise jurisdictions that will enable the firm to expand its regulatory footprint efficiently and at scale. Segev LLP employs a strong iGaming team with corporate, commercial, IP…

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MGA Publishes Consultation Paper on Suspicious Betting Reporting Requirements
The HALLO ECHO

  The Malta Gaming Authority (MGA) has published a consultation paper on suspicious betting reporting requirements and other sports integrity measures. In August 2019, the Malta Gaming Authority announced the establishment of a Sports Integrity Unit. It is the Authority’s intention to implement a set of Suspicious Betting Reporting Requirements, which will oblige B2C licensees…

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G2 Esports Partners with Brandgenuity to Expand Global Licensing Efforts
The HALLO ECHO

  G2 Esports has partnered with Brandgenuity to strategically expand its global licensing efforts. Brandgenuity is a leading global independent brand licensing agency headquartered in New York. “G2 is building a lifestyle and entertainment empire. We have designed and developed streetwear-inspired collections and merchandise that sell out almost instantly thanks to the #G2ARMY and we…

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Italian Parliament Enacts New Turnover Tax on Betting and Virtual Sports Wagers
The HALLO ECHO

  The Italian parliament has enacted a new temporary 0.5% turnover tax on betting and virtual sports wagers. Publishing the state gazette last week confirmed that MPs had supported amendments introducing new turnover tax across all betting-related verticals – online, retail and virtual sports content. The turnover tax is implemented as a set of first…

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Norway’s Stortinget Passes Gambling Advertising Amendment
The HALLO ECHO

  The Norwegian Parliament (Stortinget) has approved a legislative amendment aimed at preventing offshore gambling operators from advertising their services to consumers in the country via the internet. The amendment grants the Norwegian Media Authority (Medietilsynet) the power to order internet service providers and media companies to prevent access to illegal marketing. “This [amendment] will…

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