UK Gambling Commission takes widespread regulatory action
 The HALLO ECHO
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  Online casino companies and their senior management have faced widespread action from the gambling regulator, as part of an ongoing investigation into the way the industry combats problem gambling and money laundering. Nearly £14m in penalty packages will be paid by three companies as result of their failings to put in place effective safeguards to…

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Europe that Protects: Stronger rules criminalising money laundering enter into force
 The HALLO ECHO
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  Today, the new measures to counter money laundering by criminal law enter into force across the EU. The new rules will ensure that dangerous criminals and terrorists face equally severe penalties for money laundering wherever they are in the EU, with a minimum term of imprisonment of 4 years. Commissioner for Migration, Home Affairs…

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Aspire Global obtains sports gaming license in Ireland
 The HALLO ECHO
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  Aspire Global, the Malta-based provider of iGaming solutions, has obtained iGaming license for its sportsbook in Ireland, raising the company’s number of licenses in the portfolio to seven. It is soon likely to become eight, when it completes the formalities for the upcoming Swedish license. The Irish sports betting authority issued the iGaming license…

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FTC to investigate in-game loot boxes
 The HALLO ECHO
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  The Federal Trade Commission (FTC) will investigate the loot boxes embedded with video games.   Maggie Hassan, New Hampshire Senator, requested the investigation early this year. FTC chairman Joe Simons told Hassan in a Senate Commerce subcommittee hearing that he would be looking into the matter in an official capacity. “Loot boxes are now…

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Latvia bans illegal gambling domains
 The HALLO ECHO
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  Lotteries and Gambling Supervisory Inspection of the Republic of Latvia (IAUI), the gambling regulator in the country, has blocked 20 illegal gambling websites in the country. IAUI has published the list of banned websites as well. The following websites are also included on the banned list in Latvia: grandfortunecasino.com, vippowerlounge.com, powerjackpot.com, powerjackpotcasino.com, classicjackpot.com, fruits4real.com,…

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Videoslots statement
 The HALLO ECHO
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  A spokesperson for Videoslots stated: “We confirm that Videoslots has entered a regulatory settlement with the UK Gambling Commission to conclude a review of our operating licence. Their investigations were part of a thematic review by the regulator into AML and responsible gambling compliance in the remote gambling industry. “We are pleased that the…

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Russian telecom regulator sues Google
 The HALLO ECHO
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  Roskomnadzor, the Russian telecom regulator, has filed a case against Google, for its failure to comply with local requirement of blocking illegal Russian gambling domains. Roskomnadzor had asked Google to link with the federal state information system and block the companies and domains blacklisted there. The federal state information system contains a continuously updated…

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Red Tiger Gaming Acquires MGA And AGCC Licences
 The HALLO ECHO
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  Casino Software provider further expands its regulatory footprint with licences in Malta and Alderney   Leading casino software supplier Red Tiger Gaming has acquired a critical gaming supply licence by the Malta Gaming Authority and a Category 2 Associate supply licence by the Alderney Gambling Control Committee to further expand its footprint in regulated…

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