Truegame strengthens its positions by acquiring Curaçao Gaming License
The HALLO ECHO

  Truegame -a fully implemented blockchain-based iGaming platform announced obtaining of Gaming License of Curaçao.   A smart contract based iGaming platform Truegame has proudly announced acquiring of its first license – a Gaming License under the jurisdiction of Curaçao. The team considers this step to be one of the most significant milestones in the…

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Philippine Appeals Court orders PAGCOR to issue casino license
The HALLO ECHO

  Philippines Court of Appeals has upheld a lower court ruling ordering the Philippine Amusement and Gaming Corp. to issue a license for Waterfront Philippines to operate an IR in Manila’s Entertainment City. Waterfront first filed a petition for mandamus in March 2015, saying it had submitted all requirements – including a $100-million cash deposit…

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UK Gambling Commission takes widespread regulatory action
The HALLO ECHO

  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

  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

  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

  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

  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

  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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