Ireland okays loot boxes
 The HALLO ECHO
By:
0
0

  The Irish government has decided to buck the popular trend about the controversial loot boxes and categorically stated that loot boxes do not fall under the ambit of gambling. It must be noted that 15 countries and several regulators, ranging from Washington State to Poland, have so far brought regulation against skins gambling and…

read more
Georgia invites bids for controlling gambling business in the country
 The HALLO ECHO
By:
0
0

  In an interesting new development, the Revenue Service of the Ministry of Finance of Georgia has released a tender document on its official website, which basically invited bidders for a project that offers a mechanism for controlling gambling business in the country.  “To date, the Revenue Service has no mechanism to establish and carry…

read more
Armenia amends gambling and advertising regulations
 The HALLO ECHO
By:
0
0

  Armenia has amended its laws related to gambling and advertisement. As per the new regulations, only the local gambling operator will be allowed to advertise in the country. An additional requirement is that gambling advertising should be targeted at citizens over 21 years of age. Advertising of gambling on radio and TV will be…

read more
Romania cancels gambling licenses
 The HALLO ECHO
By:
0
0

  In a surprising move, Romania’s gambling regulator, Oficiul National Pentru Jocuri de Noroc (ONJN), has temporarily suspended gambling licenses of two operators. Online gambling operator, Sea-Bet Limited, and fixed-odds betting licensee, Bet Club Sistem SRL, are the companies whose licenses were suspended. The reason for the license cancellation is not known. Sea-Bet, which is…

read more
UK Gambling Commission penalty imminent for Stride Gaming
 The HALLO ECHO
By:
0
0

  Stride Gaming, the UK-based online gambling company, is bracing for a hefty fine from the UK Gambling Commission (UKGC). The fine is expected to be around GBP 4 million. The reason for the fine is still not clear. The Commission has basically found faults with Stride’s functioning after a review of Stride’s activities. The…

read more
MGA – Treatment of Intermediaries under the new Gaming Act
 The HALLO ECHO
By:
0
0

  The Malta Gaming Authority hereby notifies its licensees and the general public that with the coming into force of the new Gaming Act (Cap. 583 of the Laws of Malta), the regulatory treatment of what previously used to be called ‘intermediaries’ is to be assessed in light of the Gaming Authorisations Regulations (S.L. 583.05)…

read more
Peru to legalise sports gambling
 The HALLO ECHO
By:
0
0

  Peru is on the verge of legalising sports betting. Bill 3397/2018-CE, has been introduced in the parliament of the country by Percy Eloy Alcala Mateo of the Fuerza Popular party to make this happen. The bill has comprehensive proposals covering all the aspects of sports wagering. One of the bill’s proposals is that sportsbooks…

read more
Armenia toughens stance against legal gaming
 The HALLO ECHO
By:
0
0

  Nikol Pashinián, the prime minister of Armenia, has voiced his concerns about the “social problems in village communities” that the growing gambling activity in the country causes. He urged that “these devices should simply be removed.” “How should we organise this in order for us to truly solve this problem accurately, this is a…

read more