Posts Tagged :

gambling products

Singapore Gambling Regulatory Authority Officially Inaugurated

 The HALLO ECHO
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  Singapore officially inaugurated its new gambling regulator – the Gambling Regulatory Authority (GRA) – on August 16. GRA aims to stay ahead of new and global trends in the gambling industry and aims to respond more effectively to emerging gambling culture and products, particularly the lines between gambling and gaming are blurring. “The gambling…

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Dutch Court Rules Loot Boxes are Not Gambling

 The HALLO ECHO
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  A penalty issued by the Dutch gambling authority Kansspelautoriteit (KSA) to Electronic Arts (EA) has been revoked after a Dutch court ruled that loot boxes are not considered gambling products. The judgement was handed down by the Administrative Jurisdiction Division of the Council of State, part of the District Court of the Hague. The…

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Spanish Gambling Regulator Launches Consultation on Loot Box Ban

 The HALLO ECHO
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  Spanish gambling regulator the Dirección General de Ordenación del Juego (DGOJ) has opened a consultation asking whether loot boxes should require new regulation, be regulated as gambling products or prohibited entirely. The DGOJ pointed out that loot boxes have “quickly become a very relevant business model” in both paid and free-to-play games. It said…

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Ireland Implements Interim Gaming and Lotteries Act

 The HALLO ECHO
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  The new interim Gaming and Lotteries Act in Ireland has come into force, modernising the promotion of gaming and standardising a minimum age of 18 for all gambling products. The interim Act has been introduced ahead of a more comprehensive overhaul of gambling regulation planned for next year. James Browne, minister with special responsibility…

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Greece Prohibits Advertisement on Online Slots

 The HALLO ECHO
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  The Greek government has implemented tough norms on online gaming and advertising. As per the new norms, the maximum stakes of random number generator (RNG) games is limited to of €2, and maximum prizes are limited to €5000. The slot games  should not be advertised anywhere outside of an operator’s own website. Gambling products…

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