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Rootz Receives German Licence

The HALLO ECHO The HALLO ECHO https://secure.gravatar.com/avatar/9019cb49f8ca42953ce7d3f0d64568ea?s=96&d=mm&r=g September 26, 2022 September 26, 2022

By: The HALLO ECHO

September 26, 2022

Rootz Ltd has received a licence for the operation of online slot games in Germany. Germany passed the State Treaty on Gambling in the summer of 2021, with the federal and state governments creating for the first time a nationwide regulation for the operation of online slot machines. The regulation has a particular focus…

Evolution Loses $3 Billion of Market Value on Illegal Gaming Accusation

The HALLO ECHO The HALLO ECHO https://secure.gravatar.com/avatar/9019cb49f8ca42953ce7d3f0d64568ea?s=96&d=mm&r=g November 19, 2021 November 19, 2021

By: The HALLO ECHO

November 19, 2021

Swedish gaming company Evolution AB lost about $3 billion in market value on Wednesday, after a U.S. law firm accused it of operating in countries such as Iran, in violation of U.S. sanctions. The maker of online slot machines and roulette games has grown rapidly as more people turned to online gambling during the…