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Malta-based online gambling operator, Kindred Group, has been fined SEK 100m (m) by the Swedish Gambling Authority (SGA) for offering customer bonuses and incentives in such a way as to be considered an infraction of the Swedish Gambling Act.“Kindred is of the opinion that the Swedish Gambling Act adopted on 1 January 2019 has been vague in areas related to commercial activities and thereby creating unnecessary ambiguity.In the Netherlands and the Kansspelautoriteit (KSA) gambling regulator has reportedly announced that it will take decisive action against any unlicensed online casino firm who may decide to begin illegally offering services to the nation’s players....

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” Kindred will appeal the SGA’s decision to obtain judicial guidance on how the new legislation should be interpreted. We have seen consumers lured into what is known as a corona-free offering....

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com cited the regulator’s Chairman, Rene Jansen, as describing such illicit actions in the Netherlands as ‘unacceptable’ and ‘completely objectionable’ before advising firm’s utilizing such tactics that these ‘will weigh heavily in a possible application for an online gambling license’. Kindred will appeal the SGA’s decision to obtain judicial guidance on how the new legislation should be interpreted. Kindred will appeal the SGA’s decision to obtain judicial guidance on how the new legislation should be interpreted....

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, was levied the fine by the SGA.Penalty equal to the offense:The findings, resulting in the regulatory body issuing a warning and sanction fee to the company, with the steep penalty fee commensurate with the number of violations in addition to the subsidiary’s high turnover.Jansen reportedly stated…“We see that illegal online providers are trying to take advantage of the current situation....

 

 

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