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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 operates its Storspelare, Bingo.According to a Tuesday report from GamblingInsider....

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Jansen reportedly stated…“We see that illegal online providers are trying to take advantage of the current situation.Portfolio-wOn its website, Kindred explained that it……”initially made a different interpretation of what is considered a bonus and it is this interpretation which the SGA has disputed....

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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.”, was levied the fine by the SGA....

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We have seen consumers lured into what is known as a corona-free offering.According to a Tuesday report from GamblingInsider. The parties that do this, the providers themselves as well as their advertisers, can count on the KSA’s keen interest....

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Multi-state agreement:In related news, Kindred recently signed an agreement with Caesars Entertainment that provides it with market access in Iowa and Indiana, and potentially more states, to operate iGaming and online sports betting pending the passage of applicable local legislation and its receipt of the necessary gaming licenses.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.”...

 

 

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