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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 will appeal the SGA’s decision to obtain judicial guidance on how the new legislation should be interpreted.On 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....
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 welcomes more clarity in these areas and continues to improve its operations to ensure full compliance,” the Maltese operator’s statement concluded. We have seen consumers lured into what is known as a corona-free offering....
Kindred operates its Storspelare, Bingo.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.com reported that Jansen moreover instructed that the current situation may furthermore lead to postponements in applications to operate slots or a lottery in addition to decisions relating to trademarks and ongoing legal proceedings....
The KSA has since purportedly observed multiple operators attempting to exploit this situation by offering their services to Dutch players without a license. We have seen consumers lured into what is known as a corona-free offering., was levied the fine by the SGA....
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