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”Later that same year in May and June, additional checks by the gambling authority uncovered bonus offers that were reportedly in violation of the Gaming Act, with games not within the scope of the company’s license also being offered.”Intervening interruptions:The KSA also purportedly advised those firms who had applied for a local online gaming license that the coronavirus-related shutdown may lead to processing delays....
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’.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....
Jansen reportedly stated…“We see that illegal online providers are trying to take advantage of the current situation.“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.“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....
After in March 2019 reviewing the gaming company’s website and subsequently finding that it offered “several different unauthorized bonuses,” Kindred subsidiary, Spooniker Ltd.”Intervening interruptions:The KSA also purportedly advised those firms who had applied for a local online gaming license that the coronavirus-related shutdown may lead to processing delays. Kindred welcomes more clarity in these areas and continues to improve its operations to ensure full compliance,” the Maltese operator’s statement concluded....
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. Kindred welcomes more clarity in these areas and continues to improve its operations to ensure full compliance,” the Maltese operator’s statement concluded.”Intervening interruptions:The KSA also purportedly advised those firms who had applied for a local online gaming license that the coronavirus-related shutdown may lead to processing delays....
