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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.Reportedly read a statement from Jansen…“It may also take longer for a change request to be processed, for example in the context of a current permit....

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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. During the spring in 2019, Kindred adopted a more restrictive interpretation of the law.On the heels of another strategic partnership agreement, B2B gaming solution provider Oryx Gaming has inked a content integration deal with German-facing operator CasinoSecret via its Oryx Hub iGaming platform....

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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. The KSA has since purportedly observed multiple operators attempting to exploit this situation by offering their services to Dutch players without a license.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....

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Portfolio-wPortfolio-wAccording to a Tuesday report from GamblingInsider....

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On the heels of another strategic partnership agreement, B2B gaming solution provider Oryx Gaming has inked a content integration deal with German-facing operator CasinoSecret via its Oryx Hub iGaming platform. The KSA has since purportedly observed multiple operators attempting to exploit this situation by offering their services to Dutch players without a license.”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....