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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.Kindred operates its Storspelare, Bingo....
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Kindred will appeal the SGA’s decision to obtain judicial guidance on how the new legislation should be interpreted. The KSA has since purportedly observed multiple operators attempting to exploit this situation by offering their services to Dutch players without a license.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’....
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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.“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.”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....
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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.”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....
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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. Kindred welcomes more clarity in these areas and continues to improve its operations to ensure full compliance,” the Maltese operator’s statement concluded. During the spring in 2019, Kindred adopted a more restrictive interpretation of the law....
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