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Kindred operates its Storspelare, Bingo., was levied the fine by the SGA.”...

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The parties that do this, the providers themselves as well as their advertisers, can count on the KSA’s keen interest.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.In the Netherlands and the Kansspelautoriteit (KSA) gambling regulator has reportedly announced that it will take decisive action against any unlicensed online casino firm who may decide to begin illegally offering services to the nation’s players....

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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’.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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After in March 2019 reviewing the gaming company’s website and subsequently finding that it offered “several different unauthorized bonuses,” Kindred subsidiary, Spooniker Ltd.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’.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....

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Portfolio-wPenalty 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.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....