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According to a Tuesday report from GamblingInsider.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.Offensive operations:GamblingInsider....
Portfolio-w“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. Until recently issued warnings and fines issued to other licence holders are tried in court and enforced, Kindreruby slots promo code 2022 ivacd will continue to adopt a strict interpretation....
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’. 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....
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 will appeal the SGA’s decision to obtain judicial guidance on how the new legislation should be interpreted.com, the warning comes after the country decided to shutter every one of its 14 land-based casinos until early April so as to help stop the spread of a highly-contagious coronavirus strain that has so far killeruby slots promo code 2022 ivacd 58 locals....
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