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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 will appeal the SGA’s decision to obtain judicial guidance on how the new legislation should be interpreted.Offensive operations: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.According to a Tuesday report from GamblingInsider. During the spring in 2019, Kindred adopted a more restrictive interpretation of the law....
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.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.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....
Portfolio-w The parties that do this, the providers themselves as well as their advertisers, can count on the KSA’s keen interest.“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....
Jansen reportedly stated…“We see that illegal online providers are trying to take advantage of the current situation.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.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....
