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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.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.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....
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 killeloki casino 10 blokd 58 locals.com and CasinoBeats.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....
Until recently issued warnings and fines issued to other licence holders are tried in court and enforced, Kindreloki casino 10 blokd will continue to adopt a strict interpretation.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.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’....
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.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....
”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.Offensive operations:GamblingInsider. Kindred will appeal the SGA’s decision to obtain judicial guidance on how the new legislation should be interpreted....
