Sweden

administrative-court-of-appeal-reduces-kindred’s-sanction-fee-from-2020

Administrative Court of Appeal Reduces Kindred’s Sanction Fee from 2020

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Reading Time: < 1 minute   The Administrative Court of Appeal in Jönköping (Sweden) has reduced the sanction fee that Kindred Group received in 2020 for bonus rules violations in 2019. The sanction fee of SEK 100 million ordered by the Swedish Gambling Authority (SGA) was reduced by the Administrative Court to SEK 50 million.…

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Swedish BOS rejects the proposal “A new ban on gambling on credit”

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Reading Time: < 1 minute   The Swedish Trade Association for Online Gambling (BOS) submits its statement to the Ministry of Finance on the memorandum “A new ban on gambling on credit”, in which a ban on credit cards for gambling is proposed. BOS rejects the proposal. This is justified by Gustaf Hoffstedt, Secretary General…

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Spillemyndigheden: Anti-Money Laundering- A report to the police must be followed up by a notification

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Reading Time: < 1 minute   Notifications to the Money Laundering Secretariat is one the most important sources of information on money laundering and financing of terrorism. A notification is information about a potentially criminal act, and it cannot be replaced by a report to the police. Gambling operators are obligated to notify in accordance…

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Playnetic strengthens European presence with licence to operate in Sweden

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Reading Time: < 1 minute   Playnetic, the new immersive B2B iGaming provider has announced that it has been granted a Swedish licence, following regulatory approval from the Swedish Gambling Authority, Spelinspektionen.  The licence allows Playnetic to launch its catalogue of innovative iGaming titles in Sweden, enabling the company to finalise partnerships with prominent operators…

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Swedish Regulator Issues SEK300,000 Fine to Yggdrasil for Supplying its Online Gaming Software to Unlicensed Operator

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Reading Time: 2 minutes   Spelinspektionen, the Swedish gaming regulator, has issued a SEK300,000 (€26,200) penalty fee and a warning to Yggdrasil for allegedly supplying gaming software to an unlicensed company operating in Sweden. Yggdrasil received its software licence on 22 March 2023. This permitted it to create, supply and install gaming software used for…

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Anger in the Industry After the Swedish Gambling Authority’s Acquittal of Infiniza

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Reading Time: 2 minutes   Last Friday, Di wrote about how the Swedish Gambling Authority closed an investigation into the Malta-based casino operator Infiniza, whose online casino, according to the authority’s assessment, is not aimed at Swedes. This is after the company changed the payment operator, i.e. who manages the transfer of gambling money from…

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