Betfair – Highly Aligned Leaders in Legal Operations

Swedish Gambling Regulator Imposes SEK4M Fine on Betfair

The HALLO ECHO The HALLO ECHO https://secure.gravatar.com/avatar/9019cb49f8ca42953ce7d3f0d64568ea?s=96&d=mm&r=g April 28, 2023 April 28, 2023

By: The HALLO ECHO

April 28, 2023

The Swedish gambling regulator has ordered Betfair to pay a penalty fee of SEK4m for offering betting on Under-21s football matches. Spelinspektionen said the violation, which breaks regulations around betting on only the top four leagues in Sweden, was “serious” and “occurred systematically”. Betfair has also received a warning from the regulator after its…

Betfair Receives Five-year iGaming License in Colombia

The HALLO ECHO The HALLO ECHO https://secure.gravatar.com/avatar/9019cb49f8ca42953ce7d3f0d64568ea?s=96&d=mm&r=g February 8, 2021 February 8, 2021

By: The HALLO ECHO

February 8, 2021

Coljuegos, the gambling regulator in Colombia, has awarded a five-year igaming license to sports betting exchange Betfair. The license will allow Betfair to operate betting on real sporting and non-sporting events, online slots, roulette, and blackjack. The operator is expected to contribute COP$23bn ($6.5m) to the Colombian economy. Coljuegos said that with the approval…