Posts Tagged :

Spelinspektionen

Swedish Gambling Authority decides on warning and sanction fee for LeoVegas

 The HALLO ECHO
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  LeoVegas was today issued a warning and sanction fee of SEK 2M  (cca: 195K Euro) by the Swedish Gambling Authority. According to the regulator, the company is considered to have been in breach of certain customer due diligence routines with respect to its Swedish customers, during the first year of the Swedish market being…

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Regulator-Issued Sanctions to Gambling companies in Q1 2021 Exceed First Half Total of 2020

 The HALLO ECHO
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  A New report from gambling compliance tracker website GamblingIndustryfines.com has tracked over £24m / $33m in gaming operator fines for the first quarter of the year. The report shows that European and UK gambling regulators Issued more fines to gambling companies in the first quarter of 2021 than they levied in the first half of 2020 Between…

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Videoslots statement regarding Swedish Gambling Authority injunction

 The HALLO ECHO
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  A spokesperson for Videoslots said: “Videoslots notes the decision made by the Swedish regulator and is pleased that it confirms compliant implementation of the bonus, deposit and time limits put in place by the Swedish government to counter a perceived increase of risks during the COVID-19 pandemic. “According to the decision, these regulations also prohibit the withdrawal-related functionality which remained in question. We will comply…

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Swedish Court Upholds Fine Against Casino Cosmopol

 The HALLO ECHO
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  Casino Cosmopol, the land-based casino brand of Svenska Spel, has lost its appeal against a fine for anti-money laundering failings back in 2018. The Swedish Court of Appeal found that the SEK3m fine imposed was appropriate, dismissing both the operator’s appeal and an appeal from the national gaming regulator Spelinspektionen to have the amount…

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Swedish Regulator Penalises ATG and Spooniker Over Deposit Cap Loophole

 The HALLO ECHO
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  Swedish Gambling Authority Spelinspektionen has fined both Kindred brand Spooniker and former racing monopoly AB Trav och Gallop (ATG) SEK1m a week after discovering a loophole that allowed customers to circumvent the country’s controversial deposit cap. Both sanctions come from a July 2020 inspection in order to ensure that operators were complying with the…

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Sweden’s Spelinspektionen to Ban Betting on Sporting Violations

 The HALLO ECHO
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  Spelinspektionen, the Swedish gambling regulator, is going to implement a ban on betting on sporting violations, including yellow and red cards, free kicks and penalties in football from 1 January 2021. The regulator will also ban betting on all but the top four divisions of football in Sweden (Allsvenskan, Superettan, Division 1 Norra and…

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