Four More Gambling Operators Spelinspections
The Swedish Gambling Authority today reported that four local licenced operators were being charged large fines for betting on sports activities involving a majority of minors sbo mobile. Come On Sweden Ltd., a website running Comeon.com and comeon.se, Hajper Ltd., which operates hajper.com, Legolas Invest Ltd., which operates and mobile and Faster Ltd., which is running faster.com, were the last operators to be disciplined with the Swedish gambling watchdog.
News of Spelinspektionen’s most recent fines came after eight locally licenced businesses were fined for related breaches last month. Among those penalised by Agency last month were gambling giants bet365, The Stars Group, and Flutter Entertainment Group.
Spelinspektionen today said it has transferred the last four penalties after its finding that the operators involved had been involved in a sporting event where most players were less than 18 years old. According to the Swedish gaming rule, local licenced players shall not place bets on children’s activities. Companies, for instance, cannot manage U19 and U21 bets.
In addition to heavy fines for six and seven figures, Spelinspektionen also warned erring operators that any potential breach could lead them to far greater regulatory trouble.
The Fined Agency
Spelinspektionen said it had fined Come On for its breaches with a fine of approximately SEK6 million (approximately $620,070 million). Come On is a member of the Swedish Cherry AB gambling club https://www.55winbet.com/th/th-th/product/sports. The online gaming agent operates comeon.com Web sites and comeon.se Web sites in the Scandinavian nation as described above. The company announced last month that it would increase its footprint in Scandinavia following an internet and sports betting.
The regulator said earlier today that Hajper was hit by the Spelinspektionen with a fine of 4.5 million SEK (approximately $465,052). The corporation is authorised to run the website in Sweden.
Legolas Invest has been forced to pay for its breaches SEK100,000 (approx. $ 10,334). Faster was the one who levied the highest fine of the four newly fined operators. The corporation was punished for taking bets that broke Swedish law on their faster.com website with the penalty of SEK9.5 million ($981,777).
Spelinspektionen has punished many operators since the reorganisation of the Swedish online gaming industry for infringements of various nature, including those relating to the bonus offer rules and policies for self-exclusion in the region.
In June, Global Gaming’s licence was suspended by the regulation authority, noting significant shortcomings in KYC and anti-money laundry activities. The Ninja Casino brand operator is Global Gaming. Spelinspektionen was promptly appealed by the corporation but was ordered, when its licence revocation was under investigation, to cease the Swedish activities.
Global Gaming tried to be able to reopen its activities in Sweden during the review process, but up until now three tribunals have decided not to return to the local market. The Sweden’s Gambling Authority gave the 8 operators a slap on their wrist to provide sports activities for the bulk of entrants less than 18. The new Swedish gaming regulation, which came into force in January, bans betting opportunities for certain activities.…