Compliance Updates
Swedish regulator slaps penalty on Paf and Genesis Global

Spelinspektionen, the gaming regulator of Sweden, has fined gaming companies Genesis Global Limited and Paf Consulting Corporation for their failure as per the new gaming act in the country, which became effective from 1 January 2019, all gaming companies with a Swedish license should join the self-shutdown registry.
The first few days after the launch, the Gaming Inspector was contacted by people who had been able to play even though they had shut down in the register. The Gaming Inspectorate, which provides Spelpaus.se, then initiated supervision. Now, the Gaming Inspectorate has decided on a penalty fee for the license holders Genesis Global Limited and Paf Consulting Corporation: Genesis receives a warning and a penalty fee of SEK 4,000,000. Paf receives a remark and a penalty fee of SEK 100,000.
Genesis provides games on the sites casinojoy.com, spel.com, casinocruise.com, spinit.com, sloty.com, vegashero, com, pelaa.com and casinogods.com Paf provides games on the websites paf.com and paf.se.
Those who join Spelpaus turn off from all licensed games in Sweden that require registration. In addition, gaming companies must not send direct mail to those who have turned off.
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