Compliance Updates

Spelinspektionen Imposes Fine on Two More Operators for Bonus Rule Violation

Published

6 years ago

June 4, 2019

Niji Narayan

Swedish Gambling Regulator Fines Snabbare for AML Failings

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Sweden’s Spelinspektionen has fined two more operators, after Betway and Mandalorian, for violating bonus offer rules.

AG Communications Limited and Genesis Global Limited were recently fined by Spelinspektionen for violations of Sweden’s rules for offering bonuses to local customers. AG Communications got a SEK500,000 fine while the other operator was fined SEK1.7 million.

Under the Sweden’s gambling law, licensed operators are only permitted to offer one-time bonuses to new customers when they sign up with them. Any other bonus or other similar incentive offered to gamblers is considered a violation of the rules.

The two companies also received warnings by the Swedish gambling regulator. Spelinspektionen has previously said that repeated violations of Sweden’s gambling law could even cost operators their licenses.

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

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