Compliance Updates

Swedish Gaming Authorities Impose Fine of €9745 on Betway

Published

4 years ago

December 15, 2021

Niji Narayan

Reading Time: < 1 minute

The Swedish gaming authorities have imposed a reprimand and penalty fee on Betway for unauthorised bonus offers.

Betway infringed on a rule that states that gaming companies with a Swedish licence may only offer a bonus at the first gaming opportunity.

Betway used a marketing campaign of 200% match bonus and players have been able to take advantage of a bonus more than once, said a statement from the Swedish Gaming Inspectorate.

There were, however, “mitigating circumstances,” notably that the violation took place over a short period of time and Betway took immediate corrective measures. A sanction fee of €9745 was imposed.

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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.