POSITION:Betting Newspapers > News > Kindred’s historic Sweden fine reduced to SEK30m

Kindred’s historic Sweden fine reduced to SEK30m

Updated:2024-06-17 09:37    Views:71

The Administrative Court of Appeal in Jönköping has ordered a historic fine for the Spooniker subsidiary of Kindred to be reduced for the second time, with the amount now being set at SEK30m ($2.8m).

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Sweden gambling regulator Spelinspektionen first issued Kindred with a fine and penalty in March 2020. At the time, the penalty fee, referencing offering unauthorised bonuses and lotteries without a licence, was set at SEK100m.

Licensees in Sweden can only offer sign-up bonuses to customers, with all other offers being prohibited. However, checks on Kindred-owned Unibet, Maria Casino, Storspelare, Bingo and iGame websites in March 2019 uncovered various unauthorised bonuses. These included an online bingo loyalty scheme.