Kindred Group outsmarted the Swedish Gambling Authority

Industry
April 20, 2021By Svyat
More like this
TOP 10 Slots with Megaways Mechanics TOP 10 Slots with Megaways Mechanics

Popularity and Benefits of the Megaways Mechanic The concept of Megaways has caused a significant shift in the gambling industry...

August 17, 2023By Svyat
TOP 10 Low Volatility Slots TOP 10 Low Volatility Slots

Top 10 Low Volatility Slots Low volatility slots are the perfect choice for lovers of low-risk, measured play. Prefer to...

August 11, 2023By Svyat
TOP 10 Slots with Avalanche Mechanics TOP 10 Slots with Avalanche Mechanics

Cascading Fortunes: Exploring the Top 10 Slots with Avalanche Mechanics Greetings to you, dear gambling fans! Are you ready to...

August 08, 2023By Svyat
TOP 10 Slots with Very High Volatility TOP 10 Slots with Very High Volatility

High-Risk, High-Reward: Top 10 Slots with Sky-High Volatility Dear gambling enthusiasts and adrenaline lovers eager for new challenges and impressions! ...

August 01, 2023By Svyat
TOP 10 Summer Slots TOP 10 Summer Slots

Sun-Kissed Reels: Top 10 Summer-Themed Slots for Your Seasonal Escape Greetings, dear readers! Summer is here, and with it comes...

July 27, 2023By Svyat
TOP 10 Best Slots from BGaming TOP 10 Best Slots from BGaming

Briefly about why you should trust BGaming BGaming is a leading online slots provider that has long-established itself as a...

July 17, 2023By Svyat
The successful partnership of Pariplay and Codere The successful partnership of Pariplay and Codere

In May 2021, the news spread in the gaming business about the cooperation of the Maltese online game provider Aspire...

May 14, 2021By Svyat
Catena Media bought 100% of Lineups.com stocks for distribution in the US Catena Media bought 100% of Lineups.com stocks for distribution in the US

Catena Media is a popular media Malta-based company that was established in 2012 and spread over the world just in...

May 10, 2021By Svyat
Pixelbet Improves The Quality Of Its Services Pixelbet Improves The Quality Of Its Services

A few days have passed since the signing of an interesting agreement between Gaming Innovation Group (GIG) and online operator...

May 10, 2021By Svyat
LeoVegas Takes a New Height LeoVegas Takes a New Height

Online casinos continue to make good profits. This is well known in New Jersey. Thanks to this, LeoVegas Group has...

May 17, 2021By Svyat
Weekly slot games releases 2 May - 9 May Weekly slot games releases 2 May - 9 May

El Paso Gunfight xNudge Nolimit has once again captured the Wild West with their new game El Paso Gunfight xNudge®....

May 09, 2021By Svyat
Pragmatic Play strengthens ties with Kaizen Gaming Pragmatic Play strengthens ties with Kaizen Gaming

The world-renowned supplier in the field of gaming business "Pragmatic Play" has entered into a partnership agreement with the brand...

May 11, 2021By Svyat
Evolution provides several brands in the UK with slot games and live dealers Evolution provides several brands in the UK with slot games and live dealers

Evolution Gaming or just Evolution as it has been called since October 2020 received licences to establish internet-casino services for...

May 05, 2021By Svyat
Weekly slot games releases 26 April - 2 May Weekly slot games releases 26 April - 2 May

Robin - Sherwood Marauders Yggdrasil has launched the legendary game Robin - Sherwood Marauders Yggdrasil is the world's leading publisher...

May 02, 2021By Svyat
LeoVegas opens personal gaming studio Blue Guru Games LeoVegas opens personal gaming studio Blue Guru Games

LeoVegas Mobile Gaming Group made an announcement of a new in-house gaming facility. With the help of LeoVentures (subsidiary of...

May 04, 2021By Svyat

Sweden's gaming regulator is said to appeal a ruling that overturned penalties it had previously imposed on prominent operator iGaming Kindred Group for violating domestic rules concerning deposit limits at online casinos.

Guided by a report Monday from iGamingBusiness.com, watchdog Spelinspektionen fined the Maltese operator in December after discovering that sites operated by its subsidiary Spooniker Limited had allowed Swedish players to deposit greater than $585 per week. One source elaborated on how it was a temporary six-month deadline imposed in July and then extended for another six months to restrict to limit troubled gambling in a time when there is a pandemic coronavirus.

Kindred Group allegedly did not contest that Swedish players could deposit the $585 value limit on domains operated by Spooniker Limited. It nevertheless argued that such customers still could not bet over that limit for a week on games at an online casino. Therefore, the operator allegedly claimed that anyone who parks above this maximum is likely using its sports betting services, which cannot possibly get paid for by the deposit limitation protocol.

The Linchpin Administrative Court allegedly accepted this remedy previously this month. It overturns the Spelinspektionen fine that had been imposed on the Spooniker Limited domains by injunctions. As well as a fine of about $117,140 for every week during which they ran without closing the deposit-limit gap.

Yet the regulator reports that it has now appealed the case to the Supreme Administrative Court on Appeals in Jonkoping. It has based on a claim a court's previous treatment of the deposit limit provision at online casinos would lead to the guarantee "losing its meaningfulness the consumer rights provision." Attorneys serving on the watchdog's behalf allegedly argued that it was also not a fair reading under the prevailing competitiveness rule since it allows iGaming companies to " seamlessly circumvent account limits" by offering both sports betting and gambling.

A Lindsensing Administrative Court interpretation would also mean at the same time that a licensee serving as a provider of commercial games and betting could easily avoid the limit on deposits, whereby a licensor offering only online commercial games cannot do so.

Corresponding news and iGamingBusiness.com also reported that earlier this month, the Swedish government posted a proposal under which the controversial deposit limit threshold rule may be further till Nov. 14. The proposal, put forward by Social Security Secretary Ardalan Shekarabi, allegedly bans operators from selling bonuses over $11.80 to gamers. It requires online casino players to put in place individual time limits.

Comments

Sign-in to add comment.