Tag Archives: mr green

William Hill Swedish subsidiaries ordered to pay fines on reporting failures

Spelinspektionen – Sweden’s Gambling Inspectorate – has notified that the William Hill subsidiaries of Evoke Gaming and Mr Green Limited have received fines totalling SEK 1.45 million (€140K). The fines concern the subsidiaries failure to match the inspectorate’s standards on key operator reporting duties. “The companies have for a long time had shortcomings in their reporting and what has been …

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Mr Green sees SEK 30m Swedish AML penalty appeal rejected 

Mr Green has had its appeal against Swedish gambling inspectorate Spelinspektionen rejected by the Administrative Court of Linköping. Last Summer, William Hill’s European online gambling subsidiary was fined penalties totalling SEK 31.5 million (€3.1m) by Spelinspektionen for ‘failing to comply with due diligence and AML duties in order to protect customers’. Spelinspektionen ordered Mr Green to pay a SEK 1.5 …

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888 nets £250m deal reduction on William Hill takeover terms 

The board of 888 Holdings has notified investors that it has reached an agreement with Caesars Entertainment to amend the terms of its acquisition of William Hill.  Citing a change in macroeconomic conditions and regulatory/compliance factors since the deal was initiated on 9 September 2021, Caesars has agreed to lower its enterprise valuation of William Hill from £2.2bn to £1.95/ …

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LuckBox appoints growth expert Bo Wänghammar as a corporate advisor

Real Luck Group, the managing company of esports wagering platform LuckBox, has confirmed the appointment of Bo Wänghammar as a Non-Executive Director of its board.  An expert in online gambling enterprise strategies, Wänghammar is the former Director of International Projects and MD of Casino for PokerStars (2017-to-2019) prior to the business transformative $6billion merger with Flutter Entertainment. Prior to PokerStars, …

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888 nets 5x profit jump ahead of critical B2C portfolio enlargement 

888 Holdings has branded 2021 as a year of ‘strategic progress’, in which the company has realised its transformative objective to become a global leader in online betting and gaming.  Full-year 2021 trading saw 888 register record group revenues of $980 million, up 15% on corresponding FY2020 results of $850 million. Headline growth was achieved despite 888 countering “$70-100 million …

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Swedish Inspectorate to maintain safer gambling momentum as market expands

The betting and gaming market in Sweden has continued to grow in 2021, in terms of total sales and consumer numbers, according to the Swedish Gambling Inspectorate, Spelinspektionen. Publishing its full year report for 2021, Spelinspektionen reported that total Swedish gambling sales – meaning stakes minus winnings paid out – for the entirety of the country’s gambling market amounted to …

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Mr Green reprimanded for Danish AML failings

Mr Green has been issued with a warning from Spillemyndigheden, Denmark’s Gambling Authority after being found to have breached know your customer sections of its anti-money laundering act. The reprimand relates to the online casino’s source of funds protocols, after a “young player” deposited DKK 325,000 (£36,601) to his account during the course of a year. This, says the regulator, was …

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William Hill’s Evoke ordered to re-verify its Swedish customer base  

William Hill records further Swedish compliance struggles, as its Evoke Gaming subsidiary is demanded to re-verify player accounts registered during 2019 by gambling inspectorate Spelinspektionen. An investigation by Spelinspektionen outlined a number of verification discrepancies related to customers registered by Evoke brands during the period of January-to-July 2019. Spelinspektionen’s investigation focused on Evoke’s management of its licensing duties, in which …

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Spillemyndigheden launches ROFUS rights campaign for Denmark

Spillemyndigheden, Denmark’s Gambling Authority, has launched a new national campaign promoting its ROFUS self-exclusion gambling service. Launched this September across social media and TV networks, the campaign reminds Danish consumers of their rights to ask licensed operators to ‘take-a-break’ and self-exclude from all gambling engagements. 2018 reforms to the Danish Gambling Act demanded that all licensed online gambling operators refer …

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Danish Spilreklamenævnet rules against Mr Green on Christmas complaint

Denmark’s Gaming Advertising Board, Spilreklamenævnet, has made a decision regarding a complaint concerning a Mr Green advertisement shown in December 2020 before a family TV show. The complaint in question revolved around a commercial for the William Hill-owned online casino operator shown before the family entertainment Juleønsket Christmas programme on the TV2 network.  A majority decision by Spilreklamenævnet ruled against …

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