Tag Archives: Norwegian Lotteries Authority

Kindred decries Norwegian Trannel order as ‘unlawful’

SBC News Kindred decries Norwegian Trannel order as ‘unlawful’

Kindred Group has faced significant regulatory hurdles in the Nordic markets over the past week, with two of its subsidiaries falling foul of authorities in Norway and Denmark.  Last week, the Norwegian Lotteries Authority informed the Nasdaq Nordic-listed gambling group’s Trannel International brand that it would be hit with a daily fine of NOK 1.2 million (€120,000) if it does …

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Kindred’s Nordic regulatory hurdles continue as Unibet faces Danish reprimands

Cashpoint indicted by Danish Gambling Authority for due diligence failures

Unibet has been handed one order and five reprimands by Spillemyndigheden, the Danish Gaming Authority, for ‘a number of breaches’ of KYC and AML requirements.  It was found that the Kindred sports betting brand’s AML strategy left the firm exposed to an increased risk of money laundering. In particular, the operator was found to have ‘not sufficiently made a risk …

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