Kindred Group faces further choppy regulatory waters to navigate in Scandinavia this week, receiving a sanction fee and warning from Spelinspektionen, the Swedish Gambling Authority (SGA). The SEK 10.9m (€998,000) penalty was handed out to the Stockholm-listed group’s Spooniker subsidiary – which operates the bingo.se, mariabingo.se, mariacasino.se, storspelare.se and unibet.se sites. Spooniker’s operations between January 2019 and February 2022 were …
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Soft2Bet awarded licence from the Irish Revenue Commissioners
Casino and sportsbook platform provider Soft2Bet has confirmed this week that it has been given a licence from the Irish Revenue Commissioners, enabling the firm to offer its extensive portfolio of casino games in Ireland. Soft2Bet’s entry into the Irish market marks yet another strategic move for the operator group which is in the process of expanding its global footprint …
Read More »LeoVegas to challenge Spelinspektionen ‘poor AML’ judgement
LeoVegas AB has launched an appeal against the SEK 2 million penalty (€200,000) issued by Swedish gambling inspectorate Spelinspektionen related to “shortcomings in the work against money laundering and terrorist financing”. Spelinspektionen communicated that LeoVegas had failed to comply in ensuring the risk-based AML safeguards of Sweden’s ‘Money Laundering Act’. The penalty notice specified that LeoVegas had failed to ‘risk …
Read More »New survey finds licensing ‘ignorance’ among Swedish gamblers
Only 5% of Swedes know how to check if an online sportsbook or casino holds a Swedish licence, according to a new survey by the Swedish Gambling Authority (SGA). The survey, carried out in collaboration with Novus using data collected from 1,737 interviewees, found that eight out of 10 Swedes have ‘probably’ not played at a site without a licence …
Read More »Soft2Bet launches MGA-licensed casino brand Cadabrus
Soft2Bet has launched its MGA-licensed operator brand Cadabrus, where players are welcomed by a rabbit with a love for magic tricks (click here or watch the video above). Cadabrus is the latest addition to Soft2Bet’s portfolio of more than 20 operator brands and follows on from the hugely successful launch of its first gamified online casino, jungle-themed Wazamba. As well …
Read More »BetConstruct takes next strategic step through Swedish licence
BetConstruct has been awarded an online gambling and betting licence for its sportsbook and casino products by the Swedish Gambling Authority (SGA), or Spelinspektionen. The new licence, granted to the firm’s B2C subsidiary Vivaro Limited, allows BetConstruct to operate in Sweden – where 97 companies now have active licences. It covers sports betting and online gaming via the Vbet and …
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