- Casino
- By State
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- Georgia
- Florida
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Massachusetts
- Maryland
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
- By State
- Slots
- Poker
- Sports
- Esports
Kindred Group Accepts $1.3M Swedish Fine, Shows Improvement

Spelinspektionen or the Swedish Gaming Authority has issued a new warning and fine to Kindred Group, an established gambling company in the country, with the regulator arguing that the Group had fallen short of meeting certain regulatory standards. Spelinspektionen has taken issue with what it argues are insufficient measures assessing the potential risk of the Group’s services being used for money laundering or the funding of terrorism.
AML and CFT Shortcomings Addressed by Spelinspektionen
Kindred will have to now pay a SEK10.9 million fine ($1.03 million) in the Nordic country over the shortcomings of its wholly owned subsidiary Spooniker Ltd. The Spelinspektionen noted that Spooniker missed Enhanced Due Diligence requirements and will need to improve.
The offenses happened between January 2019 and February 2022, but Kindred Group has been working hard to pass the necessary changes to remedy the situation since 2021. The changes that Kindred Group has undertaken include but aren’t limited to improved AML procedures, including Enhanced Due Diligence which will ensure that Suspicious Transaction Reports (STR) will be submitted to the financial police to contravene potential crimes.
Kindred Group has also introduced thorough customer risk assessments and a number of financial indicators and backstops to ensure that customers are playing within their means. The Group has further expanded its AML team to manage the increased requirements in maintaining all Group properties in line with regulatory norms and expectations.
Kindred Group also noted in an official statement that it fully accepted Spelinspektionen’s commitment to making sure that the industry operates to the highest possible anti-money laundering standards.
Necessary Measures Passed to Remedy the Situation
The Group has expressed its own ambition to enforce objective and effective AML risk parameters. Kindred confirmed that the appropriate processes have been already implemented since the investigation began and that its products and subsidiary are compliant with Swedish gambling law.
This is one of the biggest fines issued to an operator in Sweden since the industry launched legally in 2019. Spelinspektionen has been working to actively safeguard consumers in the market. The regulator has just fined ATG over the same shortcomings. The company received a warning and a SEK6 million fine ($570,000) over various AML shortcomings, similar to Kindred’s case.
Related Topics:
Although Fiona doesn't have a long-spanning background within the gambling industry, she is an incredibly skilled journalist who has built a strong interest in the constantly growing iGaming network. The team at Gambling News is glad to have her on our roster to help deliver the best stories as soon as they hit. Aside from writing, she loves to dabble in online casino games such as slots and roulette, both for her own enjoyment and also as research to better improve her understanding of the industry.
Must Read
Legal
September 10, 2025
India’s Supreme Court Assumes Responsibility for All Gaming Ban Challenges
Legal
September 11, 2025
South Korean Police Bust $31M Illegal Gambling Ring Operating from Cambodia
Legal
September 10, 2025
Injured Guest Takes the Flamingo Las Vegas to Court
More Articles
Casino
September 16, 2025
Suspended Florida Sheriff Tied to $21M Gambling Network
Blockchain
September 16, 2025
DOJ Wants to Take $5M in Bitcoin Connected to SIM-Swap Attacks
Casino
September 16, 2025
Prison Time for Former Washington State Employee Who Embezzled $900K
Casino
September 16, 2025
Veikkaus Suspends Betting on Floorball as Probe Unfolds
Casino
September 15, 2025
Mohegan Sun Announces Two Winners of $650K+ Prizes
Casino
September 15, 2025
Maryland Man Arrested with Guns, Ammo Near Casino
Casino
September 15, 2025
Airbnb, GLVSTRA, and Short-Term Rental Operators Fight Clark County
Casino
September 15, 2025
No Changes to Norway’s Gambling in Wake of General Election Expected
Industry
September 15, 2025
Curaçao Regulator Takes BC.Game License Revocation Off Public List
Casino
September 15, 2025
The Boring Company Suffers Setback After Worker Injured During Operations
Industry
September 15, 2025
Lawmakers Try Again to End Federal Sports Betting Tax
Sports
September 12, 2025
Finland’s Floorball League Rocked by Wagering Scandal