Industry
June 25, 2024
Kanon Gaming Receives $666K Fine from Spelinspektionen in Sweden
Across Europe, licensed gambling service providers are subject to a range of regulations. This includes strict rules related to duty of care, anti-money laundering and counter-terrorism financing, among other important regulations the operators need to comply with. In case of breaches, penalties such as fines and even license revocation are possible. A recent case related […]
Industry
June 19, 2024
bet365’s Swedish Subsidiaries Have Fines Cut by Administrative Court
Leading global betting brand founded in 2000, bet365, had two of its Sweden-based subsidiaries fined a total of SEK79 million ($7.7 million) in 2023. Following their appeal, the Administrative Court of Linköping decided to reduce the total fine to SEK44 million ($4.2 million) despite opposition from the Swedish Gambling Authority (SGA). SGA Punished Hillside (Gaming) […]
Industry
June 13, 2024
Tabcorp Fined With AU$270,000 for Underage Gambling in 13 Venues
At the end of May, we announced that the Victorian Gambling and Casino Control Commission (VGCCC) filed a series of charges connected to child gambling against Tabcorp. Fast forward to today, Australia’s largest gambling company with a staff of over 5,000 has been slapped with a fine of over AU$370,000 ($246,000) including costs after […]
Industry
June 12, 2024
Tennessee Regulator Fines Operators over Payout and Self-Exclusion Breaches
The Tennessee Sports Wagering Council (SWC) has agreed to levy fines against sportsbooks that violated its rules. These included ZenSports, which failed to pay out winnings and Fanatics, which committed a self-exclusion-related breach. According to the announcement, the SWC understood that ZenSports did not maintain a sufficient reserve account balance for its operation. Under Tennessee’s […]
Industry
June 12, 2024
Dutch Regulator Recovers Fines from Illegal Providers
The Kansspelautoriteit (KSA), the Netherlands gambling regulator, has successfully recovered penalty payments from two illegal gambling providers. L.C.S. Limited and Blue High House S.A. previously faced financial sanctions for offering unauthorized games of chance to Dutch players. The regulator used this opportunity to reiterate its proactive stance and willingness to pursue offenders. The Two Companies […]
Industry
June 7, 2024
SkyCity Adelaide to Pay $67 Million Money Laundering Fine
A landmark ruling by the Federal Court of Australia ordered SkyCity Adelaide to pay an AU$67 million ($44.1 million) fine for substantial breaches of anti-money laundering (AML) and counter-terrorism financing (CTF) laws, which occurred at its North Terrace casino. The venue reportedly failed to comply with legislative requirements and lacked crucial customer due diligence safeguards. […]
Industry
May 31, 2024
Swedish Court Lowers Sanction Levied against Mr Green
Sweden’s gambling regulator, the Spelinspektionen, announced that the Court of Appeal has lowered the sanction levied against Mr Green. The gambling operator was fined over anti-money laundering and social responsibility failings. The Spelinspektionen originally issued a penalty fee of SEK 1.5 million ($140,000) to Mr Green. The fine was handed to the gambling operator in […]
Industry
May 29, 2024
MGC Fines Fanatics for Offering In-State College Bet
The Massachusetts Gaming Commission (MGC), the state’s gambling regulator, has issued a fine of $10,000 to Fanatics Sportsbook. According to the authority, the gambling company violated the state’s betting rules by allowing customers to wager on an in-state collegiate sports team. The bet in question was placed in December last year. The MGC learned that […]
Industry
May 28, 2024
Swedish Gambling Authority Fines Hacksaw and Panda Bluemoon
The authority that ensures the legality, safety, and reliability of the Swedish gaming and gambling market, the Swedish Gambling Authority (SGA), has issued a series of warnings and penalties to Hacksaw Studios and Panda Bluemoon for offering online games to unlicensed operators. SGA Deems Hacksaw’s Processes “Inadequate” Hacksaw has been slapped with a SEK2.6 million […]
Business
May 28, 2024
Swedish Court of Appeal Lowers Sanction against Kindred from 2020
One of the largest iGaming operators across the globe, Kindred Group, secured a partial win in an ongoing dispute in Sweden over a sanction it received several years ago. On Monday, the Group confirmed the Administrative Court of Appeal in Jönköping reduced the penalty imposed against the company in 2020, which was SEK 100 million […]
