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On its website, Kindred explained that it……”initially made a different interpretation of what is considered a bonus and it is this interpretation which the SGA has disputed.Penalty equal to the offense:The findings, resulting in the regulatory body issuing a warning and sanction fee to the company, with the steep penalty fee commensurate with the number of violations in addition to the subsidiary’s high turnover. Kindred will appeal the SGA’s decision to obtain judicial guidance on how the new legislation should be interpreted....
com cited the regulator’s Chairman, Rene Jansen, as describing such illicit actions in the Netherlands as ‘unacceptable’ and ‘completely objectionable’ before advising firm’s utilizing such tactics that these ‘will weigh heavily in a possible application for an online gambling license’. The parties that do this, the providers themselves as well as their advertisers, can count on the KSA’s keen interest.Malta-based online gambling operator, Kindred Group, has been fined SEK 100m (m) by the Swedish Gambling Authority (SGA) for offering customer bonuses and incentives in such a way as to be considered an infraction of the Swedish Gambling Act....
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