Spelinspektiven has fined eight other online gaming providers for violating the Swedish Gaming Act, the regulator said today in a statement posted on its website. The eight operators received a slap in the face, as it were, from the Swedish Gaming Authority for offering bets on sporting events in which the majority of participants under the age of 18 took part. Offering betting options for such events is prohibited under the new Swedish Gambling Act, which came into force in January this year. We definitely recommend playing only in reputable online casinos that clearly ask for an age limit!
PokerStars and Bwin among the 8 operators penalized by the Swedish Gambling Authority
The eight operators punished were fined differently depending on the extent of their violations. Spelin inspections warned them that they would face further official measures in the future if they violated the authority. Spelinspektiven said in its statement that betting on sporting events where a vast number of players are under the age of 18, such as B. Games in the U19 and U21 league are strictly prohibited, as this practice represents a “direct danger to minors”. The manipulation of sports results is also bad for the Swedish gaming industry, the regulator further emphasized.
The newest group of buggy operators
Spelinspekte explains that after a business review of eight licensees, it was found that all of them offered gambling at sporting events that the majority of gamers under the age of 18 attended multiple times. The Swedish Gambling Authority found that all the violations found were of a serious nature and that they have decided to take appropriate measures to sanction the actions of the eight faulty operators.
The following operators were fined
Betfair International plc , which operates the betfair.se website in Sweden. The company is part of the larger Flutter Entertainment group (formerly Paddy Power Betfair). Betfair was fined SEK 5.5 million (US $ 592,060) by spinning inspections.
Bethard Group Limited , the operator of the websites bethard.se and bethard.com, among others. The company was fined SEK 2.5 million (US $ 269,118) by spinning inspections.
Casinostugan Ltd , the operator of casinostugan.com. A fine of SEK 3.5 million (USD 376,765) was imposed for violating the Swedish Gambling Authority's license.
ElectraWorks Limited , a division of the gaming group GVC Holdings, which operates the Swedish website bwin.se. A fine of SEK 5.5 million (US $ 592,060) was imposed.
Polar Limited , which is represented in the Swedish gaming market on the coolbet.com website. A fine of SEK 700,000 (US $ 75,353) was imposed by the local regulator.
TSG Interactive PLC , the operator of the online poker, casino and sports betting brands PokerStars, Full Tilt and BetStars. The company was fined SEK 10 million (US $ 1.08 million) for violations.
Zecure Gaming Limited , a subsidiary of the Gaming Innovation Group, which, among other things, owns the license for the brands guts.com, rizk.com and thrills.com in Sweden. The operator was fined SEK 3.5 million (US $ 376,765) by spel inspections.
As can be seen, the Swedish Gambling Authority fined some of the key players in the local and global online gambling scene for violating the new Swedish rules for the settlement of bets and gambling services on the territory of the Scandinavian nation. Just days after it became known that the agency had fined SkillOnNet and a subsidiary of Betsson for violating the Swedish rules for offering bonuses and other incentives to local gamblers, news emerged of the collective regulatory measures taken by spel inspectors.