Eight Gaming Companies hit with Penalties in Sweden

Swedish regulator Spelinspektionen have warned eight of their licensees and in turn subjected them to penalty fees for taking bets on events that feature in the main, individuals who are under the age of 18 years of age.

After an investigation carried out by Spelinspektionen who oversee and regulate all aspects of gambling in the Scandinavian country, it was found that the following operators had not complied with and violated the regulations in place.

The iGaming companies that were warned of their future conduct and subjected to financial penalties were:

  • Betfair International plc – Concerning their website betfair.se – Warned and penalty fee of SEK 5,500,000 / € 521,260.62
  • Bethard Group Ltd – Operates the following sites in Sweden; bethard.se, bethard.com, inandoutbet.com, inandoutcasino.com, turbico.com, esportsbetting.com, scandibet.com, nightrush.com, sverigecasino.com, sirjackpot.com, livelounge.com, sverigekasronan .com, betive.com, fastbet.com, turbovegas.com, oddyzzey.com, bettoday.com suomivegas.com, rapidi.comWarned and penalty fee of SEK 2,500,000 / € 236,936.65
  • Casinostugan Ltd – Operates casinostugan.com – Warned and penalty fee of SEK 3,500,000 / € 331,711.31
  • Electraworks Ltd – Operates bwin.se – Warned and penalty fee of  SEK 5,500,000 / € 521,260.62
  • Hillside ( Sports ) Enc – Operates bet365.com – Warned and penalty fee of SEK 10,000,000 / € 947,746.59
  • Polar Limited – Operates coolbet.com – Warned and penalty fee of SEK 700,000 / € 66,342.26
  • TSG Interactive PLC – Operates pokerstars.se, pokerstarscasino.se, fulltilt.se, betstars.se – Warned and penalty fee of SEK 10,000,000 / € 947,746.59
  • Zecure Gaming Limited – Operates betspin.com, guts.com, gutsxpress.com, highroller.com, kaboo.com, rizk.com, superlenny.com, thrills.com – Warned and penalty fee of SEK 3,500,000 / € 331,711.31

As a result of the decision by the regulator and the measures taken detailed above, Spelinspektionen have confirmed that all the operators have: “taken various measures to ensure that future betting takes place according to the game law, for example by not offering games on U19 and U21 series.”

Furthermore the regulator states that: “Spelinspektionen is working on producing regulations on any prohibitions or restrictions on games or events in competitions, or other measures to combat manipulation of results in sports. The regulations are expected to enter into force at the beginning of next year.”

About the Author... Total Posts Written: 958
Simon Wright

Simon Wright

Simon Wright has been both a player and an observer of the online casino industry for over 15 years. His knowledge of the online casino industry – to include sports is massive. Not many folks have the experience or his knowledge about online gambling. His adoration of football is also noted. He has painted his house blue (Chelsea) and annoys his neighbors with local football songs on game days.

See More Posts