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SLIEMA, Malta, May 27, 2024 /PRNewswire/ -- The Administrative Court of Appeal in Jönköping (Sweden) has today reduced the sanction fee that Kindred Group received in 2020 for bonus rules violations
/PRNewswire/ -- Kindred Group plc's (Kindred) wholly owned subsidiary, Spooniker Ltd (Spooniker), has today received a warning and a sanction fee of SEK 10.9...
Kindred Group has received a warning and a sanction fee of SEK 10.9 million from the Swedish Gambling Authority for shortcomings in its work against money laundering and financing of terrorism. SLIEMA
This year has been a series of ups and downs for the gambling industry. Operators, both online and in land-based form, have struggled for some reason or another. Many have fallen short of revenue earnings due to the COVID-19 pandemic. For others, issues in 2020 revolved around fines due to problems with regulators. GamblingIndustryFines.com, a Gambling Compliance tracker, has complied a 2020 report, showing that regulators have issued over £44m in fines this year. Several big companies in the online casino and sports betting industries were affected. Fines were issued for a number of reasons...