The Swedish Gaming Inspectorate (Spelinspektionen) has issued warnings and fines to four gaming companies for repeatedly offering bonuses which is a breach of local gaming laws.
Sweden’s Spelinspektionen Fines Four Gaming Companies €17 million for Persistent Bonus OffersExcerpts of email exchanges between the players and the companies were released by Spelinspektionen.
Sweden’s Spelinspektionen Fines Four Gaming Companies €17 million for Persistent Bonus OffersIn another exchange, a player explains that they lost SEK 100,000 (€9,961) in the previous month and SEK 5,000 (€498) the day before.
Sweden’s Spelinspektionen Fines Four Gaming Companies €17 million for Persistent Bonus OffersAs a result, all four companies were warned to amend their behaviour and issued with fines. The amount of each fine was dependent on the number of violations and could be as much as 10% of the company’s annual revenue.
The fines issued were as follows:
Sweden’s Spelinspektionen Fines Four Gaming Companies €17 million for Persistent Bonus OffersComeOn Sweden — SEK 35 million (€3.4m)
Hajper Ltd — SEK 50 million (€4.9m)
Snabbare Ltd — SEK 65 million (€6.4m)
Sweden’s Spelinspektionen Fines Four Gaming Companies €17 million for Persistent Bonus Offers for violating a government mandated deposit cap.