Kindred Group fine for bonus breach halved on Swedish appeal

Judge agrees with regulator that Stockholm-listed operator committed bonus infringements but reduces SEK100m penalty

The Swedish Administrative Court has halved a SEK100m (£8.3m) fine issued to Kindred Group by the Swedish Gambling Authority (SGA) over bonus violations following a legal challenge. The Stockholm-headquartered operator was issued with the SEK100m punishment in March 2020 for offering repeat bonuses to players. At present, SGA legislation permits Sweden’s licensed online gambling operators…

Bonusing | Kindred Group | Regulation | Sweden | Swedish Gambling Authority