A court in Sweden has lowered the penalty given to a branch of the internet gaming firm Kindred Group.
The subsidiary, Spooniker, was originally ordered to pay SEK 100 million (approximately US$9.5 million) in 2020 for breaking Swedish rules on bonuses. The Swedish Gaming Authority (SGA) asserted that specific promotions operated by Spooniker ought to have been subject to stricter bonus regulations. Kindred disputed this understanding of the law but promptly modified its offerings.
Kindred contested the SGA’s ruling, and the penalty was decreased to SEK 50 million. Currently, a superior court has further diminished the fine to SEK 30 million (around US$2.8 million). Kindred continues to insist that the regulations were ambiguous and subject to interpretation, and contends that the penalty should be completely revoked.
At the beginning of this month, the Chinese government launched a pair of fresh programs designed to tackle game manipulation and illicit wagering as part of a major effort to sanitize the athletic realm.
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