Swedish Spelinspektionen Issues Fines to Betway and Mandalorian

Another turbulent week in Sweden is behind us. The Swedish gambling regulator, Spelinspektionen, imposed fines to two casino operators – Betway and Mandalorian Technologies. Both companies are responsible for offering continuous bonuses to their customers. According to Swedish law, each casino operator can offer only a single bonus. As a result, the regulator hit the two operators with fees of SEK9m and SEK5m.

Announcement

The Swedish gambling regulator reported:

“As the Spelinspektionen already had indications at the beginning of the year that some gaming companies did not comply with the legislation, on February 19, the authorities issued a letter to all licensees regarding bonus offers. After the letter, the Gaming Inspectorate noted some compliance from the licensees, but the assessment is that further measures must also be taken to achieve full compliance.”

It added:

“The main purpose of the new gambling regulation, which came into force on January 1, 2019, is to strengthen consumer protection and reduce the negative effects of gambling. The limitation on bonuses is contained in the law to reduce social and economic damage and problem playing. The Gaming Inspectorate will, therefore, continue to focus on supervision of this area.”

About the Companies

Betway Group represents a leading betting and casino provider. It strives to offer excellent customer experience together with great entertainment. The company was established in 2006 and holds betting licenses in numerous jurisdictions including the UK, Malta, Spain, Belgium, Germany and Ireland. Betway supports the responsible gambling strategy and fair betting experience. All games are regularly audited and provider awarded with eCOGRA certification.

Mandalorian technologies represents a tech company specialized in the iGaming industry. The company has been in operation since 2016 with dedicated members having years of tech experience. Mandalorian strives to follow the latest technologies and to create the best solutions.

About Spelinspektionen

Spelinspektionen is Swedish regulatory body which strives to provide a safe and responsible gambling experience. The regulator cares about consumer protection and a healthy gambling environment. It reduces gaming harm and illegal betting activities. The organization cooperates with various authorities to provide better results in the gaming industry. The Swedish authority participates in GREF annual meetings for a more regulated market.

Source:

“Swedish Regulator Imposes Fine on Betway and Mandalorian Technologies”, Niji Narayan, europeangaming.eu, May 17, 2019.