Eight Online Operators Are Fined With A Swedish Regulator Spelinspektionen

Swedish gambling regulator sperinspektionen imposed fines total $ 4.4 million on eight online gambling operators for sports rates.

The company that manages the bet365 brand in sweden, hillside (sports) enc was fined in the amount of almost $ 1.1 million after it was found that it proposes to the bettors to make sports bets on competitions in which most participants did not reach the age of 18.

Similar punyshment was applied to the stars group interactive, which manages the gembling sites in betstars.Se, fulltilt.Se, pokerstarscasino.Se and pokerstars.Se for the same reason. Betfair international, flutter entertainment and gvc holdings electraworks limited operators were also punished for similar violations, the amount of the fine for which was $ 587,683.

Spelinspektionen also punished gaming innovation group inc, registered in zecure gaming limited, which manages the rizk brand in sweden, and the casinostugan limited operator, bethard’s managing sites.Se, fastbet.Com, scandibet.Com and inandoutbet.Com.

Catarina abrahamson from spelinspektionen explained that the fines were imposed in order to protect minor players from the influence of gambling. In addition, she described these omissions in the work of operators as a serious violation of swedish gambling laws, since the country does not alloow gembling companies to offer rates on events in which minor citizens participate.

Previously, it became known that the swedish gembling regulator spelinspektionen became a member of the initiative to combat money laundering.