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Malta-based online gambling operator, Kindred Group, has been fined SEK 100m (m) by the Swedish Gambling Authority (SGA) for offering customer bonuses and incentives in such a way as to be considered an infraction of the Swedish Gambling Act.com, iGame, Maria Casino and Unibet brands in Sweden, while Spooniker is licensed for commercial iGaming and online betting and provides games by way of the Swedish domains of each.According to a Tuesday report from GamblingInsider....

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Later that same year in May and June, additional checks by the gambling authority uncovered bonus offers that were reportedly in violation of the Gaming Act, with games not within the scope of the company’s license also being offered.”Intervening interruptions:The KSA also purportedly advised those firms who had applied for a local online gaming license that the coronavirus-related shutdown may lead to processing delays.Penalty equal to the offense:The findings, resulting in the regulatory body issuing a warning and sanction fee to the company, with the steep penalty fee commensurate with the number of violations in addition to the subsidiary’s high turnover....

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Portfolio-wPortfolio-wThe Bragg Gaming Group (BRAG:Venture) brand offers operators one-of-a-kind remote game server (RGS) content from leading studios including Kalamba Games, Gamomat, Givme Games and Golden Hero....

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Kindred will appeal the SGA’s decision to obtain judicial guidance on how the new legislation should be interpreted.On the heels of another strategic partnership agreement, B2B gaming solution provider Oryx Gaming has inked a content integration deal with German-facing operator CasinoSecret via its Oryx Hub iGaming platform.Multi-state agreement:In related news, Kindred recently signed an agreement with Caesars Entertainment that provides it with market access in Iowa and Indiana, and potentially more states, to operate iGaming and online sports betting pending the passage of applicable local legislation and its receipt of the necessary gaming licenses....

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On its website, Kindred explained that it……”initially made a different interpretation of what is considered a bonus and it is this interpretation which the SGA has disputed. Kindred welcomes more clarity in these areas and continues to improve its operations to ensure full compliance,” the Maltese operator’s statement concluded.Malta-based online gambling operator, Kindred Group, has been fined SEK 100m (m) by the Swedish Gambling Authority (SGA) for offering customer bonuses and incentives in such a way as to be considered an infraction of the Swedish Gambling Act....