Sweden's gambling regulator rises a red flag for operators' non-compliance
On Tuesday, 22 January 2019, the Swedish gambling regulatory body, Spelinspektionen, issued a public warning addressed to 66 gambling companies that are licensed to operate in the country.
The letter says that the Swedish Gambling Authority received a lot of complaints and suggestions about the shortcomings of gambling companies performance. The main problem is that some operators failed to verify those players with the new Spelpaus self-exclusion register that came into force on 1 January. According to the program, all operators must publish a link to the site of Spelpaus on their gaming resources. If otherwise, non-compliance will result in negative implications.
Spelinspektionen noticed that all violators in a raw might collide with financial penalties of up to 10% of the gambling company's turnover or full reversion of rights to operate in Sweden.
This is the second time that Spelinspektionen has deemed it necessary to publicly point out their new licensees’ non-compliance with the license conditions.
Most likely, there will be no third warning. Should any operator break the rules again, the regulator guarantees to consider de-licensing of those. This will be a clear example of how important it is to comply with the official requirements.
Spelinspektionen issued many new licenses during December 2018. Among the latest approved licensees are Jackpot.com, Lottomatrix Operations Ltd, and Pixel Digital Ltd.
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