They were forced to pay fines

They were forced to pay fines

The Swedish Supreme Administrative Court denied the appeals of three gambling companies.

There are three companies in question. The first two were found guilty of offering illegal bonuses and promotions to their players. The latter was accused of accepting bets for a soccer game.

The Supreme Administrative Court refused to allow the operators to appeal their fines. The trio will have to pay over two million dollars for their offenses.

Despite the prohibition, the company continued to offer bonuses to Swedish players. The company was fined $470,000 by the gaming authority in Sweden.

In 2020, the fine was reduced to $450,000. The company was trying to appeal the entire penalty. The Supreme Administrative Court denied the appeal and ruled that the company must pay the entire fine.

In July of this year, Betfair was fined $520,000. The regulator discovered that Betfair accepted bets for a soccer match.

More than half of the players in the match were under the age of 18. Operators are not allowed to offer betting markets for games where the majority of players are under the age of 18.

The operator’s earnings were wrongly calculated and the Swedish Court of Appeal decided that the fine should be reduced. Like its competitor, Betfair continued to appeal the fine. The Supreme Administrative Court refused to allow Betfair to appeal its fine.

The company with the worst fine was SkillOnNet. Several of the gambling giant’s brands, including redkings.com, playojo.com and slotmagic.com, were found guilty of offering bonuses. In June of this year, Sweden reprimanded SkillOnNet for violating the rules and fined it over a million dollars.

According to SkillOnNet, the country’s bonuses laws are not clear enough. The company claimed that the SGA decided to impose a disproportionately severe fine instead of leading a constructive dialogue.

All courts that reviewed the matter agreed that SkillOnNet must pay the fine.

Summary:

Gambling companies Betway, SkillOnNet and Betfair were denied appeals by the Swedish Supreme Administrative Court. The companies were found guilty of offering bonuses and special promotions to their players, despite it being illegal in the country. As a result, the trio will have to pay a total of around $2.2 million for its offenses.