Categories: Industry NewsNordics

Swedish Court Reduces Genesis and Aspire Global Penalty Fees

Reading Time: < 1 minute

 

Sweden’s Administrative Court has ruled that the penalty fees issued to Genesis Global and Aspire Global for breaching self-exclusion regulations should be reduced.

Spelinspektionen, the gambling regulator in Sweden, ordered Genesis to pay a penalty of SEK4m (€382,757) in March, while Aspire was issued a penalty of SEK3m in April related to its AG Communications Sweden subsidiary. Licensed operators in Sweden are required to integrate with the Spelpaus.se self-exclusion system as part of new laws that came into effect on January 1.

According to the regulator, Genesis and Aspire, both of which hold licences in the country, did not adhere to these rules. Some consumers that had self-excluded said they were able to gamble on sites operated by Genesis, while AG and Aspire cited issues with integrating with Spelpaus.se as the reason for non-compliance.

The Administrative Court agreed with the regulator that both of the operators should face punishment, stating Spelinspektionen was right to issue warnings and penalty fees.

The Court also agreed with the decision to calculate the penalty fees based on each of the operator’s gross turnover, before paid profits. However, the Court estimated that each operator’s turnover was lower than the regulator had calculated, and therefore ruled the penalty fees should be reduced to reflect this finding.

Zoltan Tundik

After starting out as an affiliate in 2009 and developing some recognized review portals, I have moved deeper into journalism and media. My experience has lead me to move into the B2B sector and write about compliance updates and report around the happenings of the online and land based gaming sector.

Recent Posts

Spillemyndigheden Issues DKK100,000 in Fines for Illegal Games Advertising

Reading Time: < 1 minute  Denmark’s gambling regulator, Spillemyndigheden, has issued fines totalling DKK100,000 for an individual found to be… Read More

16 hours ago

Hacksaw Gaming Launches in the Baltics with Betsafe Lithuania

Reading Time: < 1 minute  Hacksaw Gaming has officially gone live with its exceptional portfolio of games on Betsafe Lithuania!… Read More

2 days ago

Norsk Tipping Appoints Tonje Sagstuen as Permanent CEO

Reading Time: < 1 minute  Norsk Tipping has announced that Tonje Sagstuen will assume the role of CEO on a… Read More

2 days ago

Paf and Tallink Grupp sign new multi-year agreement

Reading Time: 2 minutesThe Nordic gaming company Paf has signed a new multi-year cooperation agreement with the shipping company Tallink… Read More

2 days ago

DreamHack reveals EU expansion with the launch of DreamHack Stockholm for 2024

Reading Time: 3 minutesDreamHack, an ESL FACEIT Group brand is set to break new ground in 2024 as it enters… Read More

3 days ago

Kindred Observes Safer Gambling Week

Reading Time: < 1 minute  Kindred has shown its commitment to responsible gambling during the Safer Gambling Week. During the… Read More

7 days ago