Gaming firm Betsson has revealed that they're appealing the SEK 20 million fine that was imposed on them by the Swedish gaming regulator Spelinspektionen after they were found to have been issuing vouchers through businesses that weren't licensed.
The fine was levied on June 10th as the regulator completed an investigation into the company. The investigation found that the vouchers were made available through a branded Mastercard that was not eligible as they're a breach of bonus restrictions. For their part Betsson claims that the vouchers weren't a breach, and they're set on fighting the matter in court until they prevail. Whether or not the two groups will negotiate a settlement isn't known, but it's possible, as the regulator has lost multiple times in court before.
A statement from Betsson regarding the case read: "Both the warning, the sanction and the hefty sanction fee come as a surprise to Betsson. The decision will be appealed on both counts since Betsson does not agree with the view that [Swedish subsidiary] Betsson Nordic has not complied with the Swedish Gambling Act.
"Betsson is of the view that the vouchers have been offered in line with the applicable law and that Betsson Nordic has not offered any commercial incentives or benefits connected to the Betsson Mastercard."
|Betsson Casino||Malta, Sweden|