Latest

Swedish Regulator Fines Bet365

Online gambling firm Bet365 has been fined for offering bets on a football match which contained players under 18 years of age, breaking Swedish gambling regulations.

Spelinspektionen, the Swedish gambling regulator found that Bet365 offered odds on a training match in March 2020 between Kronängs IF and Mariedals IK. The regulator said that 24 of the 34 players were aged under 18 and so breached chapter 8 section 2.2 of the gambling act banning betting on underage sporting events.

Bet365 brand in Sweden Hillside, argued that the match was now specifically an underage match and just happened to contain the majority of players under the allowed age.

But the regulator found that the company had breached the rules and was fined €98,000.

Claire

iGaming & land based specialist reporter for the global gaming market

Recent Posts

FeedConstruct and WBSC Announce An Exclusive Data and Streaming Partnership

FeedConstruct, the global sports data and streaming provider, and the World Baseball Softball Confederation (WBSC),…

15 hours ago

Bally’s Chicago Halts Hotel Construction Over Video Gambling Dispute

Bally's Chicago has halted construction on its hotel and entertainment complex, the project freeze stems…

19 hours ago

New York Sports Betting Revenue Hits Record High as Bettors Lose Big in July

New York sports betting achieved unprecedented revenue figures in July, sports betting gamblers experienced significant…

20 hours ago

FeedConstruct Partners with Malta Premier League

FeedConstruct has officially partnered with the Malta Premier League to secure the competition's global betting…

20 hours ago

Tabcorp Snaps Up Wagering Tech Provider BetMakers in $200 Million Deal

Tabcorp Holdings has announced on Monday that it will acquire BetMakers Techology Group, the B2B…

20 hours ago

DraftKings Revenue Falls to $1.44B on Customer Wins, Sports Betting Payouts

DraftKings revenue fell 5% year-on-year to $1.44 billion in the second quarter, missing Wall Street's…

20 hours ago