Sweden’s Court of Appeals has issued a verdict on 10 appeals in cases involving operators providing betting services on sporting events featuring participants who were mostly under-18, dismissing eight challenges, and reducing two fines.
The sanctions, first announced by the country’s gambling regulator Spelinspektionen in July 2019, saw a number of warnings and penalty fees issued after operators were found to have breached rules on sports betting in events with mostly under-18 participants.
All companies involved subsequently appealed the judgements at the country’s Administrative Court, where four appeals were rejected, and six penalties being reduced. A single case was annulled.
Betfair and Coolbet were the operators to have their fines reduced, with Betfair’s fine falling by SEK1 million (€0.01 million) to hit SEK4.5 million (€0.44 million), whereas Coolbet’s was reduced from SEK650,000 (€64,010) to SEK600,000 (€59,160).
Stars Group, which now operates as a part of Flutter owes SEK10 million (€990,000), as does Bet365, on behalf of its Hillside Sports Subsidiary.
Cherry brand Snabbare will be required to pay SEK8 million (€790,000), after having the initial fine reduced at the Administrative Court last year.
Entain-owned ElectraWorks will be required to pay a SEK5.5 million (€540,000) fine, as will ComeOn, which is also a Cherry brand.
Haiper’s penalty stands at SEK4 million (€395,000), and Casinostugan and Secure Gaming will be required to pay SEK3 million (€295,000).
This latest licence sits alongside the previously secured certifications for several tier-one markets, including Great Britain, Netherlands, Portugal, Denmark, Colombia among others
This week, Glitnor Group announced that a planned acquisition of KaFe Rocks was being shelved