The Swedish regulator, Spelinspektionen, has issued a fresh crackdown on the promotion of bonus offers after reprimanding Mandalorian Technologies and Betway for violating gambling regulations.
Current Swedish regulations state that licence holders are only permitted to offer customers a single bonus, however an investigation found that customers on both sites were continually offered bonuses by Mandalorian and Betway.
The most recent crackdown by the operator highlights just how important it is for affiliates to ensure that they are compliant with the promotion of bonus offers. Mandalorian and Betway have both been handed a warning from the regulator and issued with penalty fees of SEK9m (£730k) and SEK5m (£406k) respectively.
The authority stated: “As the Spelinspektionen already had indications at the beginning of the year that some gaming companies did not comply with the legislation, on February 19, the authorities issued a letter to all licensees regarding bonus offers.
“After the letter, the Gaming Inspectorate noted some compliance from the licensees, but the assessment is that further measures must also be taken to achieve full compliance.”
Betway currently provides Swedish customers with games via betway.se, while Mandalorian offers games on noaccountcasino.com and prankcasino.com.
Spelinspektionen continued: “The main purpose of the new gambling regulation, which came into force on January 1, 2019, is to strengthen consumer protection and reduce the negative effects of gambling.
“The limitation on bonuses is contained in the law to reduce social and economic damage and problem playing. The Gaming Inspectorate will therefore continue to focus on supervision of this area.”
Rules and regulations regarding how to remain FTC-compliant play a pivotal role in affiliate marketing. It’s crucial for every