The Swedish Spelinspektionen iGaming regulator has again fined a pair of casino operators for violating its very strict regulations. The operators who are fined by the Swedish regulator are Betsson AB and SkillOnNet Limited which reportedly violated the regulator’s provision related to reoccurring bonuses.

As reported last week, SkillOnNet Limited and Betsson AB have to pay a total fine of slightly over $3 million as both operators were found guilty of offering daily and weekly bonus surprises, free spins, rewards and other kinds of bonuses to their players which violated the regulator’s rules.

The new rules regulating the provision of bonuses and promotions were brought in six months ago any many operators active in Sweden have been adjusting to them following Sweden launching its regulated online gaming market back in January of 2019. This is not the first fine of this kind against iGaming operators as Spelinspektionen has already fined two other operators for similar violations earlier this month. As reported, both AG Communications and Genesis Global were penalized for being found guilty of bonus and promotion-related violations.

All Sorts of Reoccurring Restrictions Posed by the Regulator

As regulated by Spelinspektionen, online casino operators which are active in Sweden and which offer their services and products to players from Sweden are not allowed to offer any kind of reoccurring bonuses which allow players to benefit from one, non-transferable bonus or promotion. However, as stated in the regulator’s official press release regarding the latest incident, it seems as Betsson AB’s Nordic Limited subsidiary had violated these rules at its NordicBet.com by offering these kinds of strictly forbidden reoccurring bonuses to its registered players.

For this reason, the regulator decided that Betsson AB has to pay a fine or around $2 million. Following this press release, Betsson AB released its own official press release in which it states that Betsson AB had not agreed with the Swedish regulator’s interpretation of rules. The operator also stated that they believe their bonus offerings active at NordicBet.com had been completely in line what is actually permitted under the latest gambling legislations.

In their official press release, the operator also said that the regulations on bonuses and promotions are actually vague as they leave room for all sorts of different interpretations. When it comes to SkillOnNet Limited and its issued related to violating rules on bonuses, the company has been hit with a massive penalty of around $1.5 million as several of its main domains reportedly have broken the regulator’s iGaming rules by offering its players VIP packages, cashback bonuses, free spins and monthly and daily bonuses.

SkillOnNet Limited Previously Warned Over Offering Lottery Games

As reported, this Maltese company was previously warned for running online lottery games in the country despite the fact that online lottery is not licensed. SkillOnNet limited runs several online casinos including Prime Casino, PlayOJO Casino, and Luna Casino which offer lottery games to Swedish players despite lottery not being licensed.

Following these latest incidents and violations, Ardalan Shekarabi who is Minister of Civil Affairs said that online casino operators who fail to follow the country’s iGaming rules and legislations have to leave the market. While Betsson AB and SkillOnNet will not leave the market, they are penalized. The operators are also warned that not following the new regulatory framework is a serious violation which brings consequences.

Booming Games is a casino software provider known for amazing video slots, and their recent title, Stellar Spins, is very popular among players. Only a mother after they released Stellar Spins, they’ve announced even more good news. The Malta-based software provider signed a deal with Panda Media Limited and Betsson AB. These popular Sweden-based operators will now host Booming Games titles, and that’s what brought joy to many players in Sweden. Having their titles certified under Swedish technical regulations is a huge success for them.

According to an official Thursday press release published by European Gaming Media and Events, Booming Games agreed to share their products with Sweden audience on Betsson.com and Videoslots.com. Their most popular slot games include Cherry Bomb, Welcome to Fort Knox, Real Fear, Crazy Bananas, Zoodiac, VIP Filthy Riches, Booming Seven, Wild Cherries, and many others.

Announcing the Partnership

Chief Commercial Officer for Booming Games Limited, Frederik Niehusen, commented on this content distribution deal. He had explained that Booming Games Limited has signed content distribution agreements after they realized that the new casino gaming manufacturer has become the newest developer to receive a license to operate in the country from the Swedish regulator Spelinspektionen. Niehusen also stated that his team is extremely happy for expanding their reach in the Swedish regulated market. They are satisfied with their new partners, Betsson AB and VideoSlots.com.

According to Niehusen’s statement, Sweden is one of the most attractive and interesting markets in the world at this point in time. They are more than thrilled for the opportunity to offer their high-end video slots to clients in Sweden. This is one of their steps towards fulfilling their strategy. The primary goal is to expand into many regulated markets, which is going very well so far. Their products are also certified by iGaming regulators in Italy, Denmark, and the Isle of Man.

About Betsson AB and VideoSlots.com

Betsson AB is one of the largest companies in the online gaming scene in Europe. Their main goal is to recognize and invest in fast-growing companies within the online gambling industry. On the site, players can enjoy casino games, sportsbook, and many other options. Betsson AB holds licenses in 12 countries in Europe and Central Asia.

Videoslots offer over 3,000 different casino games, not only video slots. They’re trying to keep their costumers satisfied with huge jackpots and deposit bonuses. Their games include blackjack, roulette, video poker, baccarat, and many others.

More about Booming Games

Booming Games software provider delivers high-end slot games, which is why many players are drawn to. They are recognizable for uniqueness and innovativeness. Booming Games portfolio is more than established which is why they have success across many regulated markets, and they are not planning to stop there. Booming Games titles come with exciting features and various interesting themes.

The key to their success lies in the knowledge their experts have and many years of experience in the online gaming sector. Booming Games makes sure that their products adhere to the highest modern standards and they use the latest developments in the gaming industry while creating these products.