Legal
December 21, 2023

Spelinspektionen Fines Casino Cosmopol SEK2m for AML Breaches

Spelinspektionen, Sweden’s gambling regulator, has handed down a SEK2 million (€180,000) penalty and a warning to Svenska Spel’s Casino Cosmopol for breaching anti-money laundering (AML) rules. This enforcement action underscores the regulator’s commitment to upholding stringent compliance standards in the Swedish gambling industry. Casino Cosmopol faces a substantial fine from Spelinspektionen for AML violations, signaling […]

Business , EMEA , Legislation , Regulation
November 5, 2023

Videoslots Hit with Fine Over AML Lapses by Swedish Regulator

In a decisive move, Sweden’s Spelinspektionen levies a substantial fine on Videoslots for non-compliance with stringent AML directives. As the regulatory magnifying glass scrutinizes the operator’s customer interactions, revelations of significant discrepancies in due diligence emerge, bringing AML practices to the limelight. While facing financial repercussions, Videoslots is recognized for its concerted improvements, reflecting a […]