Swedish court overturns deposit cap injunction against Kindred

Swedish court overturns deposit cap injunction against Kindred

Article brief provided by iGaming Business
  • Daniel O'Boyle, iGaming Business
April 8, 2021 5:00 AM
  • Daniel O'Boyle, iGaming Business

A Swedish court has overturned a [Swedish Gaming Inspectorate] ruling against the Kindred Group’s Spooniker subsidiary in relation to the country’s SEK5000 deposit cap.

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The regulator issued injunctions against both the Spooniker business and former monopoly ATG in December 2020 after discovering that players could potentially deposit more than SEK5000 for online casino play in a month at Kindred and ATG sites.

When asked about the limit, Kindred said it made all players set a deposit limit as is required by Swedish law. Those with a limit of more than SEK5,000 were only permitted to use the operator’s betting offering. If they wished to play casino games, players would be required to set a limit under this amount.