Denmark’s financial regulator said the payments firm had violated anti-money laundering lesiglation by failing to uphold due diligence on its iGaming customers.
Swedish gambling regulator Spelinspektionen has again imposed financial penalties on Genesis Global and AG Communications, the Swedish-facing subsidiary of Aspire Global, for failing to adhere to the country's igaming regulations. Both have been sanctioned for offering 'recurring' bonuses to players.
Four in 10 individuals who have signed up to the Spelpaus.se gambling self-exclusion scheme in Sweden are between the ages of 25 and 34 years old, according to national gambling regulator Spelinspektionen.
Denmark’s regulated online gaming market has reported a 4.5% year-on-year increase in revenue for the first quarter of 2019, with growth in the online casino and sports betting verticals offsetting land-based declines.
The Danish delegation to the Council of Europe has called upon European Union member states to address contentious elements of the Convention on the Manipulation of Sports Competitions to ensure it can be implemented across the bloc.