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The fine, which could be as much as $520,000, has been slapped onto the company. Another company, Mandalorian Technologies, was given a fine of around $940,000 – this came from their breaching of Swedish betting rules. The major body in charge of handling the regulation, Spelinspektionen, have continued to work to keep this regulation in place.
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Indeed, this is going to see Betway have to make some significant changes to how they market their bonuses in the Swedish market. As one of the most strictly regulated markets in Europe, this could, in future, lead to a precedent that other Scandinavian countries might follow if it’s successful.
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