LeoVegas granted 5 year operating license in Sweden

Published by Daniel on October 13, 2019 in Industry News

LeoVegas Casino In Sweden!The online gambling industry is filled with interesting events and a lot is happening behind the scenes.  

Sweden has recently opted to re-regulate their online gambling market taking stricter measures in terms of licensing.  
 

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Top rated online casino, LeoVegas, took matters to court after having their license limited to a two year period.
 

Haunted by the past 

Sweden recently started the process of changing their gambling regulations in an attempt to re-regulate the market. The country laid out a few conditions to operators who wish to apply for operating licenses when the newly regulated market launches.  

Spelinspektionen also opted to offer shorter licenses to any of the companies who have committed violations abroad that led to sanctions. One of these companies happened to be LeoVegas who received a £600,000 penalty for misleading advertising and the handling of customers in 2018. These sanctions were by the British Gambling Commission published in May 2018.  

According to the case published by the British Gambling Commission it was found that LeoVegas produced 41 misleading adverts. They also found that the casino failed to return funds to 11,205 self-excluded players or players who closed their accounts. Furthermore, it came to light that the operator had sent out marketing material to 1,894 self-excluded players and allowed 413 of these players to gambler without speaking to them or applying the 24 hour cooling off period.  

In response LeoVegas stated that the failings in terms of the self-exclusion players was due to a computer software error. The operator also said that they rectified the error as soon as it came to their knowledge. As for the return of funds the operator stated that all balances not returned to players totalled less than £1. And that this failure stemmed from different interpretations of the regulations by LeoVegas and the Gambling Commission. As for the advertising fail, LeoVegas placed blame on their affiliate partners stating that they had warned them to comply with all relevant legislation.  
 

Fighting for the future 

In their appeal against the shorter license LeoVegas said that it was unfair of the Swedish Government to impose a term limit based on one report from the British Gambling Commission. According to the operator Spelinspektionen did not fulfil its investigative duty as it allowed one press release to form the basis of its decision.  

Furthermore, LeoVegas stated that their most serious violations dated back to April 2016 which was too far in the past to justify the restriction.  

The court seemed to agree as they ruled in favour of LeoVegas and granted approval for a five-year license which is the longest possible term. The court stated that while the violations were serious the necessary improvements had been made and there were no grounds to limit the license.  

The Administrative Court did however say that they believe the violations are serious and could provide grounds to assume there is risk related to the operator complying to requirements imposed on gambling activities under the gaming act. On the other hand the court said that LeoVegas did not attempt to withhold information form the court and their most serious violations were almost three years before Spelinspektionen made their licensing decisions.  

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Spelinspektionen is currently considering appealing the court ruling.