Sweden’s online casino deposit limits have resulted in penalties against Unibet’s parent company and local horseracing operator ATG.
On Wednesday, Sweden’s Spelinspektionen gambling regulatory body announced that Kindred Group subsidiary Spooniker Ltd and AB Trav och Galopp (ATG) had allowed customers to exceed the ‘temporary’ online casino weekly deposit limits of SEK5k (US$588) the government imposed in July.
The regulator said the infractions had been going on for “weeks” after players figured out a workaround. Swedish online licensees require players to set personal deposit limits for sports betting and anyone who sets theirs above SEK5k is supposed to be restricted to betting on sports only.
But players figured out that they could set a personal limit above SEK5k, then lower their limit after depositing sums exceeding SEK5k. The operators’ systems would then allow these players to spend the cash gambling on online slots and table games.