Swedish Gambling Authority Fines Hacksaw and Panda Bluemoon

The authority that ensures the legality, security, and reliability of the Swedish gaming and gambling market, the Swedish Gambling Authority (SGA), has issued a chain of warnings and penalties to Hacksaw Studios and Panda Bluemoon for offering online games to unlicensed operators.

SGA Deems Hacksaw’s Processes “Inadequate” 

Hacksaw has been slapped with a SEK2.6 million ($246.749) gorgeous after the SGA dominated that its bellow material became accessible on unlawful platforms.

The highest rate developer of slots, scratchcards, and instantaneous deal with games has been below investigation since January

That turned into as soon as the same month when the studio introduced the implementation of geoblocking to make certain its application would handiest be readily obtainable in Sweden to licensed operators.

Answering the accusations, Hacksaw claimed it may perhaps per chance most likely not grab fat responsibility for the model its operator partners follow rules. 

The supplier added it couldn’t guarantee a partner wouldn’t construct its games accessible to markets the build their license would not allow them to characteristic.

Hacksaw considers receiving a warning or penalty charge as “disproportionate” since unlicensed operators ended in the stated infringement.

Nonetheless, SGA deemed Hacksaw’s processes as “insufficient” while relating to the violation of the law as a “serious” incident. 

Since Hacksaw turned into as soon as rapid to fix the quandary after it turned into as soon as notified by the SGA, it escaped having its enable revoked. 

Panda Bluemoon Pointed to a Breach of Contract because the Perpetrator 

The investigation for Panda Bluemoon turned into as soon as also initiated in January. The studio corrected the error on January 22, explaining the offender for its games reaching an unlicensed web bellow material turned into as soon as a breach of contract. 

The breach turned into as soon as recorded between Panda Bluemoon and its distribution company, Mikai Tech Ltd.

Moreover, Swedish gamers may perhaps per chance read a message announcing “the game will not be readily obtainable from your pickle” when attempting to acquire entry to the respective games. 

Nonetheless, this did not convince the SGA to announce a warning and SEK700,000 ($66,400) gorgeous for the violation.

Equally to Hacksaw, Panda Bluemoon also cooperated with the investigation and equipped all required data on time.

Every of the 2 fines turned into as soon as linked to the team’s turnover between July 1, 2023, and December 31, 2023.

Earlier in the month, the SGA authorized a ban on credit score playing cards in gambling which may perhaps per chance perhaps presumably align Sweden with assorted in model regulated markets in conjunction with Norway, Eire, Australia, and the UK.

In March, the regulator extended the Memorandum of Idea agreement with the United Kingdom Gambling Commission.

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