Legal & compliance AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Subscribe to the iGaming newsletter 17th July 2018 | By contenteditor Parx Casino teams up with GAN as it prepares for online launch State leader Parx Casino has teamed up with gaming services provider GAN after becoming one of nine properties to apply for an online licence in Pennsylvania.Casino licence holders had been set a deadline of yesterday (Monday) to submit their petition with Pennsylvania Gaming Control Board (PGCB) as the state prepares to launch a regulated service. The Pennsylvanian regulated Internet gaming market is forecast to generate $200m in gross gaming revenue online during the first twelve months of operation. Incidentally, all operators that put forward an application only did so in the days leading up to the cut-off date or on the deadline itself. Greenwood Gaming and Entertainment, operator of the Parx Casino, which generated $570m last year, was the first to register its application with the PGCB on July 12.Parx has already teamed up with GAN, having signed a partnership to offer Simulated Gaming in 2015.Dermot Smurfit, CEO of GAN, said: “Parx Casino and GAN have collaborated well for three years, developing a close working relationship by operating Simulated Gaming online. Launching regulated real money Internet gaming in Pennsylvania is a logical extension of our existing long-term relationship and we welcome the opportunity to deliver excellence in technology and product, as we have for our clients in New Jersey.”Stadium Casino, which will run the new Live! Hotel and Casino Philadelphia, and Mount Airy Casino Resort operator Mount Airy #1 lodged their petitions on July 13. Sands Bethworks Gaming (Sands Casino Resort Bethlehem), Mountainview Thoroughbred Racing Association (Hollywood Casino), Valley Forge Convention Center Partners (Valley Forge Casino Resort), Chester Downs and Marina (Harrah’s Philadelphia Casino & Racetrack), Holdings Acquisition Co. (Rivers Casino) and Sugarhouse HSP Gaming (SugarHouse Casino) filed applications on deadline day. Should the licence gain approval, each applicant will be able to offer non-peer-to-peer interactive games in the form of slot machines and table games, as well as peer-to-peer interactive poker games. These combined licences will set each of the nine operators back $10m (€8.6m), while other companies wanting to offer online gaming can now lodge a petition to conduct all three or some of the categories of games will face a licence fee of $4m. Despite Pennsylvania moving forward with its online gambling plans, having announced the move to legalise the sector in October last year, there is still a lack of interest in sports betting in the state. Last year, the state passed a sports betting law prior to the Supreme Court’s on PASPA in May this year. However, Pennsylvania has yet to receive any applications for a licence, with many in the industry citing high tax rates as the main reason behind this. Operator wanting to offer sports betting in the state would face a licence fee of $10m, in addition to a tax rate of 36%. The state did earlier this year also legalise daily fantasy sports and has received a number of applications from various operators, including FanDuel and DraftKings.Image: Parx Casino/Instagram Nine casinos apply for Penn online licences Regions: US Pennsylvania Topics: Legal & compliance Tags: Online Gambling Email Address
AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Tags: Online Gambling Co-founder Kelly Kehn calls PA regulator Susan Hensel’s appointment “a tipping point” for organisation Subscribe to the iGaming newsletter All-In adds PA regulator Hensel to board 3rd October 2018 | By Stephen Carter Topics: People People The All-in Diversity Project has added Pennsylvania Gaming Control Board’s director of licensing Susan Hensel to its advisory board.Hensel said she was “honoured to serve our industry” by participating on the All-In board.“I look forward to assisting in the organisation’s efforts to not only gain greater insight and understanding into the importance of diversity, equality, and inclusion but also to increase awareness of these realities within the global gaming sector”, she said.All-In Diversity Project co-founder Kelly Kehn called Hensel’s addition “a tipping point” for the not-for-profit organisation established to benchmark diversity, equality and inclusion in the gaming and betting sector.“It feels like we are on the verge of a breakthrough, and Susan’s experience and deep knowledge of the industry both nationally and internationally, coupled with her passion to see it improve and thrive, will be invaluable as we and the world of betting and gambling move into new and uncharted territories.As director of licensing for the Pennsylvania Gaming Control Board, Hensel oversees licensing of the state’s casinos and other gaming and sports wagering-related companies, as well as employees working in and supporting those industries.She is also a past president of the International Association of Gaming Regulators, serving two terms and sitting on the Board of Trustees. Email Address
Topics: Casino & games Legal & compliance Poker AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Regions: US New York Casino & games 8th February 2019 | By contenteditor Subscribe to the iGaming newsletter New York Representative Gary Pretlow Sr. has put forward a new bill with the aim of legalising online poker in the US state. Tags: Card Rooms and Poker Online Gambling New York to consider online poker bill New York Representative Gary Pretlow Sr. has put forward a new bill with the aim of legalising online poker in the US state.Bill A04924, which sets out plans to classify interactive poker as a game of skill rather than luck, has been passed to the New York Committee on Racing and Wagering for consideration. The bill does not specify whether poker would be available via a computer, mobile or both.The bill includes proposals for the New York State Gaming Commission to launch a licencing process that would be open to operators that already hold a licence to offer video lottery gaming and have some experience of interactive gaming.The Commission would also consider applicants that hold a licence to operate a Class III gaming facility in the state, while licensed applicants would be able to form a partnership with another company to offer online poker. Licences would be issued no sooner than 180 days after regulation comes into effect.However, in order to secure a licence, operators would need to pay a one-off fee of $10m (£7.7m/€8.8m), with each online poker licence running for 10 years.Operators would also face privilege tax at a rate of 15% on gross revenue from interactive gaming activities. This tax, as well any funds derived from penalties imposed by the Commission, would be paid into the New York state lottery fund.In addition, licensees would be required to have relevant safeguarding measures in place to protect consumers. These should include a verification system to ensure the player is of a legal age to gamble and geolocation technology to stop individuals from accessing their services outside the state’s border.Should the bill progress to become law, it would become effective 180 days after this date.Confirmation of the ipoker bill comes as New York lawmakers also consider the possibility of legalising sports betting in the state. Last month, the Commission approved regulations that would allow the state’s four commercial casinos to obtain sports betting licences.However, unlike the new poker bill, the regulations do not include reference to interactive betting, with consumers set to be limited to placing wagers in-person at licensed venues in the state.Image: History Channel Email Address
Topics: Sports betting 24th September 2019 | By contenteditor AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Regions: US New Hampshire Sports betting New Hampshire Lottery to consider 13 sports betting proposals Email Address The New Hampshire Lottery has received 13 proposals from potential vendors and retailers interested in offering sports betting in the US state.The Lottery issued a request for proposals (RFP) for operating sports wagering in New Hampshire on August 7, with responses were due by September 20.Although the Lottery said it will not release any further details about any of the proposals at this stage, given the confidential nature of the RFP process, it did state that it expects to approve final contracts by the end of November and aims to launch the regulated market early in 2020.It was previously stated that partners could be in place by January 1, 2020, with the market to launch by July 1 next year.Read the full story on iGB North America.Image: Hollis1138 Subscribe to the iGaming newsletter The New Hampshire Lottery has received 13 proposals from potential vendors and retailers interested in offering sports betting in the US state.
AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Mascot Gaming presents its amusing video slot with juicy cartoon graphics and exciting features. Multiply your winnings with Benny’s Shoot Me bonus and catch Elephant’s free spins game with up to x125 multiplier Wilds. Thrilling jungle adventure has never been so funny!You can play a demo of this slot here! If you want to review this game you can download the affiliate pack from First Look Games here! Benny’s the Biggest Game by Mascot Gaming Casino & games Mascot Gaming presents its amusing video slot with juicy cartoon graphics and exciting features. Multiply your winnings with Benny’s Shoot Me bonus and catch Elephant’s free spins game with up to x125 multiplier Wilds. Thrilling jungle adventure has never been so funny! Subscribe to the iGaming newsletter Topics: Casino & games Slots Email Address 15th October 2019 | By Aaron Noy
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Topics: Legal & compliance Sports betting Court ruling halts German sportsbook licensing process Germany’s leading sportsbook operator body the Deutscher Sportwettenverband (DSWV) has reacted with dismay after the Darmstadt Administrative Court halted the process to award the country’s federal sports betting licences. Tags: Mobile Online Gambling Email Address 3rd April 2020 | By contenteditor Subscribe to the iGaming newsletter Regions: Europe Central and Eastern Europe Germany Germany’s leading sportsbook operator body the Deutscher Sportwettenverband (DSWV) has reacted with dismay after the Darmstadt Administrative Court halted the process to award the country’s federal sports betting licences.The licensing process was challenged by Vierklee, an Austrian sportsbook operator, which claimed the process, overseen by the Regional Council of Darmstadt, was being conducted with a lack of transparency and was discriminatory.While the full verdict is yet to be published, it represents a last-minute hurdle that casts doubt on whether operators will ever take bets under third amended State Treaty on Gambling.The Regional Council said it would assess the ruling once it was published, before it could make a decision on whether to appeal.“We can confirm the verdict,” it said. “However, we cannot tell you anything regarding consequences right now, since we don’t have/know the detailled reasons of the verdict yet. But for sure we will be evaluating whether we appeal the verdict of the court.”DSWV president Mathias Dahms described the court decision as “a big blow” to the association’s members.This, he said, meant operators faced another significant delay, having been waiting since 2012 to operate in the regulated market.“It is particularly annoying considering licences could have been awarded a long time ago.”It comes weeks after the Regional Council, the Hessian state authority responsible for processing licence applications, had claimed to be close to issuing its first licences. In February it said around 30 operators had applied, with a further 20 expressing an interest in doing so, which would have resulted in around 99% of German sports betting activity moving into the legal market.This was to be accompanied by the first prohibition orders, which would see internet service providers required to block access to unlicensed sites.It would have brought almost eight years of legal wrangling and debate to an end – at least in the short term – should the market have opened. While the State Treaty was originally drafted in 2012, its implementation was delayed by challenges against the legislation.Lawmakers finally reached a compromise in February 2019, agreeing to bring the Treaty into effect for 18 months, from January 2020. This tweaked version, with the original 20-licence cap removed, is due to be replaced by a more expansive framework in which casino and poker are permitted from 1 July, 2021.However, the restrictive controls set out in the third State Treaty are to be retained in the new treaty, the Glücksspielneuregulierungstaatsvertrag (GlüNeuRStV) that was approved by state lawmakers in March.This will see in-play wagering limited to markets on final results and next goalscorer, something that the DSWV has previously criticised.Online slots, meanwhile, have stakes limited to €1 per spin, and states will have a veto over whether to offer online casino. They will also have the option to hand their lotteries a monopoly for the vertical.But as a result of the court challenge, and with the novel coronavirus (Covid-19) pandemic shutting down all major sport, it is unclear whether sportsbook licences will ever be issued under the third State Treaty.“Sports betting providers in Germany are once again denied access to a regulated market and thus legal certainty,” Dahms said in conclusion. “The applicants have once again invested a lot of effort and energy into the application process and prepared for the regulated market.“I also feel sorry for the employees in the Hessian Ministry of the Interior and the Darmstadt Regional Council, who have been very committed in the past few months to finally making the licensing process a success,” he added. “We hope that the authorities can continue, and quickly issue permits.” AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Legal & compliance
Regions: Europe Southern Europe Italy The Italian government is to introduce an 0.5% tax on licensees’ sports betting turnover, which it expects to raise €90m (£80.1m/$98.8m) by the end of 2021, to fund the recovery of the country’s sports following the novel coronavirus (Covid-19) enforced shut-down.Decree Law no. 34, also known as the Decreto Rilancio, sets out a series of urgent measures covering Italy’s healthcare system, as well as providing support for employers and to help the economy recover from the pandemic. It passed into law last week, after the law was published in the country’s Official Gazette.This sees the Fund for the Revitalisation of the National Sports System established under the Ministry of Economy and Finance. It will distribute money to the Ministry of Youth and Sports to support the recovery of professional and amateur sports throughout the country.Money will be generated for this fund through an 0.5% tax on sports betting stakes, covering online and retail wagers. This must be paid on a quarterly basis, until 31 December, 2021.Through this new fund, the Ministry of Economy and Finance aims to raise up to €40m in 2020, then a further €50m in 2021. Should the full-year target be surpassed before the date from which the tax is due to expire, it could be withdrawn at an earlier date, the decree noted.The imposition of the tax comes with Italy’s online and land-based sports betting sectors suffering badly from the suspension of all major sporting competitions. This resulted in betting revenue dropping 59.3% to €75.3m in March, before plummeting 72.7% to just €20.6m in April.Italian operator association Lega Operatori di Gioco su canale Online (LOGiCO) described the new tax as “inappropriate and unsustainable” from economic and legal points of view, contravened the principle of tax equity and threatened to benefit offshore operators.LOGiCO president Moreno Marasco pointed out that a 1% levy on turnover was equivalent to a 20% gross revenue tax, which coupled with an existing GGR tax of 24%, meant that taxes paid by the industry would almost double.Marasco said the betting sector had always supported sport, and argued that the most logical way for the industry to provide funding would be through sponsorship agreements. This, however, had been made impossible by the blanket ban on advertising introduced from 1 January 2019, he noted. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Email Address The Italian government is to introduce an 0.5% tax on licensees’ sports betting turnover to fund the recovery of the country’s sports following the novel coronavirus (Covid-19) enforced shut-down. Italy aims to raise €90m through new betting turnover tax Tags: Mobile Online Gambling OTB and Betting Shops Topics: Finance Sports betting Subscribe to the iGaming newsletter 26th May 2020 | By contenteditor Finance
Since taking the helm at the French lottery and gaming operator she’s sought to improve its gender balance, putting in place internal initiatives aimed at promoting women, as well as being involved in external projects such as Public Gaming Research Institute’s Women in Lottery Leadership. This is the second part of a three-part series online. To read more about how the list was compiled and why it was especially necessary this year, see Most Influential Women 2020: Part 1. Stéphane Pallez CEO, Française des Jeux (FDJ) “For me, diversity is non-negotiable. It’s common sense but we have to reiterate it and relentlessly show evidence: gender equality and diversity are major assets for business and society as a whole.” AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Howard was on the Global Diversity and Inclusion Council at IGT, where she launched the Women’s Inclusion Network. She is currently on the board of directors at Global Gaming Women and co-chairs the network’s marketing committee. People In 2018 we launched the iGB Most Influential Women list to celebrate the highest achieving women in our industry. Now in its third year, the survey has gone from strength to strength and this year we saw a huge increase in the number of nominations from within the industry. Topics: Casino & games Lottery People Sports betting Tribal gaming Licensing Diversity Asked about the secret to her success, she says: “To lead, you need to be able to listen and explain. In other words, you have to be able to give a sense of purpose. You also have to demonstrate your ability to adapt to unforeseen circumstances. Photo by Joel Saget, AFP Photo “I was really heartened to see that during the last class I taught, at least half were women and they took a real interest in gaming. I spent a lot of time talking about the various opportunities that there are for young lawyers and young talent to advance in the industry.” A keen proponent of gender diversity in gaming, Hensel sits on the advisory board of the All-In Diversity Project and regularly encourages women to enter the industry via her work as an adjunct law professor at Widener University. “I’m committed to diversity because it makes us stronger. Diversity is a proven driver of innovation and is needed to be successful on a global scale. With diversity comes new ideas and experiences, as well as different perspectives. It helps build a rich corporate culture and fosters creativity and collaboration.” Eva Karagianni-Goel COO, Colossus Bets Anika Howard VP, digital marketing and branding, Foxwoods “Women currently make up 40% of FDJ’s executive committee. Women also make up virtually the same percentage (41%) of the group’s managers as its overall workforce. We have achieved a global balance, even though there is still room for improvement in some business areas,” says Pallez. Most Influential Women 2020: Part 2 We will publish the rest of the women featured on this year’s list tomorrow in Part 3. There’s no question Howard has been one of the pioneers of the US igaming industry. Beginning her career as a president’s associate at Harrah’s back in 1999, she quickly moved into the then nascent internet marketing space, before setting up a play-for-fun casino. However, there’s been a less positive side to this and one Howard is well-known for her attempts to address. “I have always been in the situation where not only have I been the first in my role, but usually I’m also the first woman or woman of colour. I understand how it feels to be in that space and I feel a strong obligation to create opportunities for other people to have a seat at the table and be included in the conversation.” 24th November 2020 | By Joanne Christie With such form in setting up from scratch, it’s perhaps no surprise that she was snapped up by tribal operator Foxwoods in 2018 as it positions itself for a potential launch of online gaming and sports betting in Connecticut, something Howard is working hard to make happen. “The public health crisis that we’re going through, which is radically different from any we’ve experienced, has, for example, made us learn quickly to manage our business differently in many aspects and we’ve already had lessons from our experience which we can build upon over time.” Having moved into igaming only five years ago after a 10-year career outside the industry, Karagianni-Goel has managed what many others making a similar move have not: she’s used her relative newness to her advantage and instead of being dismissed for her lack of industry experience, has instead been hailed for bringing a “fresh perspective”. Karagianni-Goel is also something of a self-appointed brand ambassador for the gaming industry generally, penning regular articles exploring the ethics of the industry, often provocatively so. “I didn’t want to be a participant in this industry if I didn’t ask enough questions myself so that I could justify my position. By all indications, these efforts are paying off – earlier this year it was announced that FDJ had achieved a score of 99/100 on the gender equality index created by the ‘Avenir Professionnel’ law in 2019, up 15 points on the previous year. “In the past 12-18 months we have come out with a more assertive brand identity. It will take some time to fully pan out, but we are seeing some immediate effects,” she says. “With the recent launch we did with Bet365 and our horse racing pools, they have our brand on their site, so our product was launched as a branded product as opposed to a white label product.” While networking might be part of a gaming exec’s job, with a corresponding amount of time and financial resources provided for such activities, for regulators this is not typically the case. However, Hensel saw it had merits. “In anticipation of online gaming becoming a reality in the US, I decided it was important for me and my organisation to learn everything I could about the subject and to meet everyone I could in the online space and I often did that on my own time and at my own expense.” “What naturally followed was the position that crystallised and I wanted to express that position and it was a way of connecting and engaging with my network.” She launched her own consulting firm in 2009, managing the first US ilottery launch for Illinois, before moving in-house at GTECH (now IGT) in 2013. Here she headed up the Georgia ilottery launch, before taking over strategy for IGT’s mobile and sports betting solutions, including PlaySpot. Email Address This seems to have served Pennsylvania well, with igaming having performed particularly strongly during the Covid-19 outbreak as other gaming outlets were shut down. While successful females are sometimes accused of “pulling up the ladder behind them”, this is a charge that’s unlikely to ever be levelled against Pallez. In this spirit she says she’s particularly pleased to have made this year’s list. “It is especially nice that iGB is recognising the role of the regulator and the work that strong women in government do every day to contribute to the success and sustainability of the industry.” Susan Hensel Director of licensing, Pennsylvania Gaming Control Board “Everything I have done from the beginning of my career has been creating opportunities to expand what is possible in gaming,” she says. “I think the highlight has been the fact that I have been able to really pave a path forward for what is possible in the industry. For each of the positions that I’ve been in, I’ve either been the first, the only, or the trailblazer for that specific role.” The state’s success is due in part to Hensel’s collaborative approach towards operators. “We are partners in the success of the industry. We need each other and it is important to have a conversation in order to understand each other, particularly in online gaming.” When asked to name the first US state regulator that comes to mind, many in the industry would answer Susan Hensel. Partly this is due to her two terms as president of the International Association of Gaming Regulators (between 2011 and 2013), and partly due to her prolific presence at industry events and conferences. Recently promoted to COO, in her previous role as CCO Karagianni-Goel built up both the B2B and B2C arms of the company, placing a heavy focus on brand identity in recent times. After a stint at Stratagem Technologies, she joined Colossus Bets in October 2016 and has since been described by industry insiders as “breaking the mould of what sales people are like” and displaying leadership qualities that have led to the company “punching well above its weight”. Asked what advice she’d give others, she says: “Don’t go for the typical career path, consider what you enjoy doing in your day to day. Also consider not only the surface of what an industry or even a function has to offer, but dig deeper and make that path for yourself.” Subscribe to the iGaming newsletter Tags: Most Influential Women 2020 Pallez has, of course, also taken big steps to make the business activities of FDJ more diverse. Since taking on the CEO role in 2014 – a “new direction” for Pallez after three years as CEO of reinsurer CCR – she’s expanded the company’s B2B arm, put in place a digital transformation strategy and overseen the successful partial privatisation of the company. The second installment of iGB’s Most Influential Women list 2020
For LeoVegas, in order to examine the operator’s AML practices and policies, Spelinspektionen requested information on the 15 customers who won the most money from January 1 2019, when the Swedish online gambling market opened, to 30 November of that year. This followed the country’s National Risk Assessment of Money Laundering and Terrorist Financing report, which said gambling is at its “highest threat level” of money laundering. After this, LeoVegas reclassified the player’s risk level, but the operator said that this was because information about their source of funds already existed, rather than because of their comments. “By not saving all the data and all the information that has collected when customer awareness measures have been taken, LeoVegas has violated the provisions [of the Anti-Money Laundering Act on documentation and retention of data,” the regulator said. Four of these customers were considered by the regulator to be at a low risk of money laundering, so much of the investigation focused on the other 11. Spelinspektionen determined that LeoVegas had deficiencies in its documentation policies. ATG said it had been clear about Swedish bonus rules to its third-party bingo supplier, which created the offer. Subscribe to the iGaming newsletter 27th April 2021 | By Daniel O’Boyle In addition, all customer files lack information on whether LeoVegas has checked if the customers could be classed as a politically exposed position, as well as information on whether the operator asked customers where the funds deposited came from. However, LeoVegas said it did make politically exposed person checks, but they were done through a third party. Spelinspektionen hands LeoVegas and ATG SEK2m penalty fees for AML and bonus failings AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter For the other 10, the regulator said documents were marked with incorrect dates, but LeoVegas said that the dates used were the dates the documents were reviewed and saved, rather than entered. LeoVegas argued, however, that this classification reflected the fact that all of these customers had made large wins, and so their funds could be explained. Regulation The regulator said LeoVegas typically keeps a customer file containing documents and information related to the customer, such as estimates of house and car valuations. However, for one of these customers, these documents were missing entirely. Another player’s net deposits came to SEK82,000. This player was found to have had a criminal conviction and been a member of a criminal organization for ten years. This customer was initially classed as high risk but after income information was collected, was reclassed to medium risk. Money laundering in Swedish gambling has been a hot topic .Last week Gustaf Hoffstedt, secretary general of Swedish trade association Branscheforenigen för Onlinespel (BOS), said that all of the country’s major banking institutions have suspended services they provide to licensed gambling operators, citing money laundering concerns. ATG meanwhile, reported to the regulator that for 48 hours in October 2020, players who purchased bingo tokens would receive free additional bingo tokens. This is in violation of the country’s bonus law, which allows only for introductory bonuses. Because many customers were assessed to be low risk, Spelinspektionen also determined that LeoVegas did not perform sufficient know-your-customer checks on these players. Topics: Legal & compliance Social responsibility Compliance Legal Regulation With Swedish penalties based on the operator’s revenue from the past year, Spelinspektionen opted to hand down a SEK2m fine. Regions: Europe Nordics Sweden In total, 43 players took advantage of the offer and the total value of the free tokens distributed amounted to SEK1,960. The regulator noted that the actions were serious, but added that LeoVegas’ co-operation with the investigation and willingness to take action to combat any failings that were pointed out were mitigating factors. While Spelinspektionen noted that ATG self-reported to issue and took efforts to remedy it, it also considered that the bonus in question directly involved an incentive to gamble more. In addition, it noted that players could take advantage of the bonus as often as they wanted. As a result, it opted to levy a penalty fee of SEK2m. Overall, five of the 11 players were classed as low risk, three a combination of low and medium, two medium and one a combination of medium and high risk. The regulator also examined how LeoVegas classed each customer’s risk level. It noted that one player’s net deposits came to SEK150,000, but was classed as low risk. Swedish regulator Spelinspektionen has handed both LeoVegas and ATG warnings and SEK2m (£171,000/€197,000/$238,000) penalty fees over anti-money laundering (AML) failings related to customers with especially large winnings and bonus violations, respectively. Tags: Spelinspektionen LeoVegas Another customer made total deposits of SEK1.7m, with net deposits of SEK58,000, and was assessed to be of medium risk. This customer told LeoVegas customer service that they would leave the operator if it asks questions about their finances and source of funds. Spelinspektionen, however, noted that many of these customers had high net deposits after withdrawals were accounted for and should have classified at least two further players as high-risk. Email Address