{"id":1769026,"date":"2022-09-18T02:00:00","date_gmt":"2022-09-18T06:00:00","guid":{"rendered":"https:\/\/platogaming.com\/?post_type=station&p=1769026"},"modified":"2022-09-18T02:57:26","modified_gmt":"2022-09-18T06:57:26","slug":"kindred-could-face-fine-of-up-to-42-7m-if-it-continues-to-operate-in-norway","status":"publish","type":"station","link":"https:\/\/platogaming.com\/plato-data\/kindred-could-face-fine-of-up-to-42-7m-if-it-continues-to-operate-in-norway\/","title":{"rendered":"Kindred Could Face Fine of up to $42.7m if It Continues to Operate in Norway"},"content":{"rendered":"
Norway\u2019s gambling regulator has issued a warning to Kindred Group that it could face a fine of as much as NOK437m (US$42.7m) if it continues to operate in the nation. Lotteritilsynet said that Kindred Group is illegally operating in the country and could have to deal with the hefty compulsory fine within one year.<\/p>\n
Lotteritilsynet explained that the daily fine can get as big as the operator\u2019s annual gross profit, which the regulator believes to be about NOK437m (US$42.7m). It plans to fine Kindred Group\u2019s Trannel subsidiary NOK1.198m (US$117,279) each day that it remains in the Norwegian market.<\/p>\n
\nregulator has previously issued warnings to Kindred Group<\/p>\n<\/blockquote>\n
Lotteritilsynet officially made its decision on Wednesday; the daily fine would kick in three weeks later. The regulator has previously issued warnings to Kindred Group about possible penalty action against the operator if it did not leave the market.<\/p>\n
Two opposing views<\/h2>\n
While Trannel does not currently have any sort of license that allows it to operate in Norway, its Bingo, Storspiller, Maria Casino, and Unibet brands are currently accessible to people in the nation.<\/p>\n