Betway has received a reprimand plus a penalty charge from the Swedish Gaming Authorities for making unlicensed bonuses and promotions.
Betway broke a provision that stipulates that gambling businesses operating under a Swedish license can only give a reward on the initial betting chance.
According to a notice by the Swedish Gaming Inspectorate, Betway employed a 200 percent “match” bonus advertising effort, and customers were allowed to redeem the offer many times.
However, “extenuating factors” existed, including the fact that the breach occurred over just a couple of days and Betway initiated prompt corrective action. A €9,745 punishment cost was assessed.