Finland flexes payment blocking powers by blacklisting Betsson

Finland flexes payment blocking powers by blacklisting Betsson

Article brief provided by iGaming Business
  • Kyle Goldsmith, iGaming Business
March 3, 2024 1:48 PM
  • Kyle Goldsmith, iGaming Business

Betsson’s BML Group subsidiary is the first gambling operator blacklisted by Finland’s National Police Board (NPB), blocking any payments to its brands from players in the country.

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The NPB revealed a list of organisations placed on its blacklist [on 29 February]. This was comprised entirely of Betsson, BML Group and 13 of the operator’s brands.

It is the first time an operator has faced blacklisting in the country. It follows Betsson losing a court case to the NPB earlier this month. Banks, payment service providers and virtual currency providers are now obliged to block all money transfers from Finland to BML.

The case dates back to May last year when BML Group was ruled to have targeted Finnish players via marketing and advertising campaigns in violation of the Finnish Lotteries Act.