Kindred slams “ill-founded” Swedish deposit cap proposals

Kindred slams “ill-founded” Swedish deposit cap proposals

Article brief provided by iGaming Business
  • Nosa Omoigui, iGaming Business
January 20, 2022 10:23 PM
  • Nosa Omoigui, iGaming Business

Sweden-based operator Kindred has slammed proposals from the country’s government to re-introduce temporary restrictions on online gambling, including an SEK4000 [$US433] per week deposit cap for online slots.

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The temporary measures on online casino games are expected to come into force on 7 February 2022 and remain in place until June if they are deemed necessary.

As well as the deposit cap, other proposed measures include a mandatory login time limit for players gambling online or at state-owned locations, and a loss limit when gambling at a machine outside of a casino.

It was also proposed that the the value of a bonus with an online operator, and when playing at slot machines in places other than a casino, should be limited to a maximum of SEK100.