Kindred will stay in Norway and appeal daily fines

Kindred will stay in Norway and appeal daily fines

Article brief provided by iGaming Business
  • Marese O'Hagan, iGaming Business
September 26, 2022 9:16 PM
  • Marese O'Hagan, iGaming Business
  • Norway
  • Igaming
  • Sports Betting

Kindred has announced that it will remain in the Norwegian market, and appeal regulator Lotteritilsynet’s decision to impose daily fines on its operations.

Lotteritilsynet announced that it would pursue the fines – of NOK1.198m (£103,700/€116,000/$111,700) for every day its Trannel subsidiary continues to operate in Norway – earlier this month.

The fine would come into effect three weeks from the day the regulator decided to issue it – which would be 5 October.

Earlier this year, Lotteritilsynet warned Kindred to withdraw form the Norwegian market or pay this fine, but Kindred said it would stay in the market as the operator did not believe it was in breach of any laws.