{"id":94,"date":"2024-06-13T16:38:56","date_gmt":"2024-06-13T13:38:56","guid":{"rendered":"https:\/\/lionsslotsnodepositbonus.icu\/2024\/06\/13\/betsson-slapped-with-e2-5-million-fine-in-finland-for-unlicensed-operations\/"},"modified":"2024-06-17T12:57:56","modified_gmt":"2024-06-17T09:57:56","slug":"betsson-slapped-with-e2-5-million-fine-in-finland-for-unlicensed-operations","status":"publish","type":"post","link":"https:\/\/lionsslotsnodepositbonus.icu\/2024\/06\/13\/betsson-slapped-with-e2-5-million-fine-in-finland-for-unlicensed-operations\/","title":{"rendered":"Betsson Slapped with \u20ac2.5 Million Fine in Finland for Unlicensed Operations"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/nZfqa22UhlM\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>Gaming giant Betsson received a significant \u20ac2.5 million penalty (approximately $2.7 million USD) from Finnish regulators for violating promotional regulations.<\/p>\n<p>The issue stems from Betsson&#8217;s lack of an operational license in Finland. Despite this, Finnish officials discovered the company engaging in what they deemed &#8220;long-standing advertisement campaigns directed at the Finnish mainland&#8221; across multiple channels.<\/p>\n<p>A warning and subsequent hearing seemingly had little impact, as Finnish authorities asserted that Betsson continued to prioritize mainland Finland as a key demographic.  They essentially accused Betsson (specifically their parent company, BML Group) of generating substantial revenue through these questionable marketing tactics. This time, authorities took decisive action.<\/p>\n<p>In addition to the substantial fine, Betsson was mandated to immediately halt all marketing initiatives targeting mainland Finland. This encompasses removing existing campaigns and ceasing any surreptitious advertisements on external websites.<\/p>\n<p>These repercussions took effect on June 3rd, though Betsson is currently contesting the decision through an appeal.<\/p>\n<p>The situation presents a stark contrast to Betsson&#8217;s recent pronouncements of a highly successful first quarter in 2023, boasting a considerable \u20ac147.5 million profit \u2013 a 38% increase compared to the previous year. <\/p>\n<p>For six decades, Betsson has prioritized ensuring its clientele has an enjoyable experience \u2013 be it casino offerings, wagering on athletic events, or any other service we provide,&#8221; stated Pontus Lindwall, Chief Executive Officer of Betsson AB. &#8220;This principle is central to all our operations at Betsson, shaping our work ethic and how we guarantee returns for our investors.&#8221; <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gaming giant Betsson received a significant \u20ac2.5 million penalty (approximately $2.7 million USD) from Finnish&hellip;<\/p>\n","protected":false},"author":34,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Betsson Slapped with \u20ac2.5M Fine for Illegal Gambling Ads in Finland<\/title>\n<meta name=\"description\" content=\"Gaming giant Betsson faces a hefty fine for allegedly targeting Finnish players with gambling ads despite lacking a local license. 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