Kindred Group intends to appeal fine from Norwegian regulator

Kindred Group will challenge a fine imposed by Norway’s gambling regulator, Lotteritilsynet
Kindred Group intends to appeal fine from Norwegian regulator

Kindred Group testament dispute a amercement imposed past Norway’s gaming regulator, Lotteritilsynet.

The companion is cladding a fine of NOK 1.2m ($111,902) per solar day from 5 Oct for allegedly conducting unlicensed operations inwards Norway.

But Kindred has remained defiant. Earlier this year, Lotteritilsynet ordered the chemical group to “cease and desist” or else face a fine.

Kindred’s Maltese cat subsidiary Trannel stands accused of allowing Norwegian customers to gamble, which according to Lotteritilsynet, violates Norway’s strict monopoly.

In response to the order, the mathematical group lodged an appeal, but this was rejected past the capital of Norway District Court. Nevertheless, Kindred has continued to operate as usual.

Events experience at present come in to a head; Lotteritilsynet has followed through on its threat to impose a sanction fee, but the grouping intends to at one time once more appeal.

“We will appealingness the decision of Lotteritilsynet regarding the issuance of this imprimatur fee and testament preserve operating as usual, as long as the legal physical process is ongoing,” said Henrik Tjärnström, Kindred’s CEO, inwards an question with Dagens Industri.

Tjärnström went on to contravention the take that Kindred yet has trading operations in Norway, remarking: “We are licensed inward Malta and believe that Norwegian customers below electric current European economical lawmaking have got the right hand to caper on foreign sites if they wish.”

Despite Kindred’s lack of success thus far inward Norway’s effectual system, Tjärnström is to a greater extent optimistic regarding the group’s latest appeal.

“It is local courts inwards Norway that feature ruled so far, and it is hard to catch the dot crossways inwards the number 1 points of call,” he said. “But this is a larger go forth than just for those courts. It will show with the appeal where this ends up.”