Swedish trade body BOS warns AML fine plans risk 'double punishment' for operators

The Swedish trade body BOS, which represents gambling operatorsОператорAn operator in gambling and betting is the company that holds the license and runs a casino or bookmaker platform, and is responsible for players and the payments made to them., has spoken out against the proposed basis for calculating fines for anti-money laundering violations. According to the report, the association believes fines should not be based on group turnover or totalТоталTotal is a bet on the total number of points, goals, games or other events in a match relative to the bookmaker's line: over or under. stakes.

According to the announcement, BOS proposes linking fine amounts to gross gaming revenue (GGRGGRGGR (gross gaming revenue) is the difference between the total amount players wager and the total winnings paid out to them over a period, before deducting bonuses, taxes and expenses.) generated on the Swedish market. The association argues that a different approach could leadЛидLead — a contact or sign-up from a potential customer, collected through an offer form: phone number, email, or registration. The base unit of payment in the CPL model. to double punishment for operators.