Kindred, which recently announced the departures of four of its leading executives, is facing more bad news. Its long-running fight to provide online gaming entertainment to Norwegians is coming to a close, but with no happy ending for the company.
Kindred, through its Trannel subsidiary, has been in a drawn-out battle with the Norwegian Gaming Authority (NGA) over its right to offer its services in the country. For five years, it has asserted that as a Malta-based company, Trannel is allowed to operate across Europe, and that Norway’s state-run gaming monopoly system is wrong.
Neither the NGA nor Norwegian court judges have agreed, with Kindred potentially facing millions of dollars in fines for not complying. Kindred previously agreed it would no longer actively pursue customers in Norway, but added that it can’t do anything if Norwegians still find one of its platforms.
Kindred, through its Trannel subsidiary, has been in a drawn-out battle with the Norwegian Gaming Authority (NGA) over its right to offer its services in the country. For five years, it has asserted that as a Malta-based company, Trannel is allowed to operate across Europe, and that Norway’s state-run gaming monopoly system is wrong.
Neither the NGA nor Norwegian court judges have agreed, with Kindred potentially facing millions of dollars in fines for not complying. Kindred previously agreed it would no longer actively pursue customers in Norway, but added that it can’t do anything if Norwegians still find one of its platforms.