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SkillOnNet Warned To be More Vigilant With KYC Checks by Swedish Regulator

SkillOnNet, one of the most successful casino software providers and turnkey gaming operators has been warned by the Swedish regulator Spelinspektionen to be more vigilant with KYC (Know your customer) information in preventing non-Swedish players from accessing PlayOjO.

PlayOjO

PlayOjO is one of SkillOnNet’s most successful brands offering players a no-nonsense gaming experience with zero wagering requirements.The regulator has said there are flaws in the SkillOnNet system which determine whether a registered player using the platform is a permanent resident of Sweden or not.

Stricter Monitoring Of Player Information

SkillOnNet must submit a report to the regulator before 1st March 2021 as to how they are monitoring their Swedish players and if they are residing in Sweden permanently. At the moment only permanent residents are able to register under the regulatory laws.The regulator will monitor the way the operator processes its registered player information, player identification, and checking all newly registered players against self-exclusion registers. The regulator also voiced concerns on its registered players with SkillOnNet brands and identified more issues regarding the company’s permitted manual processes.SkillOnNet who operates many online platforms in Sweden has been found guilty of violating bonus terms in 2019, after receiving a stern warning they were issued a fine of 14m SEK. After appealing the fine they finally lost last week.SkillOnNet had been found violating Swedish regulations after offering players registration bonuses, something which has been strictly prohibited since 2019.

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