Betway is fined$ 100,000

Betway receives remark and sanction fee

Decs
Article of: Karen Lynch
Last updated: 18/03/2022

Betway receives $ 100,000 fine

The New Zealand licensed betting company Betway Limited that operates the reputable gaming site Betway receives both a remark and a penalty fee issued by the Gambling Inspectorate. The reason for this is that they have made use of unauthorized bonus offers.

Betway is best known for its betting and sports betting but it also has a popular online casinos .

Offer bonuses to existing players

All online New Zealand casinos license issued by has strict bonus rules to adhere to. One of the rules is that the bookmakers may only offer a bonus to their players, and this must be done in connection with the player's first deposit on the gaming site, thus a so-called bonus .

"The violation was of a less serious nature”

Betway New Zealand has in a marketing campaign offered 200% match bonus to its already existing players. Players who have previously made deposits, and perhaps even received a bonus from Betway Limited in the past. This is a violation of the New Zealand gambling regulations that New Zealand casinos with a gaming license must comply with.

The gambling Inspectorate considered that there were mitigated circumstances

Although the violation itself is serious, the Gambling Inspectorate considered that a remark and penalty fee were sufficient when there were mitigated circumstances. The circumstances included that the promotion had only been marketed for a short period of time and that Betway had rectified it as soon as they became aware of their own infringement.

Betway signed themselves up

Betway Limited themselves reported to the New Zealand gambling authority in June 2021 that a marketing incident had occurred. The promotion was actually intended for players registered on a smaller brand managed by Betway Limited, but happened instead to become available to all Betway players. No marketing communication, such as e-mail or similar took place.

has therefore made the overall assessment that the infringement was of a less serious nature and that a remark together with a penalty fee is a sufficiently strong intervention. The sanction fee was$100,000 onor.

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