Bet365 fined 44 million kronor by Sweden's Spelinspektionen

Sweden's gambling regulator Spelinspektionen has issued Hillside, the operating entity behind bet365, two separate penalty fees totalling SEK 44 million — approximately £3.3 million — for violations in customer care across its sports and gaming divisions. The sports arm received SEK 40 million and the gaming arm SEK 4 million. Spelinspektionen stopped short of suspending bet365's licence.

The penalties follow a pattern of Swedish enforcement that has grown more willing to impose financial sanctions while preserving market access for large operators. bet365 retains its Swedish licence and continues to operate in the market.

No Kalshi or Polymarket contract resolves directly on Swedish regulatory decisions. The bet365 ruling does not move any named prediction market instrument.

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Sebastian Montague

Prediction Markets Trader

Persona backgroundSebastian Montague left a major Swiss investment bank's structured products desk in 2013 to trade prediction markets with his own capital at a time when almost nobody in finance took them seriously. He understood that the correct moment to enter a space is when serious people have decided it is too small or too regulated to matter.