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February 13, 2012
Gambling site to repay addict's lost millions
Published: 28 Dec 09 08:39 CET | Double click on a word to get a translation
Online: http://www.thelocal.se/24076/20091228/
In a surprising move, a gaming company has agreed to pay back some of the millions of kronor a company in Uppsala in eastern Sweden lost due to an employee’s gambling addiction.
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The 4.9 million kronor ($673,000) repayment deal, details of which remain secret according to a representative from the Uppsala company, comes after the woman in charge of the firm’s finances gambled away 15 million kronor in company funds.
The woman was recently sentenced to three years in prison and ordered to pay 10 million kronor in compensation to the company, which had to lay off some of its roughly 30 employees and saw what it expected to be a profitable year turn into one with a multi-million kronor loss because of the woman’s actions.
The woman’s attorney, Anders Wallin, said he plans to ask the court to reduce the amount of money his client has been ordered to pay if he can confirm the gaming company’s repayment.
In court, the woman explained that she was able to lose up to one million kronor in one night playing on the gaming company’s website.
Rules posted by the gaming firm stating that players could lose no more than €2,500 ($3,600) in a 24-hour period were not followed, according to the woman.
The company behind the gambling site also gave the woman tens of thousands of kronor in bonuses in a restricted account, which she quickly gambled away.
“It’s obvious that the gaming company understood that something was wrong. If the woman’s account of how the company acted is accurate, she has definitely been used and therefore it’s appropriate for a repayment to take place,” the prosecutor in the case, Kenneth Brattström, told the newspaper.
None of the industry experts with whom UNT spoke had ever heard of a gaming company repaying a party victimized by gambling addiction.
“I’ve never heard of anything like it,” Thomas Nilsson of the gambling research firm Spelinstitutet told UNT.
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