Norwegian gambling regulator Lottsift warned Kindred and the Norwegian Chess Federation (NSF) about an ensuing commercial deal. Following the warning, the Chess Federation has dropped a deal with gambling operator Kindred Group.
The NSF Congress voted 132-44 against the agreement on Sunday. Both NSF and Kindred confirmed that the deal stands canceled.
Earlier, Kindred and the NSF had signed a five-year partnership agreement according to which the gambling operator would pay NOK10m ($1.16m) each year to the NSF.
But once the deal came public domain, the country’s gambling regulator warned the Chess Federation of the consequences of partnering with a gambling operator which is offering its services in the country without having the necessary permissions.
“This has been an intense and occasionally demanding debate for Norwegian chess, but now Congress has made its choice, and this is a decision the central board of NSF must and will relate to in the further work,” NSF president, Morten Madsen, said.
Earlier in May, Norwegian Gaming Authority, Lottstift, ordered Trannel International, a Kindred Group subsidy operating in Norway, to warp up its business and shut down operations in the country.
Kindred subsidiary Trannel International owns and operates online betting sites Maria Casino, Grand Piano, and Bingo.com – all of which have been banned from operations in Norway.