Finbold.com recently issued a report involving the GDPR Fines for 2020. Data shows that European countries were fined a total of €171.3 million, from January 1st of last year through January 1st of this year. Of the fines issued, it seems that data breaches were the main problem area for operators.
Breaking down the fines, it was Italy that saw the highest price point, at €58.16 million. The country was subject to 34 violations. The United Kingdom was the second country on the list with €43.9 million in fines. The difference here is that the high total was due to only three violations. Third on the list was Germany, who had three violations as well and paid €37.39 million.
Sweden and Spain were also fined, but at much lower rates. Sweden saw operators served with 15 violations, which led to €14.27 million in fines. Spain had the most incidents, at 128, but was only fined €8 million.
The highest fine overall was issued to H&M Heenes & Mauritz online Shop AB & Co. KG in Germany. The company failed to have proper data protections in place which resulted in a fine of €35.25 million. The second largest fine for the year occurred in Italy with TIM. The company was fined €27.8 million.
In its findings, Finbold pointed out via Oliver Scott, the chief editor, that the fines occurred in areas where organizations have been asked to provide better measures for consumer data protection. Regulators are constantly working to ensure that players are protected, by way of personal information as well as from gambling harm.
Changes are expected in several countries this year to ensure better player protections. France just announced changes are coming this year to protect young people from gambling harm as well as vulnerable adult players who take part in gambling activities.
#1 Editor's Choice All-in-One Gambling Site: BetOnline.ag
BetOnline.ag is one of the most reputable online poker sites that still cater to United States players and ALL grinders worldwide. Claim your 100% poker bonus and/or FREE $25 sports bet!
- New players can earn up to $1,000 in bonus cash on their 1st deposit.
- Ridiculously crisp software and graphics - no lag whatsoever online or on your mobile device.
- Super easy to deposit on - #1 credit card acceptance rate ANYWHERE; Cryptocurrency also accepted!
- 24/7 live support, VERY FAST payout speeds and built-in sportsbook and casino.
- $25 FREE BET available and other perks you can use at their online or LIVE DEALER casino.
EDITOR'S NOTE: BetOnline welcomes players from ALL 50 states and from ALL OVER THE WORLD w/ limited restrictions.