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The Latest in atg
Industry
March 15, 2024
ATG Worried about Persistent Swedish Channelization Decline
Countries across Europe have implemented different laws when it comes to gambling activities. While some jurisdictions on the Old Continent have stringent laws regulating iGaming, in others the rules are rather lax. Regardless of whether or not the regulations are strict, the black market continues to threaten the legal sector and gambling regulators in many […]
Industry
February 8, 2024
Sweden’s Top Operators Report Responsible Gambling Progress
Svenska Spel, Kindred Group and ATG have published an update on their responsible gambling activities in Sweden in H2 2023. The three major Swedish operators reported positive results in July and continued to strive to reduce harmful gambling in the country throughout the second half of the year. Svenska Spel Interacted with 1.9% of Its […]
Industry
January 22, 2024
ATG Promotes Differentiated Tax as Sweden Prepares to Raise Gambling Taxes
Aktiebolaget Trav och Galopp (ATG), Sweden’s former horse racing monopoly, is not happy with the country’s plans to introduce a tax hike. Hasse Lord Skarplöth, the operator’s chief executive officer explained that his team was shocked by the proposal and called for differentiated tax that would protect the racing sector. For reference, Sweden plans to […]
Business
September 28, 2023
Kambi Group Inks Partnership Extension with ATG
Kambi Group has extended its partnership with AB Trav och Galopp (ATG), a Swedish horse racing and sports betting company. Under the agreement, the former party will continue to supply its Swedish client with cutting-edge solutions. The two parties originally joined forces in 2018, allowing Kambi to roll out its products in Sweden. The partnership […]
Legal
July 4, 2023
Administrative Court in Sweden Overturns $550K Fine against ATG
Spelinspektionen, the Swedish Gaming Authority, announced Monday that a fine it imposed against the horseracing and betting operator, AB Trav & Galopp (ATG), has been annulled by the Administrative Court in Linköping. The fine was imposed by the gambling watchdog back in November 2022 and it came along with a warning over anti-money laundering failures. […]
Business
April 28, 2023
ATG Posts Suboptimal Q1 Results amid Economic Headwinds
Aktiebolaget Trav och Galopp (ATG), Sweden’s former horse racing monopoly, posted its Q1 financial results, highlighting a bumpy period for the company. The suboptimal results were attributed to the macroeconomic headwinds. ATG’s net gaming revenue for the first three months of 2023 was SEK 1.19 billion (around $116 million). This figure represents a 5.9% year-on-year […]
Legal
November 23, 2022
Sweden Fines ATG over AML Failures
Responsible for guaranteeing the safety, legality, and trustworthiness of the gaming and gambling industry in Sweden, the Swedish Gaming Authority (Spelinspektionen) is constantly busy supervising operators and issuing penalties to correct bad behavior. Last fall, the regulator started supervising horseracing and betting operator ATG, with a focus on its anti-money laundering policies and the way […]
Business
October 27, 2022
Kindred, Svenska Spel and ATG Form Gambling Data Deal
Kindred Group, the leading online gambling operator consisting of nine brands, announced a new collaboration with Svenska Spel and ATG on Wednesday. The trio forged a new partnership that will seek to raise awareness of problem gambling and help reduce gambling harm through dialogue. New Data Will Raise Awareness of Gambling Harm in Sweden As […]
Casino
October 7, 2022
ATG Opposing Bonuses, CEO Says They Drive Gambling Addiction
Sweden has been trying to reform its gambling scene and growing it while also making it more secure for players seems to be a polarizing hurdle that’s stalling the process. Those leaning more towards the business side of the problem suggest easing regulation to allow the market more space to grow. However, there are also […]
Industry
October 3, 2022
NeoGames’ Pariplay Expands Swedish Market Reach via ATG Deal
Provider of digital lottery and gaming solutions NeoGames announced that its subsidiary Pariplay has moved to significantly expand its reach in Sweden via a distribution agreement with ATG. Delivering on Promises The major distribution deal between Pariplay and ATG will see the Swedish sports betting and horse racing operator gain access via Pariplay’s Fusion aggregation […]