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The Latest in spelinspektionen
Industry
March 28, 2024
Sweden Bans Three Gambling Companies, Including Two Skins Betting Brands
Sweden’s gambling regulator, the Spelinspektionen, announced that it has taken action against three gambling operators. As announced, the authority has banned two companies that operated without a license and a company that, in addition to lacking the necessary license, actively promoted its content to Swedish audiences. According to the Spelinspektionen, two of the banned companies, […]
Industry
March 26, 2024
Spelinspektionen Fines Svenska Spel $9.5M for Failures
Svenska Spel Sport & Casino, which is the online branch of the state-owned Swedish gambling operator, has been fined SEK100 million ($9.5 million) for several failings related to player duty of care. Improper Player Safeguards, Says the Regulator The penalty fee resulted at the end of an investigation that took place between October and December […]
Industry
March 25, 2024
Yggdrasil Fined in Sweden for Providing Software to Unlicensed Operator
The Swedish Gaming Authority (SGA) has levied a SEK300,000 ($28,350) fine against Yggdrasil for supplying software to an online gambling operator that lacked a Swedish license, marking the first such penalty under the new B2B licensing requirements. This case serves as a warning to the broader industry, signaling that the SGA will not tolerate licensed […]
Industry
March 22, 2024
Spelinspektionen to Assess Accounts Used for Criminal Activities
According to a new government mandate from the Swedish authorities, the country’s gambling authority, Spelinspektionen, has been asked to assess all the risks tied to gambling accounts that are used for money laundering and other similar types of criminal activities. Proposals to Be Drafted After the Assessment At the end of the thorough reviewing process […]
Industry
March 8, 2024
Swedish Gambling Regulator Extends MoU Agreement with UKGC
In November 2019, Spelinspektionen, the Swedish gambling regulator, inked a Memorandum of Understanding (MoU) with the gambling regulator in the UK, the Gambling Commission. The international collaboration focused on identifying best practices, exchanging information and ensuring the sustainable growth of the two markets. The strategic MoU between the Gambling Commission and the Swedish gambling regulator […]
Industry
February 27, 2024
Sweden Didn’t Penalize Infiniza, Infuriating BOS
Spelinspektionen, the Swedish gambling regulator, aggravated the Swedish Trade Association for Online Gambling, BOS, by deciding not to levy charges against Infiniza. BOS emphasized its disagreement with this decision and demanded stricter regulations. For reference, Infiniza is a Malta-based online operator that offered its products to Swedish players despite lacking the necessary license. Originally, Sweden […]
Industry
January 31, 2024
Sweden to Allow Licensees to Share Customer Data with SGA
Sweden is considering major changes to its gambling laws in an attempt to intensify the efforts against match-fixing in professional sports. As outlined in a new memorandum, the government wants to provide gambling operators with the ability to share personal customer data in certain cases. Currently, the European Union’s Data Protection Regulations prevent operators from […]
Industry
January 23, 2024
SGA Takes Action against Two More Operators
Spelinspektionen, the Swedish Gaming Authority (SGA), has taken action against two companies providing games in the country without proper licensing. Such actions represent a severe violation of Sweden’s gambling regulation and led to immediate action. The authority was adamant that the two operators threatened the safety of Swedish players, reaffirming its commitment to a sustainable […]
Industry
January 16, 2024
Spelinspektionen Signs Memorandum of Understanding with IBIA
The Swedish Gambling Authority (Spelinspektionen, SGA) has joined forces with the International Betting Integrity Association (IBIA), signing a memorandum of understanding (MoU) on sports betting integrity. Under the MoU, the Swedish regulator will work with the largest international betting integrity monitor in the world, allowing it to better prevent fraud. The agreement will see the […]
Casino
December 20, 2023
Spelinspektionen Fines Casino Cosmopol $200K over AML Breaches
The latest company to have been handed down a fine is Casino Cosmopol which admitted fault and agreed to pay SEK2 million, or $200,000, to the regulator. This penalty is awarded in relation to anti-money laundering (AML) breaches outlined in the watchdog’s conclusion of the case and the two-year investigation. Cited Breaches Are a Matter […]