Industry
May 30, 2023
Sweden’s Gambling Sector Revenues Level Out as the Market Settles Down
The past few years have seen Sweden’s gambling industry undergo significant changes, motivated by the government’s commitment to enduring player protection and responsible gambling practices. Despite gambling revenue leveling out, operators in the country can still bring in substantial profits and contribute to a sustainable and socially responsible gambling landscape. The Industry Has Reached an […]
Industry
May 30, 2023
Camilla Rosenberg Remains at the Helm of Spelinspektionen
Spelinspektionen, the Swedish Gambling Authority, tasked with the regulation of gambling activities in the country, revealed on Tuesday that it extended the term of its current director general. The regulator confirmed that Camilla Rosenberg, who currently serves as director general, will remain in her role until October 31, 2026. Rosenberg joined the Swedish Gambling Authority […]
Legal
May 15, 2023
Spelinspektionen Can Now Block Payments From Unlicensed Operations
The amendment of Sweden’s Gaming Act has brought a series of important changes to the country’s gambling legislation. Among the big changes that will go into effect starting July 1, we can mention the Swedish legislature appointing a number of powers to Spelinspektionen. Besides the revised right to block electronic payments under suspicion of the […]
Industry
May 5, 2023
Sweden Urges Spelinspektionen and Finansinspektionen to Work Together
Spelinspektionen, Sweden’s gambling regulator, announced that the government has urged it to work together with the Financial Supervisory Authority (Finansinspektionen) to combat illegal gambling. This comes following the introduction of changes to the gambling regulator’s powers. According to the Swedish government, the Spelinspektionen and the financial authority should work together to control financial transactions related […]
Industry
April 13, 2023
BOS Nods Higher Fees to Fund Spelinspektionen in Sweden
Government officials in Sweden recently proposed an increase in the budget allocated for Spelinspektionen, the Swedish Gaming Authority. The proposal seeks to deliver funding of SEK2.4 million ($230,360), which is ultimately expected to help Spelinspektionen with strategic processes related to licensing as well as monitoring of the market. The latest proposal, announced last week, may […]
Industry
April 6, 2023
New Funds to Help Spelinspektionen Target Unlicensed Operators
The Swedish Gaming Authority (Spelinspektionen) is likely to receive new funds to help its mission to enhance the supervision of the gaming market in the country and oust unlicensed operators. Combat Organized Crime The Swedish government proposed legislators increase the budget allocated to Spelinspektionen in 2023 by SEK2.4 million ($230,360) to boost the watchdog’s capabilities […]
Industry
April 4, 2023
Spelinspektionen Board to Continue Sporting Seven Members
The Swedish gambling regulator, the Spelinspektionen, announced that its board will continue to be comprised of seven members. The authority’s decision was greenlit by the current government, led by the Centre-Right Alliance coalition. The Spelinspektionen provided a peek into its new board, showing that it will remain more or less the same as it has […]
Business
April 3, 2023
Swedish Gambling Regulator Awards Hacksaw Gaming B2B License
The fast-growing iGaming content provider, Hacksaw Gaming, announced it expanded further its European footprint after securing a new business-to-business (B2B) license. On Monday, the company confirmed that the Swedish Gambling Authority (SGA), approved its B2B gaming license. This license enabled Hacksaw Gaming to deliver its content to gambling operators licensed within the market in the […]
Legal
November 23, 2022
Kindred Group Accepts $1.3M Swedish Fine, Shows Improvement
Spelinspektionen or the Swedish Gaming Authority has issued a new warning and fine to Kindred Group, an established gambling company in the country, with the regulator arguing that the Group had fallen short of meeting certain regulatory standards. Spelinspektionen has taken issue with what it argues are insufficient measures assessing the potential risk of the […]
Industry
October 25, 2022
BOS Welcomes New Gaming Policy Minister
Last month, the Swedish Trade Association for Online Gambling, Branschföreningen för Onlinespel (BOS) expressed hope that the newly elected government would show more interest in commercial companies and eradicate certain gambling restrictions. Now, the industry’s trade body has given a warm welcome to Nyklas Wykman, the country’s newly elected minister in charge of gaming policy. […]