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The Latest in Sweden
By
Legal

Swedish Gambling Authority Slaps Kindred With $10M Fine

The Kindred Group which is one of the most popular online gambling operators on the planet has recently run into some trouble in the Swedish market. Spelinspektionen, the Swedish Gambling Authority has recently fined the online gaming company with a record SEK100 million (about $10.1 million) for some violations it made against the country’s gambling […]

Swedish Gambling Authority Slaps Kindred With $10M Fine
By
Sports

Svenska Spel Says More Needs to be Done to Tackle Match-Fixing

Leading Swedish gaming and sports betting company Svenska Spel insists on “sharper” regulatory measures to ensure that sport is free of match-fixing practices. Svenska Spel Questions Spelinspektionen Proposed Regulations Svenska Spel, one of the largest gaming and sports betting companies in Sweden, has issued a statement disagreeing with the Swedish Gambling Authority known as Spelinspektionen […]

Svenska Spel Says More Needs to be Done to Tackle Match-Fixing
By
Casino

Sweden’s Gambling Regulator to Introduce New AML Measures

Spelinspektionen will replace the DAR money-laundering system by March 1, 2020 Operators can start applying as early as December 9, 2019 Sweden is targeting irregularities and offshore websites as well as potential links to terrorism funding Sweden’s iGaming watchdog Spelinspektionen is setting up a new anti-money laundering (AML) measure to replace the existing DAR system. […]

By
Sports

Spelinspektionen Clears Bet365 of U-18 Betting Charges

Sweden’s gambling regulator concludes U-18 betting probe Bet365 and other three companies cleared of charges Spelinspektionen considers suspending in-play wagers altogether Spelinspektionen has cleared four betting operators – including Bet365 and Betsson – from charges that the companies had offered in-play options on U-18 athletes. Spelinspektionen Clears Bet365, Betsson of Charges Sweden’s gambling regulator, the […]

By
Legal

LeoVegas’ Swedish License Extended After Court Ruling

LeoVegas awarded 5-year license by Swedish court Regulator’s previous decision cancelled LeoVegas takes this as a proof of the professionalism of the company’s business A Swedish court has extended LeoVegas’ gaming license to five years, after the Spelinspektionen allowed the company only two years of operations originally. Swedish Court Extends LeoVegas’ License to Five Years […]

By
Business

Betsson and Svenska Spel Find Swedish Market Tough

Betsson and Svenska Spel among the affected operators in Sweden Results fall across the board for all operators Bonuses and advertisement could be banned Betsson is the latest operator to be affected by the tough Swedish market where regulatory measures intensify. Svenska Spel and Betsson’s Results Tank in Sweden Newly-regulated, the Swedish gambling market has […]

By
Casino

Svenska Spel Posts Weaker H1, 2019 Amid Regulatory Changes

Photo credit: Telenor Svenska Spel posted weaker H1 results for 2019 Regulatory changes have occasioned the poorer results Nearly 50% of the net profit was wiped Svenska Spel has posted 50% less net profit for H1, 2019. The company’s CEO Patrik Hofbauer has welcomed the regulatory changes that have helped create a better player environment […]

By
Casino

Sweden Drops a Fine on Betway for Bonus Practices

Sweden’s bonus regulations cost operators nearly $1.5 million Betway and Mandalorian technologies cited as the fined parties Spelinspektionen to continue uphold the best consumer protection practices The Swedish gambling watchdog has issued $520,000 fine to UK operator Betway. Mandalorian Technologies has been slapped with a separate fine worth $940,000 for breaching bonus rules. Sweden Inflicts […]

By
Business

Kambi and William Hill to Work on Sports Betting in Sweden

Kambi strikes new partnership with William Hill for Sweden William Hill to rebrand Redbet.se into WilliamHill.se MRG deal yet to be finalized Amid soaring first quarter results, Kambi has struck a new partnership to power William Hill’s sports betting platform in the newly-regulated Swedish market. Kambi’s Financial Performance Grows Kambi’s financial performance soared in the […]

By
Casino

Sweden’s Gambling Results Put Svenska Spel Ahead

Sweden’s gambling market has continued to do well. Not surprisingly, Svenska Spel, the state-owned operator, has managed to outpace the competition in the first two months since gambling has been legal in the country. Svenska Spel Beats Gambling Operators in Sweden The state-owned Svenska Spel has managed to post better results than any other operator […]