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Gambling News - 'Sweden'
Industry
January 10, 2025
Spelinspektionen Rejects Alleged Self-Exclusion Data Leak Rumors
Sweden’s gambling regulator, the Spelinspektionen, has denied recent claims of data leaking from the country’s national self-exclusion scheme. This statement was issued as a response to recent rumors about an alleged data breach. A Documentary Implied the Self-Exclusion Scheme Had Been Breached On January 7, the P1 documentary Kasinoläkkan was aired, examining Europe’s overall casino […]
Casino
January 3, 2025
Swedish Regulator Targets Versus Odds BV in Gambling Case
Versus Odds B.V., a company licensed in Curacao, has been named in Spelinspektionen’s latest enforcement action against the unlicensed and unregulated gambling market in the country. According to the regulator, Versus Odds B.V., which operates fortunepanda dot com, had offered unlicensed gambling to local players. Sweden has been a regulated market since January 1, 2019, […]
Industry
December 19, 2024
Swedish Gambling Authority Launches Campaign to Promote Licensed Operators
The Swedish Gambling Authority (SGA), Spelinspektionen, has started a new campaign called “Unnecessarily Exciting” to increase awareness about the need to choose licensed gambling operators. New Animated Campaign Warns Against Unlicensed Gambling The campaign includes two animated videos that aim to educate consumers about the risks of unlicensed gambling sites and encourage them to use […]
Legal
December 18, 2024
Swedish Court Rejects Operators’ Request to Have Fines Revoked
The Swedish Supreme Administrative Court has denied several operators’ appeals against decisions by the Spelinspektionen, the local gambling regulator. As a result, the violators will have to pay the fees outlined in their penalty orders. The Spelinspektionen’s penalties were issued against subsidiaries of the gaming companies ComeOn Group, Kindred Group, and Mr Green. ComeOn Group’s […]
Industry
December 16, 2024
Sweden Takes Stance against Match-Fixing, Ratifies Macolin Convention
A few days ago, Sweden decided to ratify the Council of Europe’s Convention on the Manipulation of Sports Competitions, also known as the Macolin Convention. This marked an important step in the development of the Swedish regulated market, highlighting the country’s commitment to the integrity of sports competitions. Sweden Accedes to the Convention The government […]
Industry
December 6, 2024
Swedish Court Reduces Fine Against Videoslots
The Linköping administrative court in Sweden has significantly reduced a fine imposed on Videoslots by the country’s gambling regulator, Spelinspektionen. The penalty, initially set at SEK 9 million ($827,000) for anti-money laundering (AML) and terrorist financing violations, was slashed to SEK 4 million ($367,000) after an appeal by the online casino operator. However, Spelinspektionen’s warning […]
Industry
December 5, 2024
Swedish Trade Association Head Calls for the Sale of Svenska Spel
Gustaf Hoffstedt, head of the Swedish Trade Association for Online Gambling (BOS), has reignited the debate over the state ownership of Svenska Spel, Sweden’s state-owned gambling operator. According to Hoffstedt, the Swedish government should sell its stake in Svenska Spel, adding that state ownership in a competitive market destroys the government’s neutrality. Svenska Spel’s Government […]
Industry
November 19, 2024
BOS Introduces AML Checklist Amid Operators Fighting Challenges
The Swedish Trade Association for Online Gambling (Branschföreningen för Onlinespe, BOS) which represents gambling companies and game developers that target domestic consumers has launched a comprehensive anti-money laundering (AML) checklist to support industry compliance and combat money laundering risks. This initiative comes amid increasing frustration among operators, sparked by unclear guidance from the Swedish Gambling […]
Sports
November 8, 2024
Swedish Operators Call for Urgent Gambling Reforms
Sweden’s Gambling Industry Association (Sper) has called on Sweden’s government to ramp up efforts to overhaul gambling regulations following troubling new data indicating a decline in licensed market participation. ATG, one of Sweden’s major licensed gambling operators, estimates that market channelization may have fallen as low as 71% despite the government’s stated goal of 90%. […]
Industry
October 29, 2024
BOS Approves Sweden’s Signing of the Macolin Convention, Requests Amendments
The Swedish government proposed joining the Convention on the Manipulation of Sports Competitions, also known as the Macolin Convention. The ratification of the convention, which is the only rule of international law on the manipulation of sports competitions, will align Sweden with dozens of countries opposing match-fixing. The Swedish Trade Association for Online Gambling (BOS) […]