The gambling regulator in Sweden, Spelinspektionen, announced that it revoked Fair Play Bets and Vivaro’s online gambling licenses. The watchdog supported its decision by saying that the two operators did not record any turnover for the first 12 months of having a license. Spelinspektionen Revokes the Licenses of Two Operators Spelinspektionen, the Swedish gambling regulator, […]
Swedish gambling group Betsson AB announced today it is on the market for a new chief executive officer to replace CEO Pontus Lindwall, who will be stepping down from the role at the end of the year. Mission Completed The new executive search was authorized by the Board of Directors at Betsson Group following an […]
William Hill’s Swedish troubles seem to have no end after another of the group’s subsidiaries is challenged to provide evidence of following compliance measures. Proof of Residence Procedure Evoke Gaming, part of William Hill’s Mr. Green subsidiary, was slapped last month with a SEK31.5 million ($3.62 million) fine by the Swedish Gaming Authority (Spelinspektionen) for […]
Catena Media, an online lead generation company focusing on the iGaming market, announced today its Board of Directors resolved to exercise the company’s mandate to buy back the company’s ordinary shares. Execute on Authorization The announcement follows the authorization Catena Media’s Board of Directors was granted at an extraordinary general meeting (EGM) of its shareholders, […]
Online gambling in Sweden fueled second quarter double-digit growth in the country, which has its land-based gaming facilities almost completely taken off the country’s gambling map. Growth Driven by Online Gambling The Swedish gambling market registered for the three months ended June 30, 2021 SEK6.5 billion ($780 million) in revenue, up 4.7% on the SEK6.2 […]
Swedish online gambling operator LeoVegas entered into an agreement with Abios to utilize its esports widgets and boost fan engagement. Engaging Content and Useful Statistics The arrangement between LeoVegas and distributor of esports data Abios allows for the Abios Esports Widgets implementation across all digital channels of the online gambling firm to enhance its product […]
An investigation into Mr. Green’s operations in Sweden has resulted in a $3.62 million fine awarded to the casino and recommendations for improving current KYC and AML practices. Mr. Green Faces Some Challenges with Sweden’s Regulator Casino brand Mr. Green has been fined SEK31.5 million ($3.62 million) by the Swedish Gaming Authority (Spelinspektionen) for allegedly […]
The Swedish-licensed gaming companies Speedy Ltd and Speedy Originals, previously owned by Hero Gaming, are now part of Paf’s portfolio. Paf Becomes One of Sweden’s Top Six Gaming Companies Åland Islands-based gaming company Paf has bought the Swedish licensed gaming companies Speedy Ltd and Speedy Originals from Hero Gaming. Thus, Paf is adding the gaming sites Speedy Casino, Speedybet, and Speedyspel to its portfolio. The deal is aimed at positioning the gaming operator […]
PGL is looking into the possibility of moving the CS:GO Major in October to another location in case Sweden issues more restrictive guidelines on handling the pandemic. PGL in Talks to Change Stockholm Major Location The PGL Stockholm CS:GO Major, a Valve-sponsored event for the popular first-person shooter, is facing uncertainty as the Swedish government […]
AB Trav och Galopp (ATG), Sweden’s licensed horse racing and trotting operator, has confirmed that it will not accept customer registrations from non-nationals anymore. ATG Will Not Accept Bets from Customers without a Swedish ID AB Trav och Galopp (ATG) has confirmed it will no longer accept customer registrations from foreigners anymore. ATG’s venues are […]
