Legal
January 31, 2023
Svenska Spel Breached Sweden’s Advertising Standards
The Branschföreningen för Onlinespel (BOS), a Swedish trade union for iGaming companies, recently found out that the state-owned operator promoted its products on a free TV channel in breach of local advertisement laws. Svenska Spel Promoted Its Products on TV4 As reported by the BOS, Svenska Spel promoted its Keno and scratchcard products on the […]
Industry
January 24, 2023
Economic Crisis Fuels Gambling Addiction, Says Swedish Professor
Just like other European countries, Sweden faces changes in its economic environment. While the cost of living continues to rise, many people in the country already feel the negative effect of the economic crisis. According to Anders Håkansson, a professor of psychiatry at Lund University and doctor at Malmö’s addiction clinic, the economic crisis helps […]
Casino
January 11, 2023
DoubleDown to Acquire SuprNation in a €33m All-Cash Deal
Social gaming company DoubleDown Interactive announced it has entered into an agreement to acquire online casino gaming firm SuprNation AB in an all-cash deal. First Post-IPO Acquisition The acquisition of Swedish-based iGaming company SurpNation will cost DoubleDown Interactive €33 million ($35.4 million) on a cash-free and debt-free basis and will be subject to a final […]
Industry
January 11, 2023
Svenska Spel CEO Advocates for Restrictions on Fast Loans and a Debt Register
Hofbauer made a review of the goals Svenska Spel has set for the new year with a main focus on tackling problem gambling and lowering the effects of gambling harm. Hofbauer Outlined Several Measures to Fight Gambling Harm in 2023 and Beyond In the official statement addressing customers of Svenska Spel and Swedes in general, […]
Casino
December 22, 2022
Paf and Color Line Sign New Contract to Continue Partnership
Online gambling firm operating out of Finland, Paf, announced it has renewed its arrangement with Norwegian cruise and ferry operator Color Line to continue providing onboard gaming equipment. Gambling Equipment on Board The new long-term contract between Paf and Color Line will ensure Paf continues to supply the gaming equipment on board all five passenger […]
Legal
December 22, 2022
Sweden Clamps Down on Unlicensed Gambling with New Law Proposal
The new law proposal was submitted on December 20. If Swedish politicians vote in favor of the legislation it is supposed to come into force on July 1, 2023. The Swedish minister for financial markets Niklas Wykman commented on the reasons for the proposal: Through these proposals, the Government is taking important steps in the […]
Industry
December 16, 2022
Kindred Group Distinguished as Top Employer in Sweden Once Again
Kindred Group, one of Sweden’s leading gambling companies and a global iGaming behemoth, has been named a Career Company by Karriärföretagen and a recognized top employer in the country. The company has been featured in the organization’s Career Companies 2023 ranking and wins the distinction for the second year in a row, which is the […]
Industry
December 15, 2022
Half of Swedes Find Licensed Sites Beneficial, Only 10% Can Identify Them
According to a survey commissioned by the Swedish Gambling Authority Spelinspektionen issued by consultancy Skopm firm, only 10% of players know how to actively identify a licensed gambling platform. Moreover, only 53% of gamblers considered playing with licensed sites to be beneficial to them. The Survey Questioned Players’ Gambling Habits The survey ordered by the […]
Legal
December 9, 2022
New Proposal to Fight Problem Gambling in Sweden
A new proposal seeks to combat problem gambling and help reduce gambling harm in Sweden. Niklas Wykman, the Swedish Minister of Financial Markets, announced a new memorandum Wednesday that plans to combat gambling addiction. Proposal Seeks to Protect Customers from Gambling Harm Ultimately, the new proposal plans to allow gambling companies to process additional personal […]
Industry
December 8, 2022
Sweden Should Consider Umbrella B2B Permits
Sweden is eyeing the introduction of licenses for business-to-business gambling companies. The country’s regulator, the Spelinspektionen, hopes that this measure would reduce illegal gambling. However, there are some concerns about the actual impact the permits may have on channelization. Sweden Is Considering Permits for B2B Companies The regulator’s idea is the following: if Sweden requires […]
