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Industry
September 21, 2023
Sweden Unveils Plans to Increase Gambling Tax
In 2019, Sweden reregulated its online gambling market, granting licenses to operators and enabling them to offer their services legally to customers in the country. At the time, a tax rate of 18% on gross gaming revenue (GGR) was applied, one that is relatively high when compared to other European countries. Yet, a new proposal […]
Sports
September 15, 2023
Play’n GO to Continue Serving as Växjö Lakers’ Title Sponsor
Play’n GO, a Swedish-based casino entertainment provider, has unveiled a continuation of its partnership with the Växjö Lakers, a Swedish professional ice hockey club from Växjö. The casino provider has been serving as the title sponsor of the team for over a decade now. Because of its Växjö roots, Play’n GO is firmly committed to […]
Industry
September 14, 2023
Sweden Proposes Allocating More Money to Spelinspektionen Starting 2024
Sweden’s government has proposed an increase in the money allocated to the Spelinspektionen and Finansinspektionen for 2024. As the country seeks to strengthen the supervision of the gambling market, it proposed to allocate SEK 10.8 million (around $970,000) to the gambling authority’s 2024 budget. The government plans to further support the Spelinspektionen, providing it with […]
Industry
September 11, 2023
Sweden’s BOS Comments on Proposed Money Laundering Act Changes
The Swedish Trade Association for Online Gambling (BOS) has addressed the recently proposed changes to the Money Laundering Act. Put forward by the Ministry of Finance, the memorandum with proposals seeks to increase the penalty fee for certain violations. The BOS, which represents around 20 licensed gambling companies in Sweden, expressed its delight to have […]
Industry
September 6, 2023
Spelinspektionen: Licensed Operators Recorded a Turnover of SEK 6.7B in Q2
The Spelinspektionen, Sweden’s gambling regulator, has published information about the Swedish gambling market’s performance in the second quarter of the year. The period saw the authority’s licensees collectively record a turnover of SEK 6.7 billion (around $602,000), which translates to a slight year-on-year decrease. The reported preliminary figure represents a decrease of a little bit […]
Industry
August 30, 2023
Svenska Spel Awards $380K for Five Studies on Gambling Addiction
Swedish state-owned online casino operator, Svenska Spel, reaffirmed its ongoing efforts toward research on gambling addiction with grants from its independent research council. On Tuesday, Svenska Spel’s independent research council confirmed it has selected five research studies that received a total of SEK 4.1 million ($377,000) in the form of grants. The studies seek to […]
Business
August 23, 2023
James Curwen Takes the Helm as Yggdrasil’s New CEO, Succeeding Björn Krantz
In a strategic move, Yggdrasil, the renowned online gambling solutions provider, has announced the appointment of James Curwen as the incoming CEO, with his tenure set to commence on October 1. Curwen brings a wealth of industry expertise to his new role, succeeding Björn Krantz, who will transition out of his CEO position. Krantz Hands […]
Industry
August 22, 2023
Spelinspektionen Comes under Review as Sweden Evaluates Its Work
The Swedish National Audit Office has announced its intention to conduct a comprehensive review of the effectiveness of Spelinspektionen’s supervision of the country’s gambling market. This investigation will comprehensively evaluate the regulator’s actions, strategies, and overall effectiveness in achieving the objectives set by the Swedish national gambling policy, helping address any potential deficiencies. Regular Updates […]
Business
August 15, 2023
Better Collective to Acquire Multiple Brands in Sweden
Better Collective, the famous digital sports media group, announced a new acquisition, seeking to strengthen significantly its presence in an important European jurisdiction. The company has announced it will bolster its Swedish presence by acquiring a handful of brands from Everysport Group. Judging by a statement released by Better Collective, the company will be able […]
Sports
July 26, 2023
Stats Perform Becomes Official Data Partner of Two SFL Leagues
Stats Perform, a sports data and analytics company, has become the official data partner of two Swedish soccer leagues. As agreed with the Swiss Football League (SFL), the company will form an alliance with the Credit Suisse Super League and the Dieci Challenge League. The agreement will allow Stats Perform to use official SFL data, […]
