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The Latest in sweden
Industry
November 29, 2022
Hero Gaming Designates Sarah Stellini as CEO
Swedish gaming company Hero Gaming has designated Sarah Stellini as its new chief executive officer. Stellini officially assumed her new position on November 1, 2022. Before that, she was Hero Gaming’s commercial director for nine months. The CEO position was previously taken by Patrick Jonker, a former director for William Hill. Stellini Brings a Fresh […]
Legal
November 28, 2022
Sweden’s Newest Gambling Law Refines Existing Regulations
Despite the ongoing political instability in the country, the Swedish parliament is preparing to implement a new set of gambling reforms. The new rules are more of an update to the current system rather than a complete overhaul and introduce new B2B supplier licenses and additional measures against unlicensed operators. Regulations regarding gambling advertisements and […]
Legal
November 23, 2022
Sweden Fines ATG over AML Failures
Responsible for guaranteeing the safety, legality, and trustworthiness of the gaming and gambling industry in Sweden, the Swedish Gaming Authority (Spelinspektionen) is constantly busy supervising operators and issuing penalties to correct bad behavior. Last fall, the regulator started supervising horseracing and betting operator ATG, with a focus on its anti-money laundering policies and the way […]
Legal
November 23, 2022
Kindred Group Accepts $1.3M Swedish Fine, Shows Improvement
Spelinspektionen or the Swedish Gaming Authority has issued a new warning and fine to Kindred Group, an established gambling company in the country, with the regulator arguing that the Group had fallen short of meeting certain regulatory standards. Spelinspektionen has taken issue with what it argues are insufficient measures assessing the potential risk of the […]
Business
November 18, 2022
Kindred Hosts Local Sustainable Gambling Conference in Stockholm
The global holding operating multiple gambling and sports betting brands, Kindred Group, boosted its Swedish responsible gambling efforts by announcing a new initiative. SGC’s Local Version Takes Place in Stockholm The company said Friday that it is hosting a local version of its Sustainable Gambling Conference (SGC) at its office located in Stockholm, the largest […]
Industry
November 18, 2022
Swedish Gambling Authority Bans SG International N.V. From Operating in Sweden
Update: The Swedish Gambling Authority has lifted the ban on SG International N.V. after the company made changes to become compliant with the requirements of Swedish legislation. Spelinspektionen, the Swedish Gambling Authority, has issued an order banning Curacao-based SG International N.V. from doing business in Sweden as it does not hold the necessary license. The […]
Legal
November 14, 2022
LeoVegas Top Manager Arrested Over Insider Trading Connected to MGM Takeover
On November 10, three men, one of them holding a senior manager position at LeoVegas, were arrested on charges of insider trading in connection with US casino behemoth MGM Resorts International’s acquisition of Swedish mobile gaming company LeoVegas which took place at the end of August 2022. The Investigation Has Been Going on Since June […]
Sports
November 11, 2022
Svenska Spel’s Grassroots Initiative Delivered SEK35m to Youth Sports
Swedish lottery and gambling operator Svenska Spel announced that its annual contribution to grassroots sports saw the company distribute SEK35 million ($3.36 million) to 8,567 associations across 73 sports this week. Annual Contribution to Youth Sports The funds under the Grassroots initiative will go directly to youth sports organizations as Svenska Spel marks its ten-year […]
Industry
November 10, 2022
Ban on Ads for Unlicensed Gambling to Be Approved by the Swedish Government
The Swedish government is about to approve a bill that will extend a ban on unlicensed gambling advertising in Sweden by the end of this year, which was proposed in May by the country’s previous government led by the Sweden Democrats party. The Current Swedish Government Is About to Approve a Bill Changing Gambling Regulations […]
Casino
October 31, 2022
HappyCasino Goes Live with Swintt’s Slots
HappyCasino, a Pay’n’Play casino that is owned and operated by the Malta-based iGaming company, Glitnor Group, announced that it has gone live with a full collection of Swintt’s range of video slot games. The platform, which was launched in August this year and was specially designed for the Swedish gaming market, will offer more than […]