Legal
April 27, 2023
Betfair Fined for Accepting Illegal Bets in Sweden
Betfair has gotten itself in trouble in Sweden where it has offered markets on events featuring young players. Because of that, the operator received a warning and was forced to pay a fee. The Spelinspektionen, Sweden’s gambling regulator, announced its decision today. It explained that Betfair, a sports betting operator, offered markets for the U21 […]
Business
April 26, 2023
Svenska Spel Reports Strong Q1 Results with Increased Net Gaming Revenue
Sweden’s Svenska Spel, the former state-owned gambling monopoly, has announced positive Q1 results for 2023, with a 2% increase in net gaming revenue compared to the same period last year. The company reported net gaming revenue of SEK1.98 billion ($191 million), up from SEK1.9 billion ($187.5 million) in 2022. Operating profit also increased by 3% […]
Casino
April 24, 2023
Zitro Arrives on Swedish Market with Casino Cosmopol
Zitro is delivering its Colossus Fire slot game at the Casino Cosmopol-operated property located in Sweden, which is a state-owned gambling venue. The slot is powered by innovative and cutting-edge technology that makes the gameplay unparalleled and highly rewarding, guaranteeing players a lot of fun as they try the land-based options. Zitro Makes Swedish Debut […]
Casino
April 21, 2023
Stakelogic Clears Swedish iGaming License Process
The move comes as the Spelinspektionen, the country’s regulator, is preparing to issue changes to the regulatory landscape. Stakelogic, and the company’s subsidiary, Stakelogic Live, join a fleet of companies to have successfully received a license from the regulator, which will allow the company to continue serving the important European market and provide authentic and […]
Casino
April 20, 2023
Jelly Secures iGaming License Renewal in Sweden
This license renewal from the Spelinspektionen comes at a time when Sweden has issued a new mandate that requires companies to reapply for their licenses and it impacts operators as well as suppliers. Independent Studio Competing in the Biggest Markets Jelly has been able to offer a number of excellent games to licensed and regulated […]
Industry
April 13, 2023
BOS Nods Higher Fees to Fund Spelinspektionen in Sweden
Government officials in Sweden recently proposed an increase in the budget allocated for Spelinspektionen, the Swedish Gaming Authority. The proposal seeks to deliver funding of SEK2.4 million ($230,360), which is ultimately expected to help Spelinspektionen with strategic processes related to licensing as well as monitoring of the market. The latest proposal, announced last week, may […]
Industry
April 6, 2023
New Funds to Help Spelinspektionen Target Unlicensed Operators
The Swedish Gaming Authority (Spelinspektionen) is likely to receive new funds to help its mission to enhance the supervision of the gaming market in the country and oust unlicensed operators. Combat Organized Crime The Swedish government proposed legislators increase the budget allocated to Spelinspektionen in 2023 by SEK2.4 million ($230,360) to boost the watchdog’s capabilities […]
Industry
April 4, 2023
Spelinspektionen Board to Continue Sporting Seven Members
The Swedish gambling regulator, the Spelinspektionen, announced that its board will continue to be comprised of seven members. The authority’s decision was greenlit by the current government, led by the Centre-Right Alliance coalition. The Spelinspektionen provided a peek into its new board, showing that it will remain more or less the same as it has […]
Business
April 3, 2023
Swedish Gambling Regulator Awards Hacksaw Gaming B2B License
The fast-growing iGaming content provider, Hacksaw Gaming, announced it expanded further its European footprint after securing a new business-to-business (B2B) license. On Monday, the company confirmed that the Swedish Gambling Authority (SGA), approved its B2B gaming license. This license enabled Hacksaw Gaming to deliver its content to gambling operators licensed within the market in the […]
Business
March 29, 2023
Play’n GO Renews Gambling Supplier License in Sweden
Online content supplier for the casino industry Play’n GO announced it renewed its license in Sweden. The company unveiled Wednesday that it was able to acquire a Swedish business-to-business (B2B) license, allowing it to continue to provide its content to audiences in the country. Besides enabling Play’n GO to continue to deliver content in Sweden, […]
