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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 […]
Business
October 27, 2022
Kindred, Svenska Spel and ATG Form Gambling Data Deal
Kindred Group, the leading online gambling operator consisting of nine brands, announced a new collaboration with Svenska Spel and ATG on Wednesday. The trio forged a new partnership that will seek to raise awareness of problem gambling and help reduce gambling harm through dialogue. New Data Will Raise Awareness of Gambling Harm in Sweden As […]
Business
October 26, 2022
Svenska Spel Revenue Decreases in Q3 by 1% to $178.7M
The state-owned company that operates in the Swedish regulated gambling market, Svenska Spel, released its latest interim report outlining the financial performance for the third quarter of this year. Svenska Spel Revenue Dips by 1% In Third Quarter On Wednesday, the company revealed that its net gaming revenue for Q3 this year halted at SEK […]
Industry
October 25, 2022
BOS Welcomes New Gaming Policy Minister
Last month, the Swedish Trade Association for Online Gambling, Branschföreningen för Onlinespel (BOS) expressed hope that the newly elected government would show more interest in commercial companies and eradicate certain gambling restrictions. Now, the industry’s trade body has given a warm welcome to Nyklas Wykman, the country’s newly elected minister in charge of gaming policy. […]