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Industry
January 28, 2022
Sweden Rejects Return of Gaming Spending Cap, But New Regs Coming
The Swedish government announced earlier this month that it was considering bringing back several temporary measures to the gambling industry. Among these was a deposit limit, which was in place in 2020 and 2021 during the COVID-19 pandemic. However, the government opted to scrap the plan. Players and operators are thrilled with the decision. Sweden […]
Industry
January 27, 2022
The Number of Swedish Gamblers Increases in 2021, Says Study
Spelinspektionen, Sweden’s gambling regulator, unveiled details regarding an annual survey outlining the gambling habits of the Swedes. Surprisingly, the survey found the percentage of Swedes that have gambled in 2021 increased by 7%. More Swedes Turn To Gambling in 2021 The study was conducted at the end of November 2021, but the results were released […]
Sports
January 26, 2022
Svenska Spel and Svensk Fotboll Extend Partnership Until 2028
Good news for the Swedish state-owned gambling company Svenska Spel as it has extended its agreement with the Swedish soccer association, Svensk Fotboll, for seven more years. The new deal will see the two parties collaborate on various activations. Svenska Spel and Svensk Fotboll Renew Partnership The relationship between Sweden’s national lottery operator and the soccer association began […]
Business
January 25, 2022
Kindred Group Named Leading Employer in Sweden
According to a ranking compilated by the Career Companies Sweden AB, Kindred Group has been named one of Sweden’s top employers. Candidates shortlisted on this list undergo a thorough review by a panel of qualified jury members. Career Opportunities, Diversity and Growth As a result, Kindred Group is considered to be one of the best […]
Industry
January 20, 2022
Kindred Group Disapproves Sweden’s New Proposed Gambling Restrictions
Kindred Group has responded to the Swedish government’s proposal to reintroduce liability measures by saying that these types of temporary restrictions will have a detrimental effect on consumers. Instead of protecting consumers and improving safeguards, Kindred thinks that the measures will undermine the current progress achieved. The Measures Were Proposed on January 4 The Ministry […]
Business
January 19, 2022
Spelinspektionen Hits Operator For Not Following the Rules
As Sweden prepares to tighten its grip on the online gaming segment, an operator is being called out for not playing by the rules. The Swedish Bingo Association (SBA) has been reprimanded by Spelinspektionen, Sweden’s gaming regulator, for inadvertently violating responsible gambling laws. Swedish Gaming Operator Gets Warning, Avoids Fine Spelinspektionen claims that the logos […]
Industry
January 18, 2022
Sweden’s Spelinspektionen Happy to Bring Back Online Gambling Limits
Sweden is going to bring back online gaming restrictions as the omicron variant of COVID-19 starts to make its presence known in the country. Restrictions had been introduced during the first wave but, this time, they’re being tightened. The country asserts that the measures are needed to combat a rise in online gaming during the […]
Casino
January 4, 2022
BOS Urges Swedish Lawmakers to Reconsider Lower Deposit Limits
Weekly deposit limits were only a few of the measures which Sweden introduced last year. In light of the pandemic, the country also sought to introduce additional measures fighting against unlicensed play, as well as match-fixing. Now, a lower weekly deposit limit for online casinos is up for debate. Sweden Considers Lower Weekly Deposit Limits […]
Business
December 20, 2021
Kindred’s Share Buy-Back Program Returned SEK600M to Shareholders
A buy-back program initiated at Kindred Group in July this year with the purpose to return excess cash to shareholders is now complete, announced today the gaming operator. Share Buy-Back Program Complete Kindred Group said it repurchased a total of 942,000 shares/SDRs in the period December 1-17, 2021 within the buy-back program the Board of […]
Casino
December 15, 2021
Spelinspektionen Penalizes Betway After it Accidentally Breached Rules
Betway has been penalized by the Spelinspektionen (Swedish Gambling Inspectorate) for breaching rules concerning issued bonuses. Hence, the operator has been ordered to pay around $11,000 (SEK100,000). This comes on the heels of the recent ban of Disrupt Entertainment who is now no longer able to provide its services to Swedish players. The Penalty is […]