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Gambling News - 'Sweden'
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 […]

Industry
December 8, 2021
Unibet and SEF to Offer Safer Gambling Training Courses
An ongoing collaboration between Unibet and Swedish Elite Football (SEF) will see online training courses in player responsibility and safer gambling delivered to one thousand active professional soccer players and coaches. Education to Soccer Players and Coaches The training that will be delivered in partnership with SEF and as part of the sponsorship deal between […]

Legal
December 2, 2021
Swedish Gaming Regulator Bans Disrupt Entertainment from Country
The Swedish gambling regulatory body, Spelinspektionen, has banned Disrupt Entertainment from offering its services on the territory of the country. The regulator stated that Disrupt’s brand, Casinosinners, has advertised to Swedish players directly in Swedish. However, the company had no formal license issued by the country’s regulator to do so. Spelinspektionen was tipped to Casinosinners potential violations by consumer […]

Industry
November 23, 2021
Spelinspektionen Ordered Bans for 23 Illegal Gambling Websites
Sweden’s national gambling regulator continues to display its determination to protect the legal market from black operations by forcing IP bans on 23 Curacao-based operators. Disclosure and Ban Spelinspektionen informed the institutions it collaborates with that 23 businesses and their websites operating out of Curacao illegally target Swedish residents, looking to channel them into their […]

Business
November 18, 2021
Swedish Gaming Developer Lady Luck Moves to Acquire Revolver Gaming
Lady Luck Games, the Swedish slot developer, has signed an exclusive Letter of Intent (LOI) to purchase Revolver Gaming out of London. The purchase price includes cash and shares, with the cash component of the agreement worth €750,000 ($848,000). The shares part of the purchase price will also be covered by Lady Luck issuing approximately […]

Casino
November 16, 2021
Kalamba Games Breaks Ground in Sweden
Kalamba Games is taking another important swing at the European market, which has become the company’s ground base of operations, with Sweden next on the horizon for the acclaimed developer of iGaming products. Handpicked Products by Kalamba Enter the Market Kalamba will be bringing its portfolio of slot titles as the company prepares to take […]

Business
November 15, 2021
Spelinspektionen Issues a Remark for Betsson over Football Betting Breaches
Last year, the Gambling Act in Sweden was amended in a way to prohibit licensed sportsbooks from accepting bets on penalties such as yellow cards in football. According to a statement released by the Swedish Gaming Inspectorate (Spelinspektionen) on Monday, Betsson received a reprimand regarding breaches of those rules. Spelinspektionen Finds That Betsson Accepted Bets […]

Business
October 28, 2021
ComeOn Group Launched Global Hybrid Working Model
A new global hybrid working model was launched by ComeOn Group in response to shifting employee and business demands following the impact of the pandemic. Choose Your Workplace Operating out of offices located in Malta, London and Stockholm, ComeOn Group introduced a new hybrid model for its employees to allow them to choose on a […]

Legal
October 28, 2021
Sweden: Spelinspektionen to Evaluate Online Gambling Restrictions
Sweden’s gambling regulator, Spelinspektionen, announced in a statement on its website today that the government has requested a review of the gambling market in the country. The regulator also confirmed restrictions on online gambling operators will be lifted on November 14, 2021. Evaluation of Online Gambling Restrictions The Swedish government instructed the regulator to evaluate […]
