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Business
October 25, 2021
Betsson to Continue with Pontus Lindwall at the Helm
Swedish gambling group Betsson AB is making a U-turn to keep its CEO, Pontus Lindwall, following a decision of the newly-elected Board of Directors. The board was recently approved via an extraordinary general meeting (EGM) Revoke Decision to Replace CEO Betsson AB announced today that its new Board of Directors decided to revoke a company […]
Legal
October 22, 2021
Vivaro Gaming’s License Reinstated by Administrative Court
One of the two gaming brands which had their operating licenses in Sweden revoked last month, Vivaro Gaming, will have its gambling permit reinstated following a ruling of the Swedish Administrative Court. License Reinstated Vivaro Gaming, BetConstruct’s European B2C subsidiary, had its license revoked by the Swedish gambling regulator Spelinspektionen in September, after it failed […]
Casino
October 21, 2021
Martin Nakkim Becomes CEO of Cherry Spelglädje
Swedish betting company Cherry Spelglädje has chosen Hans Martin Nakkim as the operator’s new chief executive officer. Nakkim will be replacing the company’s former CEO Aron Egfors. Nakkim Becomes Cherry Spelglädje’s CEO Nakkim will become a CEO with the intention of driving the company even further. Cherry Spelglädje teased that the new change in leadership […]
Casino
October 15, 2021
Sweden Discusses Its Proposed Action Against Unlicensed Gambling
Last week, the Swedish Ministry of Finance and Chamber of Commerce announced it is considering increasing the regulation of offshore operators who operate in the country. The Ministry’s director-general Gunnar Larsson has explained more about the decision. Reducing Unlicensed Gambling in the Country Larsson’s report was commissioned by Ardalan Shekerabi, the Minister for Social Protection. […]
Industry
October 7, 2021
Sweden Considers Additional Measures against Unlicensed Play, Match-Fixing
A new proposal calls for changes in the Gaming Act which may ban all unlicensed play from Sweden. If the government approves the tougher restrictions, even unlicensed gambling operators who are not targeting Swedish players may be banned. Besides a crackdown on unlicensed gambling, the proposal calls for strict measures against match-fixing. Will Sweden Ban […]
Business
October 6, 2021
LeoVegas Approved to Start Bond Trading on Nasdaq Stockholm
Online gambling operator LeoVegas AB announced it successfully applied to list its bonds on the Nasdaq Stockholm corporate bond list and around October 7 the debt instruments will commence trading. LeoVegas Bond Trading LeoVegas revealed in a press release that the Swedish Financial Supervisory Authority signed the listing prospectus the gambling group prepared to apply […]
Business
September 30, 2021
Betsson Shareholders Initiate EGM to Elect Board and Chairman
Recent developments at Betsson AB are taking another turn after the gaming operator’s top three shareholders called for an extraordinary general meeting (EGM). New Board and Chairman at Betsson Published yesterday, the invitation refers to every shareholder of the company who is willing to attend the EGM that will take place at the company’s office […]
Legal
September 29, 2021
Swedish Administrative Court Rejects Fine Appeal from XC Gaming
Last year, the Swedish gambling regulator levied a fine on XC Gaming after it determined that the gaming operator offered multiple bonuses for its highest-depositing customer. Although XC Gaming appealed the $571,000 fine, the Administrative Court rejected the appeal today. The court deemed the infringement as very serious and agreed that the sanction introduced by […]
Industry
September 29, 2021
BOS Turns to Government to Reject “Special Moderation” Proposal
Sweden’s online gambling industry association, Branschföreningen för Onlinespel (BOS), has called on the government to discard a proposal for tighter advertising rules for the gambling industry. Reject the Proposal The proposal for tighter advertising controls was made in June by the Ministry of Finance as part of a review of the country’s advertising standards, the […]
Esports
September 27, 2021
Svenska Spel Teams up with Esportshall to Nurture Grassroots Esports
Svenska Spel, the Swedish lottery and iGaming operator, will work with Esportshall, an esports coaching company and facility, to further develop the growth of competitive video gaming in Sweden. The country is already home to DreamHack, which is one of the most significant esports and gaming festivals around the world, and Swedish Counter-Strike players are some […]