Business
November 27, 2020
LeoVegas Considers SEK500M in Senior Unsecured Notes
Swedish online casino and sports betting services provider LeoVegas AB announced today it had authorized exploration among investors regarding the issuance of senior unsecured bonds. SEK500M Three-Year Tenor Notes According to the information published pursuant to the EU Market Abuse Regulation 596/2014, SEB and Swedbank have been given instructions by LeoVegas to operate as joint […]
Industry
November 17, 2020
BOS Will Collaborate with IBIA on Projects of Mutual Interest
The Swedish trade association for online gambling signed an agreement for cooperation with the International Betting Integrity Association (IBIA), the voice of the betting industry announced. Regulatory Challenges The memorandum of understanding (MoU) signed with Branschföreningen för Onlinespel (BOS) will see both industry bodies work together on projects of mutual interest, and especially on challenges […]
Legal
November 10, 2020
Sweden to Extend Online Casinos Restrictions until June 2021
The government of Sweden is planning to extend the current covid-19-related gambling measures throughout June 2021. A Memorandum has been submitted for discussion until November 23. Sweden Considers an Extension of Ad-Hoc Gambling Measures during Lockdown Sweden is adamant about enforcing the current restrictions on the gambling industry and extending them well through June 2021, […]
Legal
October 20, 2020
Global Gaming Agrees with SafeEnt License Revocation in Sweden
Global Gaming-owned SafeEnt has had its license revocation appeal struck down by the Swedish Court of Appeal. Global Gaming will not seek further action in the case. SafeEnt’s License Revocation Upheld by Court of Appeal Global Gaming subsidiary SafeEnt will not appeal the latest license revocation decision upheld by the Swedish Administrative Court of Appeal. […]
Casino
October 2, 2020
NetEnt’s Live Casino Portfolio Arrives on Svenska Spel
NetEnt has rolled out its portfolio of live games on Svenska Spel Sport & Casino consolidating its footprint in the live segment in Sweden. Sweden’s Svenska Spel Adds NetEnt Live Products Svenska Spel has completed the technical integration of NetEnt’s portfolio of live casino games for its Sports & Casino platform. As per the agreement, […]
Industry
September 15, 2020
Are the Swedish Gambling Restrictions Just a Political Move?
Experts participating in the SBC Summit Barcelona last week discussed the controversial gambling restrictions in Sweden. BonusFinder Managing Director, Fintan Costello said that the restrictions may be a political move. Gambling Restrictions in Sweden Remain Highly Controversial Earlier this year, the Swedish government introduced a set of temporary online gambling restrictions. Government officials pushed the […]
Legal
August 20, 2020
Casino Deposit Caps Unenforceable Says Swedish Watchdog
Sweden’s casino deposit limits cannot be enforced, said the Swedish Gaming Inspectorate. The Spelinspektionen said that the limits are valid per license and gamblers who use multiple providers can avoid the restrictions. The Swedish Gambling Restrictions Cannot Be Enforced Says Spelinspektionen The Swedish Gaming Inspectorate (Spelinspektionen) has announced that the introduced limits for casino deposits […]
Legal
August 10, 2020
Equality Commission Report in Sweden Proposes Limits on Gambling Time
Equality Commission’s report proposed limits for the working hours of gambling in the country. The report also called for fresh funds for battling of gambling-related harm. The Proposed “Working Hours” for Gambling Activities A new report by the Jämlikhetskommissionen, which is Sweden’s Equality Commission proposed limits on gambling times. The paper proposed that gambling in […]
Casino
July 20, 2020
Sweden Slowly Assessing Covid-19 Impact on Problem Gambling
The Swedish gambling regulator has warned that exact data as to whether COVID-19 has led to deepening or lessening on problem gambling would be known at the end of 2020 or the first half of 2021. Spelinspektionen Cautions That Data Will Be Slow The Swedish gaming regulator, Spelinspektionen, has released a new report in which […]
Legal
July 14, 2020
Swedish Gambling Industry Calls for Clarity of Depositing Limits
Two weeks after the special pandemic gambling measures have been implemented, the Swedish gambling industry is asking the country’s regulator to clarify on how to best implement the new regulatory requirements. Gaming Industry in Sweden Calls for Clarity on Depositing Limits With the roll-out of new gambling measures designed to protect consumers during the novel […]