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The Latest in sweden
Industry
December 6, 2023
Spelinspektionen Weighs In on Sweden’s Proposed GGR Tax Adjustment
Spelinspektionen, the Swedish gambling authority, has responded to the Swedish government’s proposal for a 4% increase in the Gross Gaming Revenue (GGR) tax, expressing no substantive views but emphasizing the need for careful monitoring of market developments. Government Aims for Fiscal Boost without Disturbing Market Stability The proposal, introduced in September, aims to raise the […]
Business
December 5, 2023
Habanero Obtains Swedish Gambling Authority B2B License
The provider of world-class slot and table games popular in Western and Asian markets, Habanero, has expanded its presence on the Old Continent. The company with a portfolio that spans no less than 22 worldwide markets thanks to a plethora of agreements inked with big operators like Betway, Entain, Sportium, and Sisal has been granted […]
Industry
November 30, 2023
BOS Study Shows Swedes’ Misconceptions about the Gambling Industry
Sweden’s iGaming trade association, BOS, has published a new study on public views and misconceptions about the country’s gambling sector. Conducted by the research firm Novus, the survey analyzed Swedes’ attitudes toward and ideas about the industry. The survey, commissioned by BOS, saw Novus question 1054 participants online, inquiring about their perceptions of Swedish gambling. […]
Legal
November 20, 2023
Spelinspektionen Applauds Changes to Gambling Regulations
Earlier this year, the regulated gambling sector in Sweden went through changes related to licensing of the providers of iGaming technology and content. The changes came into effect on July 1, 2023, requiring all suppliers of content and solutions for the online gambling industry to secure a license from the Swedish Gambling Authority, Spelinspektionen. Then, […]
Business
November 14, 2023
Bet365 Secures Games from Pragmatic Play in Spain and Sweden
Online casino content specialist Pragmatic Play has expanded its existing partnership with the iGaming and online sports betting juggernaut bet365. Under the new deal, Pragmatic Play will supply games to the operator in two additional markets. As announced, suites of the supplier’s best games will be injected into bet365’s portfolios in Spain and Sweden. Per […]
Industry
November 3, 2023
Spelinspektionen: Credit Card Ban Isn’t Needed at the Moment
Sweden’s gambling regulator, the Spelinspektionen, has published a consultation response relating to SOU 2023:38, saying that gambling companies should not encourage their players to loan money. However, the regulator is not convinced that further measures are needed at this moment. SOU 2023:38 is a series of proposed measures that concern the extension of the credit […]
Industry
November 2, 2023
Spelinspektionen Issues $809,300 Fine to Videoslots over AML Failings
Sweden’s gambling regulator, the Spelinspektionen, has issued a penalty fee to Videoslots. According to the authority, the gambling operator failed to properly measure risk and committed anti-money laundering (AML) and counter-terrorist financing (CTF) violations. For reference, Videoslots is a licensed operator that offers gambling in Sweden through its videoslots.com website. As noted by the Spelinspektionen, […]
Industry
November 1, 2023
Spelinspektionen Reports Progress of Anti-Black Market Collaboration with Finansinspektionen
The Spelinspektionen, Sweden’s gambling regulator, has published a partial report on the ongoing review of how collaboration with the Finansinspektionen can strengthen the efforts against illegal gambling. The country remains bullish on protecting local players from harm and combating gambling-related fraud. The report outlines the results of the ongoing cooperation between the Spelinspektionen and the […]
Legal
October 16, 2023
BOS Agrees with Proposed Tighter Credit Rules in Sweden
BOS, the Swedish Trade Association for Online Gambling, an organization that represents 20 licensed gambling operators in Sweden, showed support for a proposal that seeks to reduce over-indebtedness and risky lending, effectively protecting the customers in the country. The proposal, submitted by the Ministry of Justice, called for the implementation of a debt register and […]
Business
October 13, 2023
Hofbauer Departs Svenska Spel, Set to Join Telia as CEO in 2024
Swedish state-owned gambling company Svenska Spel announced that it will be parting ways with Patrik Hofbauer, who is set to explore new opportunities. Hofbauer, currently serving as the operator’s president and chief executive, believes that the gambling company is in a good position to continue without him. The outgoing CEO joined Svenska Spel back in […]