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Casino
December 20, 2023
Spelinspektionen Fines Casino Cosmopol $200K over AML Breaches
The latest company to have been handed down a fine is Casino Cosmopol which admitted fault and agreed to pay SEK2 million, or $200,000, to the regulator. This penalty is awarded in relation to anti-money laundering (AML) breaches outlined in the watchdog’s conclusion of the case and the two-year investigation. Cited Breaches Are a Matter […]
Industry
December 20, 2023
Swedish Government to Strengthen Consumer Protection in Gambling Sector
To fortify consumer protection and combat criminal activities associated with gambling, the Swedish government presented a proposal to the parliament on December 19. Swedish Government Proposes Written Confirmation Requirement for Telephone Gambling Sales One key aspect of the proposal is the introduction of a written confirmation requirement for telephone sales of gambling services. Under this […]
Business
December 18, 2023
Svenska Spel Names Anna Johnson as CEO, Hofbauer to Depart in February
Svenska Spel, a Swedish state-owned gambling operator, has named Anna Johnson as the successor of its current chief executive officer, Patrik Hofbauer. The latter announced his exit earlier this year, opting to explore other opportunities instead. Johnson will serve as Svenska Spel’s new president and CEO and is set to step into the office by […]
Industry
December 8, 2023
BOS: Sweden’s New Gambling Tax Is a Gift to the Black Market
Sweden’s online gambling association, Branschföreningen för Onlinespel (BOS) is not happy with the government’s plan to increase the gambling tax. According to its general secretary, Gustaf Hoffstedt, this move would be a huge Christmas present to the black market. For reference, Sweden just proposed to raise its gambling tax from 18% to 22%. The new […]
Business
December 6, 2023
TrueLayer Announces Nordics-Oriented Tie-up with Lunar
Nordic challenger bank Lunar has teamed up with TrueLayer, a leading open banking payments network in Europe. The new alliance will see the two companies “redefine the payments landscape” across Denmark, Norway and Sweden. According to the announcement, the new partnership will bolster TrueLayer’s instant payment capabilities in the aforementioned markets through seamless integration with […]
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 […]
