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 […]
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. […]