Business
September 13, 2021
Catena Media Board to Execute on Share Buyback Mandate
Catena Media, an online lead generation company focusing on the iGaming market, announced today its Board of Directors resolved to exercise the company’s mandate to buy back the company’s ordinary shares. Execute on Authorization The announcement follows the authorization Catena Media’s Board of Directors was granted at an extraordinary general meeting (EGM) of its shareholders, […]
Industry
September 2, 2021
Sweden: Online Gambling Drove Q2 2021 Industry Growth
Online gambling in Sweden fueled second quarter double-digit growth in the country, which has its land-based gaming facilities almost completely taken off the country’s gambling map. Growth Driven by Online Gambling The Swedish gambling market registered for the three months ended June 30, 2021 SEK6.5 billion ($780 million) in revenue, up 4.7% on the SEK6.2 […]
Esports
August 31, 2021
Abios Esports Widgets Boost for LeoVegas’ Esports Offering
Swedish online gambling operator LeoVegas entered into an agreement with Abios to utilize its esports widgets and boost fan engagement. Engaging Content and Useful Statistics The arrangement between LeoVegas and distributor of esports data Abios allows for the Abios Esports Widgets implementation across all digital channels of the online gambling firm to enhance its product […]
Casino
August 25, 2021
Mr. Green Fined $3.62M in Sweden over KYC/AML
An investigation into Mr. Green’s operations in Sweden has resulted in a $3.62 million fine awarded to the casino and recommendations for improving current KYC and AML practices. Mr. Green Faces Some Challenges with Sweden’s Regulator Casino brand Mr. Green has been fined SEK31.5 million ($3.62 million) by the Swedish Gaming Authority (Spelinspektionen) for allegedly […]
Business
August 3, 2021
Paf Adds two Swedish Licensees to Portfolio
The Swedish-licensed gaming companies Speedy Ltd and Speedy Originals, previously owned by Hero Gaming, are now part of Paf’s portfolio. Paf Becomes One of Sweden’s Top Six Gaming Companies Åland Islands-based gaming company Paf has bought the Swedish licensed gaming companies Speedy Ltd and Speedy Originals from Hero Gaming. Thus, Paf is adding the gaming sites Speedy Casino, Speedybet, and Speedyspel to its portfolio. The deal is aimed at positioning the gaming operator […]
Esports
July 21, 2021
PGL May Consider Relocating Stockholm CS:GO Major
PGL is looking into the possibility of moving the CS:GO Major in October to another location in case Sweden issues more restrictive guidelines on handling the pandemic. PGL in Talks to Change Stockholm Major Location The PGL Stockholm CS:GO Major, a Valve-sponsored event for the popular first-person shooter, is facing uncertainty as the Swedish government […]
Industry
July 20, 2021
Sweden’s ATG Will No Longer Accept Foreigners’ Bets
AB Trav och Galopp (ATG), Sweden’s licensed horse racing and trotting operator, has confirmed that it will not accept customer registrations from non-nationals anymore. ATG Will Not Accept Bets from Customers without a Swedish ID AB Trav och Galopp (ATG) has confirmed it will no longer accept customer registrations from foreigners anymore. ATG’s venues are […]
Legal
July 1, 2021
Swedish Watchdog Warns ATG and Polar Over Betting Violations
Sweden’s gambling inspectorate has issued official warnings against sports betting operators ATG and Polar Limited for failure to comply with the country’s sports betting laws. Although Minor, the Breaches Are Not Excusable, Spelinspektionen Says Swedish state-owned racing operator AB Trav Galopp (ATG) and Polar Limited, the operating firm of Coolbet.com, have received a warning from […]
Legal
June 15, 2021
Sweden Publishes a Memorandum on Stricter Gambling Advertising
A new proposal in Sweden calls for stricter rules for gambling advertising. The proposal calls for special moderation in gambling ads similar to the moderation used for alcohol advertising. With this move, the country aims to reduce gambling addiction which presents a serious public health problem. Will Sweden Introduce Stricter Rules for Gambling Advertising? The […]
Legal
June 4, 2021
Court of Appeals Ruling Reduced Sanctions for Genesis and Aspire
Penalties dished to Genesis Global and Aspire Global by Swedish gambling regulator Spelinspektionen for failing to comply with self-exclusion requirements were reduced by Sweden’s Court of Appeals. Self-Exclusion Failings Can Be Costly The Swedish gambling regulatory body sanctioned Genesis Global in March 2019 and Aspire Global in April the same year, SEK4 million ($480,000) and […]