Legal
January 26, 2021
Videoslots Receives Injunction Over Deposit Limit Violation
The Swedish Gambling Authority (SGA) has imposed a fine on online casino operator Videoslots over violating the country’s temporary deposit cap. A Withdrawal Function Allowed Customers to Redirect their Money The Spelinspektionen, Sweden’s Gambling Authority, has handed an injunction to online casino operator Videoslots for breaching the country’s temporary deposit cap introduced due to the […]
Industry
January 12, 2021
Ninja Casino Could Relaunch in Sweden under Entain’s bwin Brand
Defunct Ninja Casino iGaming brand is now looking at a new chance to return to business as Entain is taking over Enlabs AB and looking to restore the iconic brand in Sweden. Ninja Casino Is Coming Back to Sweden, Eventually Entain is looking to recover the Ninja Casino brand in Sweden once it finalizes its […]
Business
January 7, 2021
Kambi Issued Investor Update Pushing Up Q4 Expectations
The independent provider of sports betting technology and services to regulated markets world-wide Kambi Group issued yesterday a trading update ahead of its fourth quarter earnings report which will be released on February, 10, 2021. Q4 2020 Revenue Updated Upwards The operator noted that during the quarter a combination of favorable factors such as a […]
Business
December 24, 2020
Enlabs Revokes Swedish iGaming and Betting Licenses
Enlabs announced via its Optibet brand the sale of its Swedish online gaming and sports betting licenses and a strong comeback next summer. Enlabs Voluntarily Drops Swedish Licenses iGaming and sports betting operator Enlabs has revoked its Swedish licenses to focus on the development of its proprietary technology platform. The company has vowed to return […]
Industry
December 23, 2020
Swedish Regulator Orders Skill On Net to Improve KYC Processes
Swedish regulator Spelinspektionen has ordered Skill On Net to improve its KYC processes preventing non-residents to register for iGaming and betting in Sweden. Skill On Net To Submit Report by March 1, 2021 The Swedish Gambling Authority, Spelinspektionen, has ordered iGaming operator Skill On Net has to improve its know your customer (KYC) processes to […]
Sports
December 18, 2020
Match-Fixing Suspicions against Swedish Hockey Team Lifted
The suspicions for match-fixing against the Swedish ice hockey team Björklöven were lifted on Thursday this week. Upon completing its investigation, the Swedish Ice Hockey Association revealed that it found no suspicion that the team or any individual within the team participated in match-fixing. Björklöven Cleared from Any Suspicion of Match-Fixing The Swedish ice hockey […]
Industry
December 15, 2020
Swedish Market Inquiry Recommends Tighter Gambling Regulations
Sweden’s Gambling Market Inquiry recommends tighter gambling market regulation, including a blanket ban on daytime gambling ads across multiple platforms. Ban on Daytime Gambling Ads Amid growing consumer satisfaction with the gambling industry, Sweden finally revealed the results of its comprehensive two-year Gambling Market Inquiry. The results were revealed in a digital press conference hosted […]
Industry
December 15, 2020
Swedish Consumers Satisfaction Rate with Gambling at 64%
Swedish gamblers seem happier with the gambling industry in 2020 albeit they remain distrustful of the institution as a whole. Swedes Happier with Gambling in 2020 The Swedish Quality Index (SQI) or Svenskt Kvalitetsindex has seen an increase in the overall satisfaction rate among consumers who interact with the gambling industry with the rate shooting […]
Legal
December 9, 2020
Swedish Regulator Fines Spooniker and ATG Over Deposit Cap
Sweden’s regulator Spelinspektionen has ruled that Spooniker and ATG have breached the temporary player protection restrictions applied since the start of the pandemic. The decision says both online gambling regulators have failed to close a loophole allowing players to deposit money over the SEK5,000 online gaming limit. Players Used a Loophole to Play With Full […]
Legal
December 6, 2020
Swedish Consumer Watchdog Finds Issues in 13 Gambling Operators’ Terms
The Swedish Consumer Agency has concluded a review of 13 operators deeming their terms and conditions as harmful to consumers. Sweden Takes Aim at Gambling Operators’ Websites T&C’s The Swedish Consumer Agency (KO) has stepped up its efforts in overseeing the country’s gambling industry, concluding an expansive review of leading gaming and betting brands in […]