Legal
December 3, 2020
Sweden Appoints Gambling Black Market Lead Investigator
In its efforts to reduce match-fixing and influence of the black market, the Ministry of Finance in Sweden initiated a new investigation. Led by Gunnar Larsson, the investigation will seek to identify obstacles and propose solutions aiming at improving the methods for control and reducing unlicensed operators as well as match-fixing. Gunnar Larsson Is Appointed […]
Industry
November 29, 2020
Kindred Group Slams Sweden’s Plan to Extend Casino Restrictions Until June
Kindred Group criticized the Swedish government’s plan to extend online gambling restrictions until June 2021, arguing that they do not protect players and only benefit offshore sites. Problem gambling rates remained somewhat unchained over the past months. Extending Restrictions Goes Against the Gambling Act Unibet operator Kindred Group slammed the Swedish government‘s proposal to extend […]
Business
November 27, 2020
LeoVegas Considers SEK500M in Senior Unsecured Notes
Swedish online casino and sports betting services provider LeoVegas AB announced today it had authorized exploration among investors regarding the issuance of senior unsecured bonds. SEK500M Three-Year Tenor Notes According to the information published pursuant to the EU Market Abuse Regulation 596/2014, SEB and Swedbank have been given instructions by LeoVegas to operate as joint […]
Industry
November 17, 2020
BOS Will Collaborate with IBIA on Projects of Mutual Interest
The Swedish trade association for online gambling signed an agreement for cooperation with the International Betting Integrity Association (IBIA), the voice of the betting industry announced. Regulatory Challenges The memorandum of understanding (MoU) signed with Branschföreningen för Onlinespel (BOS) will see both industry bodies work together on projects of mutual interest, and especially on challenges […]
Legal
November 10, 2020
Sweden to Extend Online Casinos Restrictions until June 2021
The government of Sweden is planning to extend the current covid-19-related gambling measures throughout June 2021. A Memorandum has been submitted for discussion until November 23. Sweden Considers an Extension of Ad-Hoc Gambling Measures during Lockdown Sweden is adamant about enforcing the current restrictions on the gambling industry and extending them well through June 2021, […]
Legal
October 20, 2020
Global Gaming Agrees with SafeEnt License Revocation in Sweden
Global Gaming-owned SafeEnt has had its license revocation appeal struck down by the Swedish Court of Appeal. Global Gaming will not seek further action in the case. SafeEnt’s License Revocation Upheld by Court of Appeal Global Gaming subsidiary SafeEnt will not appeal the latest license revocation decision upheld by the Swedish Administrative Court of Appeal. […]
Casino
October 2, 2020
NetEnt’s Live Casino Portfolio Arrives on Svenska Spel
NetEnt has rolled out its portfolio of live games on Svenska Spel Sport & Casino consolidating its footprint in the live segment in Sweden. Sweden’s Svenska Spel Adds NetEnt Live Products Svenska Spel has completed the technical integration of NetEnt’s portfolio of live casino games for its Sports & Casino platform. As per the agreement, […]
Industry
September 15, 2020
Are the Swedish Gambling Restrictions Just a Political Move?
Experts participating in the SBC Summit Barcelona last week discussed the controversial gambling restrictions in Sweden. BonusFinder Managing Director, Fintan Costello said that the restrictions may be a political move. Gambling Restrictions in Sweden Remain Highly Controversial Earlier this year, the Swedish government introduced a set of temporary online gambling restrictions. Government officials pushed the […]
Legal
August 20, 2020
Casino Deposit Caps Unenforceable Says Swedish Watchdog
Sweden’s casino deposit limits cannot be enforced, said the Swedish Gaming Inspectorate. The Spelinspektionen said that the limits are valid per license and gamblers who use multiple providers can avoid the restrictions. The Swedish Gambling Restrictions Cannot Be Enforced Says Spelinspektionen The Swedish Gaming Inspectorate (Spelinspektionen) has announced that the introduced limits for casino deposits […]
Legal
August 10, 2020
Equality Commission Report in Sweden Proposes Limits on Gambling Time
Equality Commission’s report proposed limits for the working hours of gambling in the country. The report also called for fresh funds for battling of gambling-related harm. The Proposed “Working Hours” for Gambling Activities A new report by the Jämlikhetskommissionen, which is Sweden’s Equality Commission proposed limits on gambling times. The paper proposed that gambling in […]