Sports
November 11, 2022
Svenska Spel’s Grassroots Initiative Delivered SEK35m to Youth Sports
Swedish lottery and gambling operator Svenska Spel announced that its annual contribution to grassroots sports saw the company distribute SEK35 million ($3.36 million) to 8,567 associations across 73 sports this week. Annual Contribution to Youth Sports The funds under the Grassroots initiative will go directly to youth sports organizations as Svenska Spel marks its ten-year […]
Industry
November 10, 2022
Ban on Ads for Unlicensed Gambling to Be Approved by the Swedish Government
The Swedish government is about to approve a bill that will extend a ban on unlicensed gambling advertising in Sweden by the end of this year, which was proposed in May by the country’s previous government led by the Sweden Democrats party. The Current Swedish Government Is About to Approve a Bill Changing Gambling Regulations […]
Casino
October 31, 2022
HappyCasino Goes Live with Swintt’s Slots
HappyCasino, a Pay’n’Play casino that is owned and operated by the Malta-based iGaming company, Glitnor Group, announced that it has gone live with a full collection of Swintt’s range of video slot games. The platform, which was launched in August this year and was specially designed for the Swedish gaming market, will offer more than […]
Business
October 27, 2022
Kindred, Svenska Spel and ATG Form Gambling Data Deal
Kindred Group, the leading online gambling operator consisting of nine brands, announced a new collaboration with Svenska Spel and ATG on Wednesday. The trio forged a new partnership that will seek to raise awareness of problem gambling and help reduce gambling harm through dialogue. New Data Will Raise Awareness of Gambling Harm in Sweden As […]
Business
October 26, 2022
Svenska Spel Revenue Decreases in Q3 by 1% to $178.7M
The state-owned company that operates in the Swedish regulated gambling market, Svenska Spel, released its latest interim report outlining the financial performance for the third quarter of this year. Svenska Spel Revenue Dips by 1% In Third Quarter On Wednesday, the company revealed that its net gaming revenue for Q3 this year halted at SEK […]
Industry
October 25, 2022
BOS Welcomes New Gaming Policy Minister
Last month, the Swedish Trade Association for Online Gambling, Branschföreningen för Onlinespel (BOS) expressed hope that the newly elected government would show more interest in commercial companies and eradicate certain gambling restrictions. Now, the industry’s trade body has given a warm welcome to Nyklas Wykman, the country’s newly elected minister in charge of gaming policy. […]
Industry
October 19, 2022
LeoVegas, Karolinska Institutet to Research Harm
Premier GameTech company LeoVegas Group has entered a four-year partnership with the Karolinska Institutet’s Department of Clinical Neuroscience in Stockholm. The collaboration is aimed at gaining a deeper understanding of the problem gambling phenomenon, with an emphasis on achieving higher problem gambling prevention rates. As part of the agreement, LeoVegas will provide researchers at the […]
Business
October 14, 2022
Acroud AB Acquired 60% of Affiliation and Media Company
Acroud AB, a global provider of Software as a Service (SaaS) solutions to the affiliation industry, announced the acquisition of a 60% share in an Affiliation and Media Company for a total consideration of £5.1 million ($5.8 million). Expanding into Sports Betting The acquisition comprises affiliation assets and online gaming technology and is expected to […]
Casino
October 7, 2022
ATG Opposing Bonuses, CEO Says They Drive Gambling Addiction
Sweden has been trying to reform its gambling scene and growing it while also making it more secure for players seems to be a polarizing hurdle that’s stalling the process. Those leaning more towards the business side of the problem suggest easing regulation to allow the market more space to grow. However, there are also […]
Sports
October 5, 2022
Svenska Spel to Support Aspiring Athletes with Scholarships
Sweden’s former gambling monopoly, Svenska Spel, has launched a new initiative to support aspiring pro athletes. The Elite Sports Scholarship program will see the operator pay scholarships to 50 young players. Svenska Spel Will Pay Scholarships to 50 Athletes As announced by Svenska Spel, the state-owned company will fund a total of 50 scholarships throughout […]