Casino
March 11, 2022
Red Tiger Gaming to Power Sweden’s ATG with Slots Content
Red Tiger Gaming, a leading supplier of online casino software, has expanded its reach by signing a deal with Aktiebolaget Trav och Galopp (ATG) – a Scandinavian entertainment and leisure provider. Red Tiger Gaming Expands Nordics Influence The deal will see Red Tiger Gaming launch its critically-acclaimed suite of slot games in the key Swedish […]
Casino
March 10, 2022
Leap Gaming Enters Sweden After Receiving the SGA’s Approval
Leap Gaming, a B2B supplier of high-end virtual games for online, mobile, and retail markets, has received a license by the Spelinspektionen (Sweden’s Gambling Authority, SGA), allowing it to launch its offerings in the country. Leap Gaming Secures a Swedish License Following this achievement, the provider will be able to power the SGA licensees with […]
Industry
March 8, 2022
Swedish Financial Ministry Asks for Bigger Fees and More Industry Accountability
The Swedish Ministry of Finance is coming up with a set of changes that will apply to the way the gambling industry in the country is regulated. Essentially, the changes will apply to the supplier licenses which will now cost SEK 120,000 or $12,000 per the new changes put forth by the Ministry of Finance. […]
Industry
February 25, 2022
Swedish Gambling Association Appoints Maria Wennerberg Sedigh as CEO
The Swedish Gambling Industry Association (Spelbranschens Riksorganisation, SPER) has promoted senior adviser Maria Wennerberg Sedigh to the position of chief executive officer. Sedigh will use her rich expertise working in the gaming regulation field to grow and improve SPER’s activity and results. Maria Wennerberg Sedigh Calls Her New Position a “Fun Assignment” Wennerberg Sedigh commented […]
Legal
February 23, 2022
Trustly, ClearOn Receive Fines from the Swedish Financial Authority
The Financial Supervisory Authority in Sweden announced that it imposed fines against Trustly over anti-money laundering breaches. Upon investigating, the Authority found that ClearOn had deficiencies related to money laundering and imposed an administrative fine. Trustly Receives a Fine and a Warning in Sweden Finansinspektionen, the Financial Supervisory Authority in Sweden announced on Tuesday that […]
Industry
February 9, 2022
Svenska Spel to Pay $318m Dividend to the Government
Swedish lottery and gambling operator Svenska Spel released its full-year 2021 financial report marking an above expectation performance with a SEK2.9 billion ($318 million) dividend payment to the government. Solid FY2021 Results The state monopoly on lottery and gambling Svenska Spel announced it would pay back to the government the multi-billion dividend to celebrate a […]
Industry
February 7, 2022
SGA Launches a Campaign to Promote Licensed Gambling
The Swedish Gambling Authority (Spelinspektionen) continues its crusade against the unlicensed gambling operators in the country by urging the local bettors to choose their licensed counterparts. Games Need Rules: SGA’s Latest Campaign The authority’s new campaign is called “Spel behöver regler” or “Games need rules.” True to its name, the initiative strives to remind people […]
Industry
February 1, 2022
Spelinspektionen Looks into Betway Over License Condition Shortcomings
The gambling regulator of Sweden, Spelinspektionen, has reprimanded Betway as the operator has failed to meet certain license obligations. According to Spelinspektionen, Betway has negative equity, which puts operations at risk due to what is described as “unstable” finances. Betway Claims That Its Operations Are Stable This is not the first time that Betway has […]
Industry
January 28, 2022
Sweden Rejects Return of Gaming Spending Cap, But New Regs Coming
The Swedish government announced earlier this month that it was considering bringing back several temporary measures to the gambling industry. Among these was a deposit limit, which was in place in 2020 and 2021 during the COVID-19 pandemic. However, the government opted to scrap the plan. Players and operators are thrilled with the decision. Sweden […]
Industry
January 27, 2022
The Number of Swedish Gamblers Increases in 2021, Says Study
Spelinspektionen, Sweden’s gambling regulator, unveiled details regarding an annual survey outlining the gambling habits of the Swedes. Surprisingly, the survey found the percentage of Swedes that have gambled in 2021 increased by 7%. More Swedes Turn To Gambling in 2021 The study was conducted at the end of November 2021, but the results were released […]