BOS Advocates for Private Land-Based Casinos in Sweden Amid Casino Cosmopol Closure In a significant development within Sweden’s gambling landscape, the Swedish Trade Association for Online Gambling (BOS) has voiced its stance on the government’s proposal to close Casino Cosmopol in Stockholm. This move comes as part of broader constitutional amendments aimed at reshaping the […]
Spelinspektionen Calls for More Resources Amid Potential Casino Cosmopol Closure In a significant development for Sweden’s gambling landscape, Spelinspektionen, the Swedish gambling regulator, has raised concerns about the potential closure of the country’s last land-based casino, Casino Cosmopol. As the government considers closing the flagship venue in Stockholm, Spelinspektionen has warned that such a move […]
Svenska Spel’s decision to close two of its Casino Cosmopol locations in Gothenburg and Malmö reflects a strategic realignment in response to the evolving gambling landscape. While the closures signify the end of an era for Sweden’s land-based casino industry, they also highlight the operator’s commitment to adapting its business model to current market realities. […]
Svenska Spel Elevates Player Protection with Gamban Collaboration Svenska Spel, Sweden’s state-controlled gambling operator, has taken a significant step in promoting responsible gaming by partnering with UK-based Gamban. This strategic alliance aims to provide players who opt for self-exclusion with complimentary access to Gamban’s robust gambling block software and supportive app. Empowering Players through Self-Exclusion […]
Svenska Spel’s Strategic Rebranding Post Legal Ruling In a pivotal move, Sweden’s Svenska Spel has announced the rebranding of its horse racing games to “Svenska Spel Hästar,” following a legal setback with the horseracing betting operator Aktiebolaget Trav och Galopp (ATG). This decision comes after the Swedish Supreme Court upheld a lower court’s ruling that […]
A concerning development has emerged in Sweden’s gambling landscape, with two of the country’s three land-based casinos facing the imminent risk of permanent closure. The Casino Cosmopol venues in Malmö and Gothenburg, both operated by Svenska Spel, are currently at the center of this uncertainty, potentially leaving the brand’s Stockholm venue as the sole remaining […]
Spelinspektionen, Sweden’s gambling regulator, has handed down a SEK2 million (€180,000) penalty and a warning to Svenska Spel’s Casino Cosmopol for breaching anti-money laundering (AML) rules. This enforcement action underscores the regulator’s commitment to upholding stringent compliance standards in the Swedish gambling industry. Casino Cosmopol faces a substantial fine from Spelinspektionen for AML violations, signaling […]
The Swedish Parliament is currently scrutinizing a significant new gambling bill that aims to bolster customer protections in the gambling sector. This bill, set to potentially take effect in April, introduces higher penalty fees for gambling operators that violate Sweden’s Money Laundering Act, aligning these penalties with those established under the Gambling Act. Sweden moves […]