Sweden Bolsters Fight Against Match-Fixing with New Legislative Measures Sweden has taken a decisive step forward in the battle against match-fixing with a proposed expansion of laws governing information sharing among key stakeholders. This initiative, spearheaded by the Swedish Trade Association for Online Gambling (BOS), underscores a national commitment to cleansing sports and betting markets […]
PolarLotto and Fast Track Unite to Revolutionize Online Lottery Betting in Sweden In an ambitious move that signals a significant evolution in Sweden’s lottery market, PolarLotto has announced a strategic partnership with Fast Track. This collaboration is poised to redefine the online lottery betting experience in Sweden, marrying PolarLotto’s extensive lottery offerings with Fast Track’s […]
Crackdown on Unlicensed Gaming: Spelinspektionen Takes Decisive Action Against Illegal Operators In a bold move underscoring its commitment to maintaining integrity within Sweden’s gambling ecosystem, Spelinspektionen, the Swedish Gambling Authority, has imposed a ban on three operators found guilty of offering gambling services to Swedish customers without proper licensing. This decisive action reflects the authority’s […]
Safeguarding Integrity: Sweden’s Bold Stride in Gambling Regulation with Claes Norgren’s Leadership In a decisive move, Sweden’s gambling sector welcomes Claes Norgren as the new chairman of Spelinspektionen, setting the stage for a transformative era in regulatory oversight. With a storied career that includes leading the Swedish Financial Supervisory Authority and serving as deputy governor […]
Yggdrasil Faces SGA Sanctions for Regulatory Missteps: A Wake-Up Call for the iGaming Industry In a recent and significant development, Yggdrasil, a prominent name in the iGaming software supply chain, has been penalized by the Swedish Gambling Authority (SGA) for a breach of regulatory compliance. This action comes after Yggdrasil was found to be supplying […]
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. […]
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 […]
Revamping Sweden’s Gambling Landscape: Spelinspektionen Advocates for Stronger Consumer Safeguards Spelinspektionen, Sweden’s gambling regulator, is set to welcome significant amendments to the Swedish Gambling Act, heralding a new era in consumer protection and regulatory compliance. Camilla Rosenberg, the Director-General of Spelinspektionen, has expressed strong support for the proposed legislative changes. These amendments, scheduled to be […]
Kambi has successfully obtained B2B gambling licenses in Sweden from the country’s gambling regulatory body, Spelinspektionen. Kambi has successfully obtained B2B gambling licenses from the Swedish gambling regulator, Spelinspektionen, which will be valid from July 1, 2023, for a duration of five years. This development follows the recent acquisition of B2B licenses by other operators […]