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Industry
January 27, 2025
Swedish Court Revises Decision, Forces ATG to Cover Legal Fees
Several years ago, Swedish horse racing betting giant ATG sued Wrangler for featuring the former company’s logo on a line of clothing. While the court initially sided with the operator, it has reportedly reversed its decision. ATG Lost the Lawsuit As mentioned, Wrangler had, between 2019 and 2021, offered a line of apparel featuring ATG’s […]
Business
September 19, 2024
Ainsworth Forays into Ontario’s Charitable Gaming Market
Ainsworth Game Technology (AGT) announced that it had made a foray into Ontario’s charitable gaming market. The company shared that it has successfully installed its first Cabinet Bingo Games in a gaming hall in Toronto. Over a Dozen Games Have Been Installed According to the announcement, AGT installed 14 Cabinet Bingo Games at Delta Bingo […]
Business
May 7, 2024
Ainsworth Adds Legal & Compliance Heavyweight to Its Team
Ainsworth Game Technology (AGT), a leading manufacturer and supplier of gaming machines, software and gaming equipment, has strengthened its leadership team with the appointment of Nancy Ramirez Ayala. The new hire will join AGT’s team as SVP, general counsel and group compliance officer. Ayala brings robust expertise in the iGaming sector to the team. Well-versed […]
Industry
April 26, 2024
ATG CEO Hints Sweden’s Government Is Open to Amend Tax Hike
Swedish gambling operator ATG’s chief executive officer, Hans Lord Skarplöth, has suggested the government might be willing to amend the gross gaming revenue tax hike proposal. Seminar for 20 Politicians In a blog post on the ATG platform online, CEO Skarplöth explained the unique betting company launched in 1974 has hosted a gambling-connected seminar for […]
Industry
March 15, 2024
ATG Worried about Persistent Swedish Channelization Decline
Countries across Europe have implemented different laws when it comes to gambling activities. While some jurisdictions on the Old Continent have stringent laws regulating iGaming, in others the rules are rather lax. Regardless of whether or not the regulations are strict, the black market continues to threaten the legal sector and gambling regulators in many […]
Industry
February 8, 2024
Sweden’s Top Operators Report Responsible Gambling Progress
Svenska Spel, Kindred Group and ATG have published an update on their responsible gambling activities in Sweden in H2 2023. The three major Swedish operators reported positive results in July and continued to strive to reduce harmful gambling in the country throughout the second half of the year. Svenska Spel Interacted with 1.9% of Its […]
Industry
January 22, 2024
ATG Promotes Differentiated Tax as Sweden Prepares to Raise Gambling Taxes
Aktiebolaget Trav och Galopp (ATG), Sweden’s former horse racing monopoly, is not happy with the country’s plans to introduce a tax hike. Hasse Lord Skarplöth, the operator’s chief executive officer explained that his team was shocked by the proposal and called for differentiated tax that would protect the racing sector. For reference, Sweden plans to […]
Business
September 28, 2023
Kambi Group Inks Partnership Extension with ATG
Kambi Group has extended its partnership with AB Trav och Galopp (ATG), a Swedish horse racing and sports betting company. Under the agreement, the former party will continue to supply its Swedish client with cutting-edge solutions. The two parties originally joined forces in 2018, allowing Kambi to roll out its products in Sweden. The partnership […]
Legal
July 4, 2023
Administrative Court in Sweden Overturns $550K Fine against ATG
Spelinspektionen, the Swedish Gaming Authority, announced Monday that a fine it imposed against the horseracing and betting operator, AB Trav & Galopp (ATG), has been annulled by the Administrative Court in Linköping. The fine was imposed by the gambling watchdog back in November 2022 and it came along with a warning over anti-money laundering failures. […]
Business
April 28, 2023
ATG Posts Suboptimal Q1 Results amid Economic Headwinds
Aktiebolaget Trav och Galopp (ATG), Sweden’s former horse racing monopoly, posted its Q1 financial results, highlighting a bumpy period for the company. The suboptimal results were attributed to the macroeconomic headwinds. ATG’s net gaming revenue for the first three months of 2023 was SEK 1.19 billion (around $116 million). This figure represents a 5.9% year-on-year […]
