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Gambling News - 'Spelinspektionen'
Industry
March 8, 2024
Swedish Gambling Regulator Extends MoU Agreement with UKGC
In November 2019, Spelinspektionen, the Swedish gambling regulator, inked a Memorandum of Understanding (MoU) with the gambling regulator in the UK, the Gambling Commission. The international collaboration focused on identifying best practices, exchanging information and ensuring the sustainable growth of the two markets. The strategic MoU between the Gambling Commission and the Swedish gambling regulator […]
Industry
February 27, 2024
Sweden Didn’t Penalize Infiniza, Infuriating BOS
Spelinspektionen, the Swedish gambling regulator, aggravated the Swedish Trade Association for Online Gambling, BOS, by deciding not to levy charges against Infiniza. BOS emphasized its disagreement with this decision and demanded stricter regulations. For reference, Infiniza is a Malta-based online operator that offered its products to Swedish players despite lacking the necessary license. Originally, Sweden […]

Industry
January 31, 2024
Sweden to Allow Licensees to Share Customer Data with SGA
Sweden is considering major changes to its gambling laws in an attempt to intensify the efforts against match-fixing in professional sports. As outlined in a new memorandum, the government wants to provide gambling operators with the ability to share personal customer data in certain cases. Currently, the European Union’s Data Protection Regulations prevent operators from […]

Industry
January 23, 2024
SGA Takes Action against Two More Operators
Spelinspektionen, the Swedish Gaming Authority (SGA), has taken action against two companies providing games in the country without proper licensing. Such actions represent a severe violation of Sweden’s gambling regulation and led to immediate action. The authority was adamant that the two operators threatened the safety of Swedish players, reaffirming its commitment to a sustainable […]

Industry
January 16, 2024
Spelinspektionen Signs Memorandum of Understanding with IBIA
The Swedish Gambling Authority (Spelinspektionen, SGA) has joined forces with the International Betting Integrity Association (IBIA), signing a memorandum of understanding (MoU) on sports betting integrity. Under the MoU, the Swedish regulator will work with the largest international betting integrity monitor in the world, allowing it to better prevent fraud. The agreement will see the […]

Casino
December 20, 2023
Spelinspektionen Fines Casino Cosmopol $200K over AML Breaches
The latest company to have been handed down a fine is Casino Cosmopol which admitted fault and agreed to pay SEK2 million, or $200,000, to the regulator. This penalty is awarded in relation to anti-money laundering (AML) breaches outlined in the watchdog’s conclusion of the case and the two-year investigation. Cited Breaches Are a Matter […]
Legal
November 20, 2023
Spelinspektionen Applauds Changes to Gambling Regulations
Earlier this year, the regulated gambling sector in Sweden went through changes related to licensing of the providers of iGaming technology and content. The changes came into effect on July 1, 2023, requiring all suppliers of content and solutions for the online gambling industry to secure a license from the Swedish Gambling Authority, Spelinspektionen. Then, […]
Industry
November 3, 2023
Spelinspektionen: Credit Card Ban Isn’t Needed at the Moment
Sweden’s gambling regulator, the Spelinspektionen, has published a consultation response relating to SOU 2023:38, saying that gambling companies should not encourage their players to loan money. However, the regulator is not convinced that further measures are needed at this moment. SOU 2023:38 is a series of proposed measures that concern the extension of the credit […]
Industry
November 2, 2023
Spelinspektionen Issues $809,300 Fine to Videoslots over AML Failings
Sweden’s gambling regulator, the Spelinspektionen, has issued a penalty fee to Videoslots. According to the authority, the gambling operator failed to properly measure risk and committed anti-money laundering (AML) and counter-terrorist financing (CTF) violations. For reference, Videoslots is a licensed operator that offers gambling in Sweden through its videoslots.com website. As noted by the Spelinspektionen, […]

Industry
November 1, 2023
Spelinspektionen Reports Progress of Anti-Black Market Collaboration with Finansinspektionen
The Spelinspektionen, Sweden’s gambling regulator, has published a partial report on the ongoing review of how collaboration with the Finansinspektionen can strengthen the efforts against illegal gambling. The country remains bullish on protecting local players from harm and combating gambling-related fraud. The report outlines the results of the ongoing cooperation between the Spelinspektionen and the […]