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Industry
February 6, 2025
Svenska Spel Reaffirms Commitment to Safe Gambling amid Privatization Debate
Svenska Spel, Sweden’s state-owned gambling operator, has posted a 93.9% healthy revenue share for the fourth quarter of 2024, retaining its positive Q3 results. For the full year, the operator recorded a 1.5% rise in its healthy revenue share, representing revenue from players who gamble responsibly and have a low risk of gambling issues. The […]
Industry
January 31, 2025
Spelinspektionen Reports Rise in Gambling Among Young Adults and Minors
The Swedish Gambling Authority (Spelinspektionen) has published a new report on youth gambling, reporting an increase in the percentage of younger citizens playing real-money games of chance. As it turns out, young men are at an especially high risk of gambling harm. Newer Gaming Verticals Have Engaged Younger Players The findings, outlined in the 2024 […]
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 […]
Industry
January 24, 2025
Spelinspektionen Bans Offshore Operator, Announces Industry Seminar
The Swedish Gambling Authority (Spelinspektionen) announced that it has banned yet another unlicensed gambling operator. This came a few days after the authority announced an upcoming industry seminar. The Operator Offered Gambling Illegally The Spelinspektionen announced that it has issued a ban against Goodwin NV, a Curaçao-based operator under license number OGL/2024/758/0228. Despite sporting a […]
Industry
January 10, 2025
Spelinspektionen Rejects Alleged Self-Exclusion Data Leak Rumors
Sweden’s gambling regulator, the Spelinspektionen, has denied recent claims of data leaking from the country’s national self-exclusion scheme. This statement was issued as a response to recent rumors about an alleged data breach. A Documentary Implied the Self-Exclusion Scheme Had Been Breached On January 7, the P1 documentary Kasinoläkkan was aired, examining Europe’s overall casino […]
Casino
January 3, 2025
Swedish Regulator Targets Versus Odds BV in Gambling Case
Versus Odds B.V., a company licensed in Curacao, has been named in Spelinspektionen’s latest enforcement action against the unlicensed and unregulated gambling market in the country. According to the regulator, Versus Odds B.V., which operates fortunepanda dot com, had offered unlicensed gambling to local players. Sweden has been a regulated market since January 1, 2019, […]
Industry
December 19, 2024
Swedish Gambling Authority Launches Campaign to Promote Licensed Operators
The Swedish Gambling Authority (SGA), Spelinspektionen, has started a new campaign called “Unnecessarily Exciting” to increase awareness about the need to choose licensed gambling operators. New Animated Campaign Warns Against Unlicensed Gambling The campaign includes two animated videos that aim to educate consumers about the risks of unlicensed gambling sites and encourage them to use […]
Legal
December 18, 2024
Swedish Court Rejects Operators’ Request to Have Fines Revoked
The Swedish Supreme Administrative Court has denied several operators’ appeals against decisions by the Spelinspektionen, the local gambling regulator. As a result, the violators will have to pay the fees outlined in their penalty orders. The Spelinspektionen’s penalties were issued against subsidiaries of the gaming companies ComeOn Group, Kindred Group, and Mr Green. ComeOn Group’s […]
Industry
December 16, 2024
Sweden Takes Stance against Match-Fixing, Ratifies Macolin Convention
A few days ago, Sweden decided to ratify the Council of Europe’s Convention on the Manipulation of Sports Competitions, also known as the Macolin Convention. This marked an important step in the development of the Swedish regulated market, highlighting the country’s commitment to the integrity of sports competitions. Sweden Accedes to the Convention The government […]
Industry
December 6, 2024
Swedish Court Reduces Fine Against Videoslots
The Linköping administrative court in Sweden has significantly reduced a fine imposed on Videoslots by the country’s gambling regulator, Spelinspektionen. The penalty, initially set at SEK 9 million ($827,000) for anti-money laundering (AML) and terrorist financing violations, was slashed to SEK 4 million ($367,000) after an appeal by the online casino operator. However, Spelinspektionen’s warning […]
