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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 […]
Business
March 15, 2024
Delasport Pens Partnership Agreement with Premier Gaming
Delasport, a leading supplier of iGaming software and products, announced a new addition to its lineup of partners. This time, the company made further strides in the Nordic region via a partnership with Premier Gaming, a renowned local online casino operator. Under the deal, Delasport will expand the geographical reach of its content. As agreed, […]
Industry
March 4, 2024
Sweden’s Operators Report $2.6B in Turnover for 2023
The Spelinspektionen, Sweden’s gambling regulator, has posted data about the regulated Swedish gambling market’s performance in 2023. According to the preliminary results, metrics remained mostly stable, with licensed gambling companies reporting a total turnover of SEK 27.1 billion ($2.6 billion). The turnover figure is more or less in line with the total turnover reported in […]
Industry
February 28, 2024
Play’n GO Study Says 55% of Swedish Players Want Bonus Buy Ban
A new poll from Play’n GO has revealed more than half of the online slot players in Sweden would agree with a ban on Bonus Buy mechanics imposed on online games. The mechanic, as revealed in a statement issued together with the survey results, enables gamers to buy their way into free spins or bonus […]
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
February 15, 2024
Kindred Joins Women in Tech Sweden for the Eighth Year in a Row
International gambling powerhouse Kindred has once again signed up as a co-creating partner to Women in Tech Sweden, the Swedish arm of the world’s foremost organization for inclusion, diversity and equity. As a co-creating partner, Kindred will participate in the Women in Tech conference on April 17 in Stockholm, helping the nonprofit promote its initiatives. […]
Legal
February 15, 2024
Court Rules in Favor of Kindred in Per Holknekt Case
Kindred Group has been spared some trouble as the Stockholm District Court ruled in its favor in the lawsuit by Per Holknekt, a Swedish fashion designer and entrepreneur. The plaintiff now has to pay SEK 2 million ($190,000) to cover the operator’s legal costs. The lawsuit was filed in July 2022 and saw Holknekt claim […]
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 […]
Business
February 7, 2024
Svenska Spel Posts 2023 Interim Report, Plans $181M Dividend
Svenska Spel has published its interim report for 2023, highlighting stable revenue. The year saw Svenska Spel earn a total net revenue of SEK 8,029 million ($766 million), in line with last year’s results. This followed a stable fourth quarter in which the company recorded net gaming revenue of SEK 2,121 million ($202 million) – […]
Industry
February 6, 2024
BOS: Sweden’s Public Transport Advertising Ban Is a Blank Lottery Ticket
The Stockholm public transport’s to ban online gambling advertising is a bad move, according to Gustaf Hoffstedt, the secretary director of The Swedish Trade Association for Online Gambling (BOS). In an opinion piece, Hoffstedt addressed the ban, saying that it would hurt both sectors. He pointed out that Stockholm public transport gets approximately SEK 20 […]
