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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 29, 2024
Svenska Spel to Offer Free Gamban Licenses to Customers
Svenska Spel, Sweden’s former online gambling monopoly, has formed a new partnership with Gamban, a provider of self-exclusion services and safer gambling tools. Under the deal, Gamban will supply the Swedish state-owned operator with blocking software. Thanks to the agreement, Svenska Spel clients who have opted to self-exclude from gambling will be provided with a […]
Industry
January 26, 2024
Svenska Spel Renames Horse Games after Legal Action
Svenska Spel Sport & Casino, Sweden’s state-owned gaming operator, has renamed its horse games to Svenska Spel Hästar following a dispute with ATG over the name of its trotting venture. The Patent and Market Appeal Court announced the judgment on 25 January, prompting the company to implement this change. This incident marks another setback for […]
Casino
January 25, 2024
Swedish Operators Concerned Over Unregulated Payments Issue
Last September, several regulated operators in Sweden complained that a financial services company that offers next-gen open banking payments and payouts, Finshark, had facilitated a series of money transfers between consumers and unlicensed operators in the country. A few of the worried operators carrying a license went further and asked the country’s expert authority in […]
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 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 […]
Industry
January 11, 2024
Swedish Gambling Authority Survey Reveals Worrying Trends
A November 2023 survey conducted by the Swedish Gambling Authority (SGA) in collaboration with research company Enkätfabriken provides valuable insights into Swedes’ gambling habits and awareness levels. The data sheds light on key trends and sentiments related to gambling in the country and highlights the government’s ongoing efforts to curb gambling harm. Effective Regulation Requires Comprehensive […]
Legal
December 21, 2023
Swedish Court Orders Betsson to Pay Back Client’s Losses
In a landmark ruling by the Swedish Patent and Market Court of Appeal, Betsson, a prominent betting company, has been mandated to refund all losses the plaintiff, a man suffering from a gambling disorder. This development has significant long-term consequences and follows similar cases in other European jurisdictions. Betsson May Face Other Such Lawsuits According […]
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 […]
Industry
December 20, 2023
Swedish Government to Strengthen Consumer Protection in Gambling Sector
To fortify consumer protection and combat criminal activities associated with gambling, the Swedish government presented a proposal to the parliament on December 19. Swedish Government Proposes Written Confirmation Requirement for Telephone Gambling Sales One key aspect of the proposal is the introduction of a written confirmation requirement for telephone sales of gambling services. Under this […]