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Business
December 18, 2023
Svenska Spel Names Anna Johnson as CEO, Hofbauer to Depart in February
Svenska Spel, a Swedish state-owned gambling operator, has named Anna Johnson as the successor of its current chief executive officer, Patrik Hofbauer. The latter announced his exit earlier this year, opting to explore other opportunities instead. Johnson will serve as Svenska Spel’s new president and CEO and is set to step into the office by […]
Industry
December 8, 2023
BOS: Sweden’s New Gambling Tax Is a Gift to the Black Market
Sweden’s online gambling association, Branschföreningen för Onlinespel (BOS) is not happy with the government’s plan to increase the gambling tax. According to its general secretary, Gustaf Hoffstedt, this move would be a huge Christmas present to the black market. For reference, Sweden just proposed to raise its gambling tax from 18% to 22%. The new […]
Business
December 6, 2023
TrueLayer Announces Nordics-Oriented Tie-up with Lunar
Nordic challenger bank Lunar has teamed up with TrueLayer, a leading open banking payments network in Europe. The new alliance will see the two companies “redefine the payments landscape” across Denmark, Norway and Sweden. According to the announcement, the new partnership will bolster TrueLayer’s instant payment capabilities in the aforementioned markets through seamless integration with […]
Industry
December 6, 2023
Spelinspektionen Weighs In on Sweden’s Proposed GGR Tax Adjustment
Spelinspektionen, the Swedish gambling authority, has responded to the Swedish government’s proposal for a 4% increase in the Gross Gaming Revenue (GGR) tax, expressing no substantive views but emphasizing the need for careful monitoring of market developments. Government Aims for Fiscal Boost without Disturbing Market Stability The proposal, introduced in September, aims to raise the […]
Business
December 5, 2023
Habanero Obtains Swedish Gambling Authority B2B License
The provider of world-class slot and table games popular in Western and Asian markets, Habanero, has expanded its presence on the Old Continent. The company with a portfolio that spans no less than 22 worldwide markets thanks to a plethora of agreements inked with big operators like Betway, Entain, Sportium, and Sisal has been granted […]
Industry
November 30, 2023
BOS Study Shows Swedes’ Misconceptions about the Gambling Industry
Sweden’s iGaming trade association, BOS, has published a new study on public views and misconceptions about the country’s gambling sector. Conducted by the research firm Novus, the survey analyzed Swedes’ attitudes toward and ideas about the industry. The survey, commissioned by BOS, saw Novus question 1054 participants online, inquiring about their perceptions of Swedish gambling. […]
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, […]
Business
November 14, 2023
Bet365 Secures Games from Pragmatic Play in Spain and Sweden
Online casino content specialist Pragmatic Play has expanded its existing partnership with the iGaming and online sports betting juggernaut bet365. Under the new deal, Pragmatic Play will supply games to the operator in two additional markets. As announced, suites of the supplier’s best games will be injected into bet365’s portfolios in Spain and Sweden. Per […]
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, […]
