The Swedish government has relaxed its control over AB Trav och Galopp (ATG), which operates horse racing betting in the country, and is still adjusting to market liberalisation. Sweden’s Ministry of Finance announced the development on 10 April, stating that market conditions mean its tight ownership and control over ATG is no longer needed or appropriate since re-regulation in 2019. …
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Sweden’s ATG opts for Suomen Hippos Finland deal after snubbing Veikkaus
Sweden’s AB Trav och Galopp (ATG), the operator of horse racing betting in the country, has signed a deal with one of Finland’s leading racing bodies ahead of gambling market regulation in the latter country. The Swedish firm has partnered with Suomen Hippos, the Finnish Trotting Association, to launch a new joint gaming venture to target the anticipated multi-licence Finnish …
Read More »ATG €500K fine dismissed by Swedish courts
The Swedish Gambling Inspectorate, Spelinspektionen, has had its SEK 6m (€500,000) penalty against the racing monopoly AB Trav och Galopp (ATG) overturned. The decision comes following an appeal by ATG to the Administrative Court in Linköping, where the firm contested the ‘size and warrant’ of Spelinspektionen’s penalty related to ‘AML deficiencies’. Spelinspektionen had originally issued a warning and a sanction …
Read More »ATG charged SEK 2m by Swedish regulator for self-exclusion outage
The Swedish Gambling Inspectorate, Spelinspektionen, has charged horse racing betting provider AB Trav och Galopp (ATG) SEK 2m (€187,000) due to a failure with its self-exclusion function. Licensed to provide commercial betting and gaming services under the provisions of licence covering 2019 to 2023, ATG is one of the most well-established operators in Sweden, having held a monopoly on the …
Read More »Sweden: ATG recovery continues as sports betting softens horse racing decline
AB Trav och Galopp (ATG), one of Sweden’s more prominent and well-established operators, has revealed that its revenue remains lower than in 2021, but maintains faith in a continued bounceback. As outlined in its interim trading report, the horse racing, sports betting and online casino operator experienced a net gaming revenue decline of 2% between January and June 2022. The …
Read More »ATG becomes first to join IBIA following rebrand
Following the rebranding of the International Betting Integrity Association (IBIA) last week, Swedish betting operator AB Trav och Galopp (ATG) has been named as the first operator to join the association. ATG has joined the integrity association as it moves to bolster its global monitoring and alert platform to cover approximately 50 international online and retail betting brands. Magnus Lunner, …
Read More »Kambi confirms ATG deal as Sweden prepares for fresh regulation
Kambi has completed a deal with Swedish horse racing operator AB Trav och Galopp (ATG) for the provision of its multi-channel Sportsbook and services. The agreement follows a competitive tender process, with Kambi’s strong track record in regulated markets, cutting-edge technology and powerful operator empowerment capabilities helping secure its selection. The multi-year deal comes as Sweden prepares to adopt a new regulatory …
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