Tag Archives: Copenhagen Economics

Swedish government green lights tighter restrictions despite industry backlash

Sweden’s government has given the green light for temporary restrictions to be placed on the country’s regulated gaming market despite industry protests against the measures.  The measures will be rolled out from 2 July and remain in place until the end of the year. The SEK5,000 weekly deposit and SEK100 bonus offer limits, which will not be applicable to the …

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Spelinspektionen maintains criticism of deposit limits

Swedish gambling inspectorate Spelinspektionen has warned the government that it may be difficult to meet the 2 July deadline to implement deposit limits.  Last month, Minister of Health Ardalan Shekarabi submitted proposals for a weekly deposit limit of SEK5,000 as well as a SEK100 limit on welcome bonuses – a directive that has been widely criticised by both industry leadership …

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Swedish CEOs challenge ‘unrealistic demands’ against threat of igaming becoming obsolete

A consortium of Swedish online gambling companies have ‘unanimously contested’ the Ministry of Finance’s proposals to place further restrictions on online gambling licensees. In a joint statement issued by Swedish igaming trade body BOS, nine CEOs have called for the government to reconsider the ‘unrealistic proposals’, which are said to ‘play into the hands of the unlicensed market’. The statement …

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Martin Lycka – April lockdown can never be forgotten

GVC’s Director of Regulatory Affairs Martin Lycka reviews the events of a world-changing April 2020, in which tough lessons have been learnt by the lived experience of working and adjusting to national lockdown orders… _____________________________ Dear Diary,  What a month this has been. In the UK, we are told the virus has peaked and is now hopefully ebbing. However, we are …

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Swedish leadership hits back at Shekarabi’s ‘torpedo orders’

The Chief Executives of Sweden’s leading online gambling businesses have written to the government urging for the suspension of temporary deposit restrictions sanctioned by the Ministry of Health & Social Affairs. A letter co-signed by Pontus Lindwall (Betsson), Henrik Tjärnström (Kindred Group), Gustaf Hagman (LeoVegas), Therese Hillman (NetEnt AB) and Ulrik Bengtsson (William Hill Plc / Mr Green) – urged …

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