Tag Archives: Gustaf Hoffstedt

Sweden requires bigger regulatory objectives to balance gambling marketplace

A deep dive on the prospects and realities of Sweden’s regulated online gambling marketplace opened the ‘Key Markets’ track on day one of the CasinoBeats Summit Malta. “Three years on from its re-regulation in 2019, Swedish gambling has faced perhaps the toughest balancing act of any European marketplace in the context of its liberalisation and regulation.” This was an observation …

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‘Fakta om spel’ site launched to ‘increase awareness’ about Swedish market

The ‘Fakta om Spel’ (Facts about Gambling) website has been launched by four of Sweden’s largest operators, with the aim of increasing awareness of the country’s gambling market. First announced last month and developed in cooperation with BOS, the Swedish Trade Association for Online Gambling, the new website has the backing of Betsson, Kindred Group, LeoVegas and William Hill. Fakta …

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BOS remains confident of positive outcomes amid Sweden’s political rupture

BOS, the Swedish Trade Association for Online Gambling, has issued its response to the decision of Prime Minister Stefan Löfven to end his leadership tenure , predicting what the political circumstance will mean for the future of the gambling industry. The Prime Minister’s resignation followed a vote of no confidence in his government by the Riksdag, last week. This decision …

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Swedish operators announce ‘Fakta om spel’ site to encourage ‘fact-based debate’

Four of Sweden’s largest betting and gaming operators have announced the launch of a new informative site, Fakta om spel (Facts About Gambling), to provide an easily accessible way for consumers and industry figures to gather facts and statistics about the licensed market. The four firms – Betsson, Kindred Group, LeoVegas and William Hill – will develop the website in …

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BOS welcomes Constitutional Committee criticism of gambling restrictions

Swedish gambling regulator BOS has called for the country’s government to end temporary restrictions on the gambling industry, following criticism of the constraints by the Constitutional Committee of the Riksdag. The temporary measures, aimed at ‘particularly risky forms of gambling’, first came into force on 2 July 2020. They have been extended several times and are currently set to run …

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Swedish banking denial to operators prompts official BOS complaint

Branscheforenigen för Onlinespel (BOS), Sweden’s online gambling trade association, has demanded that the Swedish Financial Authority (Finansinspektionen) explain why banks have ‘withdrawn their financial services for’ licensed operators.   BOS’ complaint states that during 2021, the majority of its members have unexpectedly had to deal with account closures and the termination of agreed payment services provided by national banks. “As far …

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BOS calls for Svenska Spel strip down to secure market clarity

Svenska Spel

Branschföreningen för Onlinespel (BOS), Sweden’s online gambling trade association, has reiterated its concerns on competition and fair market standards with regards to Swedish state lottery and gambling monopoly Svenska Spel’s influence on regulatory affairs.  Responding to the Riksdag commissioned ‘Gambling Market Inquiry’ (‘Spelmarknadsutredningen’), BOS outlined that Swedish gambling continues to be undermined by the presence of Svenska Spel, which is …

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BOS supports rejection of Swedish horse racing levy

The Swedish Trade Association for Online Gambling, BOS, has supported the Gambling Market Inquiry’s rejection of a potential horse racing levy. A proposal to introduce a five percent betting levy had been seen by horse racing industry figures in Sweden as a means to distribute funds to the sector. However, the Gambling Market Inquiry rejected the proposal in its entirety, a …

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Sweden launches ‘Larsson Inquiry’ on black market matters

Sweden’s Ministry of Finance has confirmed that Gunnar Larsson, Director General of the Swedish Chamber of Commerce, will lead an inquiry to safeguard Sweden’s regulated online gambling marketplace against black-market threats.    The appointment of Larsson was officially announced by Swedish Social Affairs Minister Ardalan Shekarabi, the lead advocate of recent ‘temporary player restrictions and controls’ that have ruptured Sweden’s online …

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IBIA and BOS strengthen integrity commitment with MoU

IBIA and BOS strengthen integrity commitment with MoU

The International Betting Integrity Association (IBIA) has entered into a new partnership with Sweden’s Branschföreningen för Onlinespel (BOS) whereby the duo will ‘work together on projects of mutual interest’. Through the memorandum of understanding (MoU), BOS and IBIA’s collaboration will likely focus on the challenges presented by recent regulatory changes in Sweden. Gustaf Hoffstedt, secretary general of BOS, commented: “A …

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