The Swedish Trade Association for Online Gambling (BOS) has taken a stance against the Ministry of Finance mandate for a comprehensive ban on gambling with credit. According to the proposal memorandum, the ban will boost Sweden’s efforts to prevent cases of indebtedness caused by credit gambling. By law, licensed gambling operators carry a “duty of care” which mandates that they …
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The government of Sweden has extended Camilla Rosenberg’s tenure as Director General of Gambling Inspectorate Spelinspektionen until 31 October 2026. Rosenberg will continue to serve as leader of Spelinspektionen, a position she has held since 2017, when she was placed in charge of Lotteriinspektionen – Sweden’s former lottery inspectorate. In her duties, Rosenberg oversaw Lotteriinspektionen’s transition to Spelinspektionen, the gambling …
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Sweden’s Administrative Court has confirmed that it will reduce a penalty issued to Casino Cosmopol in 2018 from SEK8m to SEK3m, however national gambling regulator Lotteriinspektionen could appeal against the ruling. The fine, issued in relation to systematic deficiencies in Casino Cosmopol’s policies related to money laundering and terrorist financing in November 2018, were found to have ‘serious and systematic’ …
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Sweden’s new gambling regulatory authority Spelinspektionen has issued a stern warning to new online incumbents, stating that licences will be withdrawn if self-exclusion standards/policies are not met. The Swedish regulator, which revamped its operational set-up in 2018, has stated that it will simply not tolerate operators’ disregarding Spelpaus.se ( translation – ‘game-break’) provisions, made mandatory under Sweden’s new online gambling …
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Finalising its 2018 relocation projects/programs, French online bookmaker Betclic confirms that in 2019. The firm will relocate its headquarters to the newly built ‘Whoorks’ building in Bordeaux’s Bacalan area. Betclic will move all 200 Bordeaux employees working within its European headquarters to the new hi-tech and innovation built Whoorks building, designed and serviced by Groupe Legendre. The French bookmaker will occupy nearly half …
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The licence count in Sweden has reached 18 after two more companies – Videoslots Ltd and SafeEnt Ltd, a subsidiary of Global Gaming, secured approval to service the market from 1 January 2019. On 3 and 4 December, Videoslots was granted a licence for online games, while SafeEnt secured a five-year licence for betting and online gaming through Ninja Casino …
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Kindred Group Plc, one of the first incumbents to secure a ‘Swedish Gambling Licence’ issued by Lotteriinspektionen has reemphasized that its home market activity will be driven by social responsibility, sustainability and public trust. Approaching the 1 January 2019 launch date for the new Swedish online gambling marketplace, Kindred governance confirms that it will operate its following brands: unibet.se, mariacasino.se, …
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Swedish gambling regulator Lotteriinspektionen has this morning announced its first sixteen approved operators, which will be allowed to service Sweden’s re-regulated online gambling marketplace from 1 January 2019. As anticipated, established Stockholm-listed enterprises’ Kindred Group Plc, Betsson AB and LeoVegas AB feature on the Lotteriinspektionen approved list. In a statement released this morning, Kindred Group confirmed that it had secured approval …
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Writing in the first part of The Biggest Miss, Ismail Vali recognised the significant regulatory shift overseen by Sweden’s Lotteriinspektionen, but identified a lack of clarity on player protection, self-exclusion, bonusing and ‘moderate’ marketing as part of the new regulations. A week on and Vali, a senior consultant for iGaming Leaders, is back to serve his final analysis of pre …
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Ismail Vali, Senior Consultant for iGaming Leaders, delivers a two-part explanation about how operators in Sweden have been forced to act upon regulatory changes that are only vaguely specified but affect the day-to-day operational realities of running a sportsbook. The lack of clarity provided by the Lotteriinspektionen has led Vali, who authored the recent Bricks vs Clicks article and a …
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