The government of Sweden has granted additional powers to the Gambling Inspectorate, Spelinspektionen, to intervene directly in cases of ‘excessive online gambling.’ Yesterday, the government announced that the Inspectorate would be allowed to set individual “requirements on the content of license holders’ action plans to counter excessive gambling.” This measure was described as a ‘sharper tool’ for Spelinspektionen to ensure …
Read More »Tag Archives: Niklas Wykman
BOS warns Wykman of Svenska Spel encroachment in online casino
Branschföreningen för Onlinespel (BOS), Sweden’s Trade Association for Online Gambling, has called on the government to take further actions against Svenska Spel’s presence in gambling. Writing an op-ed in the Swedish newspaper Aftonbladet, Gustaf Hoffstedt, the Secretary General of BOS, agreed with the view expressed by Financial Markets Minister Niklas Wykman that “there is no political order for a state …
Read More »Swedish Sports and Gambling to prepare for common exchange on match-fixing data
Swedish gambling will enter a transformative phase during H2 as the government launches its new cooperative framework to combat match-fixing across all levels of professional and amateur sports. Yesterday, Camilla Rosenberg, Director General of Spelinspektionen, Sweden’s Gambling Inspectorate, joined Minister of Financial Markets Niklas Wykman to inform stakeholders of upcoming duties. Approved by the Riksdag in 2023, Swedish gambling and …
Read More »Kindred hires Bolin Communications to lead Swedish public affairs
Kindred Group Plc has appointed Bolin Communications to serve as its new public affairs agency for Sweden. Launched at the start of 2023, Bolin Communications is the new public relations and public affairs agency of Swedish media figurehead Jacob Bolin. Bolin is a former partner of Stockholm-based agency Fuze PR, responsible for campaigns, projects and stakeholder management related to politics …
Read More »ATG ownership rights to be resolved in 2024
Swedish horseracing stakeholders have stated that the governance structure of ATG (Aktiebolaget Trav och Galopp) must be addressed in 2024. The statement was made by Anders Källström, Chairman of Svensk Travsport at the autumn meeting of the Stockholm Harness Racing Society. ATG, which serves as the totalizer and betting network of Swedish racing, was founded as a government initiative in …
Read More »Swedish operators halve advertising volume in 2022
Swedish gambling has recorded its lowest advertising coverage since 2016, according to new data from the Gambling Inspectorate, Spelinspektionen. The gross advertising spend on traditional media platforms for 2022 saw Swedish gambling operators invest SEK 3.4bn (€280m) into advertising activity. Of distinction, the 2022 ad-spend figure is less than half of the SEK 7.3bn (€620m) recorded in 2018, when Sweden …
Read More »Sweden adopts new market controls against illegal gambling
Swedish gambling stakeholders have been reminded of the new measures adopted to counter illegal gambling and match-fixing, which have come into force as of 1 July 2023. Q1 saw the Riksdag (parliament) approve new amendments to the Gambling Act (2018) ordered by the Ministry of Finance to enhance Swedish gambling’s market safeguards against criminality and match-fixing. From 1 July, all …
Read More »Sweden mulls higher penalties for breaches of Money Laundering Act
Sweden’s government is considering a proposal to increase penalty fees for businesses that breach the country’s Money Laundering Act provisions. The Minister of Financial Markets, Niklas Wykman, who oversees policy for the Swedish gambling sector, has put forward the proposal. In a memorandum, the country’s gambling inspectorate, Spelinspektionen, noted that the current arrangement is “unsatisfactory” as “in many cases” violations …
Read More »Spelinspektionen bolsters 2023 budget to tackle black market threats
Spelinspektionen, Sweden’s Gambling Inspectorate, has welcomed the news that it will receive extra funding towards combating illegal gambling activities. Authorised by the Riksdag, the Inspectorate will receive a further SEK 2.4m (€200,000) to its 2023 budget, allocated towards safeguarding Sweden’s regulated online gambling marketplace. The Inspectorate had requested additional funds to bolster resources, in a year in which it “handle …
Read More »Swedish Alliance signals no change to Gambling Inspectorate
Spelinspektionen, Sweden’s Gambling Inspectorate, will maintain the current size of its seven-member board of governance. The decision has been approved by Sweden’s ‘Centre-Right Alliance’ government – a coalition formed by the four parties of the Swedish Moderates, Christian Democrats (CD), Liberal Party, and Centre Party. The only change adopted by Spelinspektionen will see long-serving counsellor Per Håkansson appointed as Chairman …
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