Tag Archives: Riksdag

Sweden to launch B2B software licensing regime from 1 March 2023

SBC News Sweden to launch B2B software licensing regime from 1 March 2023

The Swedish regulator is working towards introducing a B2B licensing system from March 1, 2023, despite current legislative steps still having to be made regarding the process. Earlier this year, the country’s government submitted a number of proposals, which included B2B licensing, however, this has yet to be fully passed into law. The Spelinspektionen acknowledged that the requirement for a gaming software licence is …

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Sweden: ATG recovery continues as sports betting softens horse racing decline

SBC News 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 …

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Swedish Moderates call for Svenska Spel split and sell-off 

SBC News Swedish Moderates call for Svenska Spel split and sell-off 

Sweden’s Moderaterna Party (Liberal Conservatives) have submitted a provisional mandate to the Riksdag, outlining plans to overhaul the country’s gambling regime. Ahead of the General Election on 9 September, Moderaterna has formed a four-party right-wing bloc that will challenge Sweden’s left-of-centre coalition government led by Social Democrat Prime Minister Magdalena Andersson.  Should it win the Autumn elections and come to power, …

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Shekarabi calls for a tightening of Swedish licensing duties 

SBC News Shekarabi calls for a tightening of Swedish licensing duties 

Ardalan Shekarabi, Sweden’s Minister of Social Securities, having drafted a raft of new safer gambling and consumer protection proposals, has seen them endorsed by the Swedish government.  Addressing the media, Shekarabi stated that “the gambling market is where many Swedish consumers are vulnerable and therefore the government is right to take back control”. The minister has proposed “new controls to …

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Spelinspektionen backs Swedish Consumer Credit inquiry 

SBC News Spelinspektionen backs Swedish Consumer Credit inquiry 

Sweden’s gambling inspectorate Spelinspektionen will support a special government inquiry examining consumer credit and concerns of public over-indebtedness.  Announced last week, the Swedish government has commissioned an inquiry seeking to provide “measures to reduce predatory lending and counteract over-indebtedness amongst consumers”. The Swedish government stated that it held concerns at the excessive promotion of credit services, providing facilities to take …

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Swedish addiction support charity calls for quick loans intervention 

SBC News Swedish addiction support charity calls for quick loans intervention 

Spelberoendegruppen, Sweden’s non-profit organisation providing gambling addiction support services, has urged the government to implement ‘wider safeguards’ to protect national consumers from further gambling risks.  The call was led by Spelberoendegruppen Chairman Omid Rezvani, speaking to public broadcaster Sveriges Television (SVT), in which he relayed the charity’s concerns with regards to ‘the marketing of online slots’ and that addicts could …

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May to June 2020 in Review: Political whiplash follows Covid storm

SBC News May to June 2020 in Review: Political whiplash follows Covid storm

Having navigated March and April’s COVID storms, the betting industry was served a political whiplash across European jurisdictions as the months of May and June saw governments order tighter customer controls across all gambling verticals.   SBC – European governments order tougher controls on gambling’s compliance duties Following direct orders from the government, the UK Gambling Commission (UKGC) imposed a series …

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BOS: Swedish market holds no balance on confronting the black market 

SBC News BOS: Swedish market holds no balance on confronting the black market 

Sweden’s Trade Association for Online Gambling (BOS) has branded the government’s proposals to extend temporary consumer restrictions on online casino wagering as illogical, with ministers devoid of the real-life consequences of their judgement. Sweden’s Riksdag has reviewed a raft of ‘Covid-19 protections’ proposed by the Ministry of Finance, which will see current weekly SEK 5,000 deposits limits and capped SEK …

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LeoVegas launches home campaign against the black market

SBC News LeoVegas launches home campaign against the black market

LeoVegas AB has launched a Swedish public awareness campaign promoting safe play with licensed online gambling incumbents.  The Stockholm-listed online gambling group said it has chosen to launch the campaign to defend the industry against common misconceptions and falsehoods. LeoVegas wants to drive awareness of licensed online gambling incumbents, after independent reports highlighted that the Swedish government has failed in …

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Spelinspektionen demands tightening of Sweden’s AML codes

SBC News Spelinspektionen demands tightening of Sweden's AML codes

Issuing a market update, Swedish gambling inspectorate Spelinspektionen detailed that it has requested specific amendments to be introduced to Riksdag (Swedish Parliament) approved measures and protections against money laundering. Spelinspektionen undertakes its parliamentary request, as it seeks to establish a new Swedish Treasury approved AML control system to monitor specific gambling transactions. On 1 January 2020, the Riksdag sanctioned new …

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