Tag Archives: Spelinspektionen

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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Sweden’s BOS criticises regulator’s proposals to combat match fixing

Sweden’s online gambling trade association Branschföreningen för Onlinespel (BOS) has criticised the regulator’s proposals to prohibit operators from offering certain markets on individual performance. Yesterday, Spelinspektionen revealed that it had drafted proposals, currently awaiting review, which would mean that betting operators must not offer betting markets on ‘a rule violation or loss in parts’. For example, an operator would not …

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Spelinspektionen submits new proposals to tackle match fixing

The Swedish gambling authority Spelinspektionen has revealed a new draft regulation which could prohibit operators from offering certain markets on individual performance. The legislation is currently awaiting review, however it could mean that betting operators must not offer betting markets on ‘a rule violation or loss in parts.’ For example, it is not allowed to offer bets on whether a …

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Global Gaming granted licence review permit following Swedish appeal

Online gambling operator Global Gaming will be able to appeal a decision made by Spelinspektionen last year which saw the revocation of its SafeEnt licence. As confirmed in a statement on its website, the Administrative Court of Appeal in Jönköping will grant a review permit, looking into whether the Swedish Gambling Authority’s decision to revoke the licence in June 2019 …

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Inbound Swedish reforms to toughen advertising and online casino requirements

Ardalan Shekarabi, Sweden’s Minister of Social Security, has told national media that the government is ready to publish ‘stage two’ of its regulatory approach on gambling, focusing on enforcing tougher advertising and marketing restrictions upon licensed incumbents. Recognised as one of the highest-profile MPs within the governing Socialdemokraterna (social democrats) party, Shekarabi is the former Minister of Civil Affairs, who …

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Swedish regulator releases strategy for tackling unlicensed gambling activity

Spelinspektionen has planned to ramp up its efforts in clamp down illegal operators in Sweden as detailed in its strategy for tackling unlicensed gambling activity. The regulator has committed to prioritising measures which will ensure gambling in Sweden is channelled towards the regulated market. “There is no simple solution or any tool that can directly exclude these illegal gaming operators …

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Swedish regulator launches regulatory awareness campaign

The Swedish Gambling Authority (Spelinspektionen) has launched a new two-week nationwide campaign which will raise awareness of the country’s gambling regulations. The campaign will begin in late December and will last until early January, with ads to feature outdoors, on locations such as billboards, print media and on digital channels. Anders Sims, communications manager at Spelinspektionen, commented: “By telling people …

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Soft2Bet gets green light to enter Swedish market

Sportsbook operator group Soft2Bet has been given the green light to launch its Campobet and YoYo casino brands in Sweden after receiving the necessary approval from the Swedish Gaming Authority.  The launch follows a number of ‘successful’ inspections and audits, which have ensured that both platforms are in line with the Swedish gaming regulations. The two platforms have since been …

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UKGC signs memorandum of understanding with Spelinspektionen

The UK Gambling Commission (UKGC) has signed a memorandum of understanding (MoU) with its Swedish counterpart, Spelinspektionen. The new agreement is hoped to strengthen the collaboration between the two regulators, having come into effect on 11 November 2019. Under the terms of the partnership, the duo will collaborate in sharing best practice on areas such as regulatory policies and procedures. …

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Ninja collapse sees Global Gaming move to redefine business

Publishing its Q3 trading statement, Embattled Global Gaming AB records period operating losses of SEK 40 million (€3.7m), as the Stockholm-listed enterprise continues to suffer from the consequences of its home licence revoke by regulator Spelinspektionen. Recording declines across all core metrics, Global Gaming sees its Q3 corporate revenues fall by 78% to SEK 60 million (Q32018: SEK253m), as year-to-date …

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