Sweden has recorded total gross gaming revenues (GGR) of SEK 6.89bn (€602m) during Q2 2024. The total GGR figure was revealed by the Gambling Inspectorate Spelinspektionen’s monitoring of gambling activities for Swedish licensed land-based and online businesses. Q2’s GGR of SEK 6.89bn (€602m) surpasses the SEK6.71bn (€586.8m) recorded in Q2 2023 and is 3.3% higher than Q1 2024’s revenue of …
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Swedish state-owned gambling operator AB Svenska Spel has been penalised by the country’s gambling regulator Spelinspektionen over licensing failures. After investigating a potential regulatory breach, the gambling authority found that Svenska Spel had a number of slot machine games in venues for which it did not have the necessary licences for. Following a request for comment, AB Svenska Spel revealed …
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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 …
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Sweden’s Gambling Authority, Spelinspektionen, has issued a ban against Small House B.V. and the supply of its products to its Swedish audience. According to the regulator, Curacao-licensed Small House has operated in the country through its bcgame.top website, despite not having the necessary certification. Evidence suggesting intent to target Swedish customers include the website’s option to pay with Swedish currency, as …
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The Swedish Gambling Authority, Spelinspektionen, has issued a ban for igaming provider Hitz Gaming OÜ over the supply of an unlicensed offering. According to the regulator, Estonia-registered Hitz Gaming was targeting Swedish consumers through a string of websites that do not have the required certification to be a gambling service in Sweden. A covert investigation by Spelinspektionen into one of …
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Swedish lottery provider Folkspel Ideell Förening has been fined by Spelinspektionen for breaching the national policies around child protections. The regulator found Folkspel to be in violation of the Swedish Gambling Act, resulting in a warning and subsequent penalty of SEK 500,000 (£37.3k) being issued. Folkspel has been a licence holder since 2020 when it was granted the needed certification …
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The Swedish Gambling Authority, Spelinspektionen, has launched a probe into online gaming provider Kanon Gaming Limited over record filing shortcomings. Investigative efforts will focus on assessing whether the company’s losses disclosure procedure falls in line with Sweden’s Gambling Act. Kanon Gaming Limited currently operates licensed websites casinoepic.se, casinogami.se, frejacasino.se, and lokecasino.se. There have also been reports of insufficient player protection …
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Svenska Spel will begin publishing new data revealing its revenues generated from customers with a low-risk gambling profile. The new leadership team, CEO Anna Johnson and Chairman Erik Strand, has pledged to sustainable reporting figures as a commitment from Sweden’s state-owned gambling firm. Reporting will start at the end of August, with Svenska Spel revealing its sustainable percentage revenues for …
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Spelinspektionen, Sweden’s Gambling Inspectorate, has banned four businesses for targeting Swedish consumers with illegal ‘skin’ gambling platforms. The inspectorate published a notice naming the businesses of Gamevio Ltd, Bigskin Trading Limited, Santeda International BV, and the website Samilland.co as infringing on Swedish gambling laws by providing ‘games without a necessary license’. The Inspectorate detailed that both Gamevio Ltd and Bigskin …
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Spelinspektionen, Sweden’s Gambling Inspectorate, has strengthened its commitment to global sports integrity by becoming an associate member of the United Lotteries for Integrity in Sports (ULIS). ULIS, formed by a syndicate of state lotteries, has built a network of members and stakeholders to protect sports from corruption, particularly the manipulation of sports competitions. Based in Lausanne, Switzerland, ULIS works with …
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