Tag Archives: Spelinspektionen

LeoVegas AB has launched an appeal against the SEK 2 million penalty (€200,000) issued by Swedish gambling inspectorate Spelinspektionen related to “shortcomings in the work against money laundering and terrorist financing”. Spelinspektionen communicated that LeoVegas had failed to comply in ensuring the risk-based AML safeguards of Sweden’s ‘Money Laundering Act’.  The penalty notice specified that LeoVegas had failed to ‘risk …

The Spelinspektionen, the Swedish Gambling Inspectorate, has accepted some proposals for further regulation of the country’s industry, but maintains objections to others. Notable recommendations made by the Swedish government’s ‘Gambling Market Inquiry’ in December 2020 included a tightening of advertisement regulations, including a call for a prohibition of advertising of casino games between 06:00 and 21:00. Coordinated by Social Democrat …

Spelinspektionen has handed ‘Hillside Sports’ , the registered company of bet365 Sweden, a SEK 1 million (€95,00) penalty for taking bets on an under-18s football match. The sanction was issued in relation to a Sodra Västergötlands Fotbollförbund (Swedish southern district League) training match between Kronängs IF vs Mariedals IK which was played on 28 March 2020. Reviewing matchday line-ups, Spelinspektionen …

Svenska Spel has introduced a new sales commission model for its Swedish lottery and gaming agents, as it aims to keep its ‘retail products competitive’ amid changes to the country’s wider gambling marketplace. The new model marks the first commission change for Svenska Spel retail agents in the state-owned operator’s 30-year history serving as Sweden’s monopoly for gambling services.   2019 …

The Swedish Government has published the recommendations of the ‘Gambling Market Inquiry’ (‘Spelmarknadsutredningen’) related to further regulatory requirements governing Sweden’s re-regulated marketplace. The inquiry had been originally commissioned by former civil affairs minister Ardalan Shekarabi in the summer of 2018, as a requisite to Sweden launching its online gambling marketplace at the start of 2019, after which an independent inspectorate …

Closing November, the Swedish government announced the launch of ‘Larsson Inquiry’ to review Sweden’s online gambling’s safeguards against the growing threat of black market actors.    Though welcomed by all market stakeholders, Regulus Partners states that Swedish igaming incumbents must provide better arguments on market threats beyond economic constraints or a repeat of poor outcomes will simply follow the inquiry. …

Sweden’s Ministry of Finance has confirmed that Gunnar Larsson, Director General of the Swedish Chamber of Commerce, will lead an inquiry to safeguard Sweden’s regulated online gambling marketplace against black-market threats.    The appointment of Larsson was officially announced by Swedish Social Affairs Minister Ardalan Shekarabi, the lead advocate of recent ‘temporary player restrictions and controls’ that have ruptured Sweden’s online …