Tag Archives: Spelinspektionen

Swedish regulator releases strategy for tackling unlicensed gambling activity

SBC News 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

SBC News 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

SBC News 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

SBC News 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

SBC News 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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Spelinspektionen clears four of underage betting allegations

SBC News Spelinspektionen clears four of underage betting allegations

Swedish gambling regulator Spelinspektionen has ruled that four operators have been cleared following allegations that they had offered markets on sporting events which included a ‘majority of participants’ under the age of 18.  ATG, Betsson, Hillside Sports and Kindred Group-owned Spooniker all had cases cleared by Spelinspektionen after it was initially thought that the four operators had offered markets on the …

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David Clifton: Licensing Expert – Betfred penalty raises multi-market concerns

SBC News David Clifton: Licensing Expert – Betfred penalty raises multi-market concerns

The announcement by the UK Gambling Commission (UKGC) that Gibraltar-based Betfred.com is the most recent recipient of a hefty financial penalty for AML failings has served to raise once again the question why so many overseas-based remote operators have run into such problems with the UK regulator. In the Betfred case, it has not just been a case of concern …

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Svenska Spel’s Fredrik Wastenson reviews Swedish market re-regulation

Svenska Spel

Sweden’s online gambling industry has endured a turbulent period since legislation to re-regulate the market came into force at the beginning of 2019. We spoke to Fredrik Wastenson, CEO Svenska Spel Sport & Casino, for his take on events. Ahead of his appearance on the Nordics – Navigating Risky Waters in Uncertain Times panel at Betting on Sports 2019, the …

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SPER: Stronger guidance has helped Swedish players self-regulate on advertising

SBC News SPER: Stronger guidance has helped Swedish players self-regulate on advertising

Spelbranschens Riksorganisation (SPER), Sweden’s independent online gambling trade association, has published its first assessment of its marketing guidelines and code of conduct sanctioned last April to counter regulatory stakeholder concerns on industry advertising. Working in partnership with trade association counterpart BOS, SPER developed an action plan for its syndicated members, adhering to guidelines and standards on advertising. The sanctioned guidelines …

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Spelinspektionen warns payment providers of unlicensed operators

SBC News Spelinspektionen warns payment providers of unlicensed operators

Sweden’s Spelinspektionen has contacted a number of payment service providers issuing a warning them to not conduct business with unlicensed gambling operators.  The regulator emphasised that payment companies which work alongside unlicensed operators were violating the country’s Gaming Act. Spelinspektionen stated that working alongside such operators could result in unfair competition and a loss of tax revenues across the regulated …

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