Tag Archives: Svenska Spel

Christian Democrats back overhaul of Sweden’s restaurant casino sector

Sweden’s Christian Democrat (KD) Party has outlined its intentions to overhaul the rules and standards that govern Sweden’s restaurant casino sector.  KD Minister Roland Utbullt has written an opinion piece on Altinget.se stating that Swedish gambling has a ‘glaring gap in its civic protections’ as restaurant casinos are exempt from duty-of-care rules. Utbullt stated that it was unfathomable that Sweden’s …

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Swedish government submits Gambling Act integrity amendments for EC revision 

Finansdepartementet – Sweden’s Ministry of Finance has notified the European Commission (EC) of its proposed changes to the 2018 Gambling Act.  The amendments follow the conclusion of ‘Spelmarknadsutredningen’ an independent inquiry of Sweden’s re-regulated gambling marketplace in 2020, undertaken by  Social Democrat MP Anna-Lena Sörenson.  Swedish authorities and national stakeholders responded to year-1 developments of the gambling market under Gambling …

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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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Veikkaus expands operational scope with launch of Fennica Gaming B2B subsidiary

Veikkaus Oy’s international B2B division Fennica Gaming has officially launched, as the company progresses with its expansion plans enabled under Finnish legislation. The Finnish state-backed betting monopoly’s new division will provide game services and products internationally to corporate customers across betting and gaming.  Fellow Scandinavian state monopolies Norsk Tipping (Norway) and Svenska Spel (Sweden) have become the first businesses to …

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Svenska Spel encounters 2022 hurdles as Q1 NGR declines 3%

Swedish gambling company Svenska Spel has reported a ‘challenging start’ to 2022 in that both revenue and earnings have been affected by pandemic impacts and regulatory developments  during the first half of Q1.  However, as set out in its interim report for January – March 2022, the state-owned group’s focus on gaming liability measures seem to have had a more …

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Svenska Spel Movement Fund backs Swedish street football projects

Svenska Spel, the operator of the Swedish national lottery, has allocated funds to organise street football projects across the country. As part of a Swedish Football Association (SvFF) initiative to improve the levels of training and competitions, Svenska Spel is committing SEK3m via its Movement Fund to help communities provide street football activities. The SvFF is focusing on street football in order …

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Data scientist Axel Lyckberg wins Swedish Gambling’s Leader of the Year award

Playscan CTO and Svenska Spel data scientist Axel Lyckberg has been named Swedish online gambling’s leader of the year by trade bodies Spelbranschens, Riksorganisation (SPER) and Branschföreningen för Onlinespel (BOS).  On Wednesday 30 March SPER and BOS announced the winners of the 2022 Swedish Gambling Awards – which recognise and reward the companies and leaders placing sustainable play and corporate …

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Swedish Inspectorate backs loss limits as future bulwark against problem gambling

The introduction of loss limits and restrictions on bonus offers across all betting verticals would be a preferable option “in case of future crisis”, according to the Swedish Gambling Inspectorate, Spelinspektionen. Publishing its interim report into the impacts of temporary limitations on online betting and gaming during the COVID-19 pandemic, the Inspectorate acknowledged both strengths and weaknesses in the provision …

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Swedish 2021 gambling revenues hit SEK 26bn but sports betting declines

The Swedish betting and gaming market’s growth continued in 2021 despite temporary gambling restrictions imposed by the government, according to the latest figures from Spelinspektionen. Publishing trading results for the Swedish market for the full year and final quarter, the Swedish Gambling Inspectorate revealed that total revenue across all verticals stood at SEK 26 billion (£2.04bn) at the close of …

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Svenska Spel backs Swedish Cycling’s ‘Citizens in Motion’ project

Cykelförbundets – Sweden’s Cycling Federation has announced Svenska Spel as the principal sponsor of its “Project Ledstjärna – citizens in motion” social initiative. The project will see Svenska Spel fund and collaborate Cykelförbundets social directive to make cycling as accessible as possible to the Swedish public and local communities. A campaign for Project Ledstjärna (translation:’ GuideStar) has been  fronted by …

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