Tag Archives: Sweden

Winning Post: Industry heading towards more Euro uncertainties

Industry strategic consultancy Regulus Partners reflects on another week of UK and European setbacks for gambling incumbents. Despite broader regulatory frameworks in-place, political relationships appear more complicated than ever before… ___________ Sweden: online regulation – losing the war… Most online gambling operators that comment on their regulatory strategy or policy tend to state that they favour growing domestically regulated markets …

Read More »

Svenska Spel terminates all online casino advertising

Issuing a personal statement, Patrik Hofbauer – Chief Executive of Swedish state-owned gambling operator Svenska Spel – has confirmed that from April 2019, Svenska Spel will terminate all forms of online casino advertising. Updating stakeholders, Hofbauer detailed that the decision to ‘stop online casino advertising across all media channels’ has been undertaken by Svenska Spel’s executive team following ‘intensive internal discussions’. The …

Read More »

30,000 register with Swedish Spelpaus.se self-exclusion initiative

SafeEnt

Over 30,000 people have registered with the Swedish self-exclusion register, Spelpaus.se, as reported by the country’s national gambling regulator Spelinspektionen. Gambling operators within Sweden are obliged to integrate the Spelpaus.se service as part of their licence conditions, with those who fail to do so facing penalties and potentially having their licence revoked. Having been rolled out on 1 January, coinciding …

Read More »

Sweden’s Spelinspektionen proposes tougher advertising regulations

Swedish regulator Spelinspektionen has proposed new plans to restrict excessive gambling advertising, while also focusing on the formalisation of a cooperation deal with the country’s Konsumentverket consumer agency. The new plans will split responsibilities between the two bodies, as well as formalise the forms of information exchange and consultation. The regulator has not specified just how much advertising is considered …

Read More »

Spelinspektionen warns Swedish operators to respect bonus offer rules

Swedish gambling regulator Spelinspektionen has issued another warning to its licensees, but this time, regarding the controls surrounding its bonus offers to customers. The regulator set out rules which state that operators within Sweden are only permitted to offer players a bonus during the first time they play on their site. However, in a letter sent to all licensees, Spelinspektionen …

Read More »

Winning Post – Are gambling operations taking the Michael?

An unusually quiet news week for the betting sector has allowed strategic consultancy  Regulus Partners to reach for its history books, detailing that under-siege incumbents can gain applicable learnings helping their operations overcome present regulatory complexities. _______________ General Ludendorff was one of the greatest practitioners of the operational art of war in modern times. He also did more than anyone else …

Read More »

BetConstruct secures ADM approval for Italian market

BetConstruct - Law and justice in Italy concept with a 3d rendering of a gavel on a wooden desktop and the Italian flag on background.

BetConstruct has made the latest licensing list for the Agenzia Dogane Monopoli (ADM) – the agency responsible for both the collection of taxes and the protection of citizens’ rights through gambling licensing and regulation in Italy. Trading as Vivaro Limited, the Online Gaming Licence will enable BetConstruct to deliver online sports betting, horserace betting, casino games and poker, as well …

Read More »

Pontus Lindwall: Robust Betsson will meet industry’s multiple 2019 challenges

Publishing its Q4 and full-year 2018 results, the governance of Stockholm-listed online gambling group Betsson AB, has detailed a successful year-1 integration and execution of its corporate recovery programme. Product and operational efficiencies see Betsson post its ‘third successive all-time-high’ quarter, recording corporate Q4 2018 revenues MSEK 1,436.6 (Q4 2017: 1,256.4), running alongside a 56% EBIT increase to MSEK 341.5 …

Read More »

Unibet SE launches 30/30 Fund with NHL Star Henrik Lundqvist

Kindred Group’s flagship Unibet sportsbook brand has announced the launch of its ‘30/30 Fund’ aiming to improve all-around Swedish amateur sports development structures and athlete facilities. The 30/30 Fund is launched with Unibet announcing NHL New York Rangers goalkeeper Henrik Lundqvist as new ‘Brand Ambassador’ promoting Unibet sports, public and health initiatives. Seeking to raise public awareness of the 30/30 …

Read More »

GiG hits 2018 guidance despite difficult year-end landing

Publishing its final trading statement as an Oslo Bors listed enterprise, Gaming Innovation Group (GiG) details that it has fulfilled on expectations set-out in its 2018 corporate guidance, despite facing a turbulent Q4 2018 closing period. Updating investors, GiG informs that during Q4 2018 trading the company would move to write-down four of its ‘in-house brands’ restructuring its B2C division. …

Read More »