Tag Archives: Sweden

Svenska Spel reiterates community focus following turbulent year

Kambi, Air Dice, Sweden

Svenska Spel has strengthened its dedication to safer gambling, expanded its gambling harm research, and made strides towards a more inclusive sports market.  These were the highlights of the state-owned operator’s fourth edition of its ‘Our Game Plan’ report, revealing the end result of its work towards sustainability and community initiatives throughout 2024.  In terms of contributing to the development …

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ATG ends coverage of Australian harness races over Whip concerns

SBC News ATG ends coverage of Australian harness races over Whip concerns

Aktiebolaget Trav och Galopp (ATG), the totaliser board of Swedish horseracing, has suspended its broadcast and betting offer on Australian harness races. ATG’s board made this decision due to disputes over the use of whips in Australian harness races, which was communicated to Swedish media. ATG has offered betting markets on Australian harness races since 2015, but it has paused …

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Swedish audit deems Spelinspektionen ‘less effective than desirable’

Sweden

Riksrevisionen, the National Audit Office of Sweden, has concluded that Gambling Inspectorate Spelinspektionen lacks a ‘sufficient level of efficiency’ on the risk analysis and supervision of Swedish Gambling.  The determination of the Inspectorate’s shortcomings are made due to the changes of the gambling market since 2019, the year in which the Riksdag relaunched Swedish gambling under the laws of the …

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Abios grows esoccer offering in Sweden with Svenska Spel

SBC News Abios grows esoccer offering in Sweden with Svenska Spel

Esports data and odds provider Abios has entered a partnership with Svenska Spel to supply its full esoccer offering.  Svenska Spel is a major market leader in Sweden, providing customers in the local regulated market with an extensive choice of online sportsbook and casino products.  As part of the deal, Kambi-owned Abios will give the Swedish operator full access to …

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FDJ Champ Status dragged by Euro Tax exposure

SBC News FDJ Champ Status dragged by Euro Tax exposure

With Française des Jeux (FDJ) completing its €2.5bn acquisition of Kindred Group, the French lottery giant is setting out on its road to become a “pan-European online gambling champion”. But the mood music surrounding the industry has shifted markedly since it first announced its bid for Unibet’s parent company in January 2024, with the situation complicated by the fact that …

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Inspectorate’s new metrics set Swedish gambling channelisation at 86%

SBC News Inspectorate's new metrics set Swedish gambling channelisation at 86%

Spelinspektionen, Sweden’s Gambling Inspectorate, has revised the methodology for calculating the channelisation rate of Sweden’s online gambling marketplace. Deemed the key measure of the regulatory balance in Sweden’s online gambling market, the channelisation rate represents the percentage of wagering volume accounted for by licensed operators. Sanctioned as a regulatory assignment in 2023, the Inspectorate was commissioned by the government to …

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Betway exits Sweden as Super Group eyes movements in fresh markets

SBC News Betway exits Sweden as Super Group eyes movements in fresh markets

Betway will end its presence in Sweden’s online gambling marketplace on 1 October. This week, Betway, the flagship sportsbook brand of Super Group, informed Swedish customers and media partners of its impending exit. Swedish customers have been advised to withdraw funds and close their accounts by 29 September, as Betway seeks to end its Swedish licence on 30 September. The …

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Sweden nets peak online gambling GGR ahead of compliance changes

SBC News Sweden nets peak online gambling GGR ahead of compliance changes

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 Inspectorate gains direct control of customer care Action Plans

SBC News Swedish Inspectorate gains direct control of customer care Action Plans

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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Svenska Spel achieves 93% income from non-risk customers

SBC News Svenska Spel achieves 93% income from non-risk customers

Svenska Spel states that it has generated 93.2% of its corporate income from ‘healthy revenues’ during Q2 trading. Sweden’s state-owned gambling group continues to publish its ‘transparent safer gambling metrics’, alongside Kindred Group and ATG, as part of a pledge maintained by ‘Sweden’s three largest gambling firms.’ Q2 trading saw Svenska Spel generate net gaming revenues of SEK 1.87bn (€166m), …

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