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 …
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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 …
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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 …
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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 …
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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 …
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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. …
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The end of a long and ultimately successful road towards gambling market liberalisation in Sweden has put one of its own – Stockholm-listed LeoVegas AB – on target to break the 50 per cent barrier for revenues derived from regulated markets. ________________ LeoVegas has told SBC Magazine that it expects to derive more than 50 per cent of its revenues …
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MRG Group European online gambling subsidiary Mr Green has stated its intent on accelerating its Swedish market position by integrating the popular SWISH payment service. Launched in 2012 by the Central Bank of Sweden, SWISH is currently the nation’s most popular mobile payment service with a reported 6.7million active users and 180,000 connected businesses. As the merchant has grown in …
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SG Digital, the interactive gaming division of Nasdaq-listed Scientific Games Corporation (SGC), has significantly expanded its profile within the re-regulated Swedish online gambling marketplace after agreeing to a new exclusive partnership with state-owned operator Svenska Spel. SG Digital has become the lead online platform provider for Svenska Spel casino and bingo verticals. Furthermore, Svenska Spel digital offering will be enhanced …
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Max Meltzer Chief Commercial Officer (CCO) of leading sports betting technology firm Kambi Group Plc, details his firm’s comprehensive partnership with Swedish legacy racing operator ATG. A key stakeholder in the delivery of new ATG systems and platforms, Meltzer details to SBC the complexities of servicing Swedish betting’s legacy incumbent, as it faces sweeping changes within its home market… _______________ …
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