Tag Archives: Sweden

Sweden has grabbed international headlines becoming the outlier nation for its social policy in dealing with the Coronavirus pandemic. Industry strategic consultancy Regulus Partners details that it should not pursue the same status for its online gambling policies.   Sweden: online regulation – cutting off one’s nose… Before Sweden domestically regulated in January 2019, its proposed licensing regime was supposed …

The Chief Executives of Sweden’s leading online gambling businesses have written to the government urging for the suspension of temporary deposit restrictions sanctioned by the Ministry of Health & Social Affairs. A letter co-signed by Pontus Lindwall (Betsson), Henrik Tjärnström (Kindred Group), Gustaf Hagman (LeoVegas), Therese Hillman (NetEnt AB) and Ulrik Bengtsson (William Hill Plc / Mr Green) – urged …

Betsson AB has reported a strong opening to 2020 trading, as the company moves to significantly expand its B2C portfolio and sportsbook capacities. Publishing its Q1 2020 trading update for the three month period ending 31 March, Betsson recorded group revenues of SEK 1,417m (€130m) – up 7% on corresponding Q1 2019’s SEK 1,333m. Betsson attributed growth during the period …

Responding to licensee queries, Swedish gambling inspectorate Spelinspektionen has issued new guidance for virtual sports content and simulated events, in the absence of a traditional sports programme.   Spelinspektionen clarified that Swedish sportsbooks require no further licensing arrangement to offer virtual sports content to customers. The regulatory authority underlined that all virtual sports content serviced by bookmakers must be provided by …

Publishing its full-year 2019 results, Stockholm-listed online gambling group Betsson AB details that it has achieved its strategic goals in a year of tough industry challenges and corporate adjustments. Tougher operating conditions within its Nordic home markets and the Netherlands see Betsson record a 5% decrease in group revenues to SEK 5,173m / €493m (FY2018: SEK 5,419m). Lower group revenues …

Stockholm-listed Global Gaming AB has had its latest attempt to revive its flagship Ninja Casino property within Sweden rejected by gambling inspectorate Spelinspektionen. Spelinspektionen governance is reported to have blocked the transfer of Ninja Casino’s SE domain to Global Gaming marketing partner Viral Interactive. A marketing services provider, Viral Interactive had applied to secure the Ninjacasino.se domain under the management …