Tag Archives: Sweden

Kambi has announced it is close to finalising a deal with Swedish horse racing operator AB Trav och Galopp (ATG) for the provision of its premium sports betting services. As part of the newly formed partnership, ATG will enhance its offering with the integration of Kambi’s renowned sportsbook product. The group has outlined that internal product testing will commence  imminently. …

Sweden’s Cultural Affairs Committee has detailed its support for the legislation to revamp the national gambling framework, introducing the new ‘Swedish Gambling Act’ replacing the 1994 Lottery Act and the Casino Act of 1999. The committee has recommended no changes to the legislation, which will now be forwarded for a final debate and voting by Parliament set for Thursday 7 …

Better Collective has outlined that as part of its initial public offering (IPO), by 8 June it plans to have released shares onto the Nasdaq Stockholm stock exchange. The offering is going to be made to the public in Sweden and to institutional investors in Sweden and abroad.  Publishing its prospectus, the group detailed the price range for the company’s listing …

LeoVegas will resume sponsorship of the Swedish Open in Båstad, after the success of last year’s strategic effort to profile its fast-growing live tennis offering. Live betting on tennis, especially through mobile devices, is one of the fastest growing turnover markets for LeoVegas, who has combined the opportunity for all punters to bet on every point with live-streaming for ATP …

This week’s 6 of the Best gives the readers on SBC News an insight into the life of Mattias Eriksson, the newly appointed Chief Product Officer at Kambi. Keep reading to find out more about Eriksson, formerly Director of Business Development and Innovation at Svenska Spel, including which album changed his “exploration of music”, and what book he describes as lifelike …

Stockholm-listed online gambling firm, Kindred Group Plc has reported a strong opening to 2018, as the multi-brand/ multi-market operator continues to benefit from its expansion strategy, supported by further ‘organic growth’. Publishing its unaudited Q1 2018 results (period ending 31 March), Kindred records a 36% group revenue uplift to £207 million (Q1 2017: £153 million). The positive revenue momentum, sees Kindred …

Sweden’s national gambling regulator Lotteriinspektionen has confirmed that it has secured an additional SEK 19 million (€1.8 million) in operating budget to expand its resources ahead of Sweden opening its newly licensed market on 1 January 2019. The update sees Lotteriinspektionen total year budget increased 37% to SEK 70 million (€6.7 million). This April the Swedish government, published its revamped …

Stockholm-listed Kindred Group Plc has detailed its concerns related to Svenska Spel’s potential influence on the future dynamics of a newly regulated Swedish gambling market. Last week the Swedish government published the updated provisions for its long-awaited revamped national gambling framework. In its update the Swedish government will split the gambling sector into three business compartments; Open/Competitive – For new licensed …

As anticipated the Swedish government has published its long-awaited revamped national gambling policy, in which it will open a new licensing window for online gambling/betting operators. Re-regulating the market, Swedish policymakers have placed a significant emphasis on consumer protections, industry responsibility, monitoring of betting enterprises combined with an all-around improvement in standards. The revamped framework, sees the Swedish government split …