Playnetic Expands into Sweden with New Gambling License Approval
Playnetic has announced that it has been granted a Swedish license following regulatory approval from the Swedish Gambling Authority, Spelinspektionen.
This significant milestone allows Playnetic to launch its catalogue of innovative iGaming titles in Sweden, enabling the company to finalize partnerships with prominent operators across the country.
A Major Milestone for Playnetic
This regulatory approval marks a major step forward in supporting Playnetic’s ambitious growth plans. The company aims to increase its foothold in other European markets and continue expanding in regulated markets across the globe. The Swedish license is a testament to Playnetic’s commitment to compliance and its strategic vision for growth.
CEO Dan Phillips on the Achievement
Dan Phillips, Playnetic CEO, expressed his excitement about the approval: “Since launching in early 2023, Playnetic has been exploring expansion opportunities in Europe to penetrate new markets and we are thrilled with achieving this milestone. Thanks to our experienced compliance team, we were able to obtain this licence promptly, which is a huge positive as the market entry lines up perfectly with our regulatory roadmap for 2024. We are looking forward to launching our innovative suite of games which feature captivating themes and mechanics to players and operators in Sweden.”
Innovative iGaming Titles to Enter Swedish Market
With the Swedish license secured, Playnetic is set to introduce its innovative iGaming titles to the Swedish market. The company’s game catalogue includes a variety of themes and mechanics designed to captivate players and enhance the gaming experience. This entry into the Swedish market is expected to boost Playnetic’s visibility and solidify its position as a key player in the European iGaming industry.
Strategic Growth in Regulated Markets
The approval from Spelinspektionen is part of Playnetic’s broader strategy to establish a strong presence in regulated markets worldwide. By securing licenses in key regions, Playnetic aims to build trust with operators and players, ensuring compliance and delivering high-quality gaming experiences.
