Sweden

sweden
26.01.2024Legal

Swedish Gambling Sector Faces New Challenges with Unlicensed Operators

Reports have emerged that Finshark, a financial services entity specializing in open banking payments, has been implicated in enabling such transactions, raising alarms within the regulated gambling community. Licensed Operators...
20.12.2023Legal

At the Crossroads: Sweden’s Critical Decisions in Gambling Legislation Reform

The Delicate Balance of Market Regulations Market regulations are designed to maintain a delicate equilibrium between protecting players and upholding the interests of operators. An excess in favor of operators...
20.12.2023Legal

Swedish Government Proposes Consumer Protection Enhancements in Gambling

Key Proposals for Enhanced Consumer Protection The bill proposes several significant changes to ensure safer gambling practices and enhanced consumer protection. One notable proposal is the requirement of written consent...
sweden
19.12.2023Legal

Casino Cosmopol Responds to Spelinspektionen’s Supervision and Implements Anti-Money Laundering Measures

While acknowledging the criticism, Casino Cosmopol has also noted that Spelinspektionen recognized the effectiveness of the improvement measures it has implemented. Addressing Anti-Money Laundering Efforts Spelinspektionen has issued a warning and...
18.12.2023Sport Betting

Anna Johnson Appointed as New CEO of Svenska Spel

The company's board has appointed Anna Johnson as the new CEO and Group President, with her tenure commencing no later than June 2024. She succeeds Patrik Hofbauer in this...

Spelinspektionen Engages Industry Associations in Combatting Illegal Gambling in Sweden

Collaborative Efforts to Tackle Illegal Gambling Camilla Rosenberg, the Director-General of Spelinspektionen, emphasized the availability of new tools for the authority to curb illegal gambling in Sweden. She acknowledged the potential...
sweden
07.12.2023Legal

Swedish Gaming Authority Weighs in on Proposed Gambling Tax Increase

This change, as announced in the Government's 2024 budget proposition, is expected to raise tax revenues by SEK 0.27 billion in 2024, and subsequently SEK 0.54 billion annually. Spelinspektionen's Perspective While...
30.11.2023Legal

Spelinspektionen Revises Guidelines on Drawings Outside of Gaming Systems

Following valuable feedback from several stakeholders, the proposal has undergone significant revisions. Spelinspektionen is now re-circulating this revised proposal for further consultation. Enhanced Oversight Requirements A notable change in the revised...
sweden
08.11.2023Finances

Swedish iGaming Industry Sees Slight Downturn in Q3 2023

Despite the overall drop, online commercial gambling and betting activities presented resilience with revenues maintaining close to the previous year's figures. Trends in Player Behavior The latest figures also indicated a...
06.11.2023Legal

Sweden Proposes Stringent Measures to Curb Risky Credit in Gambling

Expanding Credit Ban in Gambling Legislation A standout proposal involves broadening the scope of the credit ban stipulated in the Gambling Act (2018:1138). This extension would make it illegal for license...

Strengthening Consumer Protection in the Swedish Online Gambling Market

In this article, we will explore BOS's views on the proposed regulatory changes and their potential implications for the gambling industry. BOS's Position on Key Proposals BOS represents approximately twenty gambling...

Sweden Takes a Stand Against Match Fixing and Joining the Macolin Convention

The Threat of Match Fixing in Sports The world of sports has not been immune to criminal activities, with match-fixing emerging as a global concern. An alarming trend has emerged,...