Tag Archives: Lotteriinspektionen

Casino Cosmopol’s AML penalty lowered by Sweden’s Administrative Court

Sweden’s Administrative Court has confirmed that it will reduce a penalty issued to Casino Cosmopol in 2018 from SEK8m to SEK3m, however national gambling regulator Lotteriinspektionen could appeal against the ruling. The fine, issued in relation to systematic deficiencies in Casino Cosmopol’s policies related to money laundering and terrorist financing in November 2018, were found to have ‘serious and systematic’ …

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Spelinspektionen warns Swedish players of red lines on self exclusion

Sweden’s new gambling regulatory authority Spelinspektionen has issued a stern warning to new online incumbents, stating that licences will be withdrawn if self-exclusion standards/policies are not met. The Swedish regulator, which revamped its operational set-up in 2018, has stated that it will simply not tolerate operators’ disregarding Spelpaus.se ( translation – ‘game-break’) provisions, made mandatory under Sweden’s new online gambling …

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In the Whoorks! Betclic seeks 50 new Bordeaux recruits for 2019

Finalising its 2018 relocation projects/programs, French online bookmaker Betclic confirms that in 2019. The firm will relocate its headquarters to the newly built ‘Whoorks’ building in Bordeaux’s Bacalan area. Betclic will move all 200 Bordeaux employees working within its European headquarters to the new hi-tech and innovation built Whoorks building, designed and serviced by Groupe Legendre. The French bookmaker will occupy nearly half …

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Videoslots and SafeEnt take Swedish licence count to 18

SafeEnt

The licence count in Sweden has reached 18 after two more companies – Videoslots Ltd and SafeEnt Ltd, a subsidiary of Global Gaming, secured approval to service the market from 1 January 2019. On 3 and 4 December, Videoslots was granted a licence for online games, while SafeEnt secured a five-year licence for betting and online gaming through Ninja Casino …

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Home Advantage… Kindred pushes responsibility for its new Swedish profile

Kindred Group Plc, one of the first incumbents to secure a  ‘Swedish Gambling Licence’ issued by Lotteriinspektionen has reemphasized that its home market activity will be driven by social responsibility, sustainability and public trust. Approaching the 1 January 2019 launch date for the new Swedish online gambling marketplace, Kindred governance confirms that it will operate its following brands: unibet.se, mariacasino.se, …

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Lotteriinspektionen publishes first licences for re-regulated Swedish market

Swedish gambling regulator Lotteriinspektionen has this morning announced its first sixteen approved operators, which will be allowed to service Sweden’s re-regulated online gambling marketplace from 1 January 2019. As anticipated, established Stockholm-listed enterprises’ Kindred Group Plc, Betsson AB and LeoVegas AB feature on the Lotteriinspektionen approved list. In a statement released this morning, Kindred Group confirmed that it had secured approval …

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The Biggest Miss: Why Sweden must ease the margin-reducing burden on licensed operators

Licensed

Writing in the first part of The Biggest Miss, Ismail Vali recognised the significant regulatory shift overseen by Sweden’s Lotteriinspektionen, but identified a lack of clarity on player protection, self-exclusion, bonusing and ‘moderate’ marketing as part of the new regulations. A week on and Vali, a senior consultant for iGaming Leaders, is back to serve his final analysis of pre …

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The Biggest Miss: How Sweden might inadvertently create a black market for betting

SafeEnt

Ismail Vali, Senior Consultant for iGaming Leaders, delivers a two-part explanation about how operators in Sweden have been forced to act upon regulatory changes that are only vaguely specified but affect the day-to-day operational realities of running a sportsbook. The lack of clarity provided by the Lotteriinspektionen has led Vali, who authored the recent Bricks vs Clicks article and a …

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Lotteriinspektionen seeks to publish Swedish online gambling application forms on 10 July

Updating the market, Swedish gambling regulator Lotteriinspektionen has confirmed that it will publish its online gambling licence application forms on 10 July. The forms will be published on the regulator’s website as soon as the Swedish government settles on the final enactment of Gambling Ordinance, a mandate which has previously been published and notified to the European Commission. The Gambling …

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Swedish Parliament unanimous in approving new Gambling Bill

As anticipated Sweden’s Parliament has approved the mandate of the new Gambling Bill, which will revamp the nation’s gambling industry framework and introduce national legislation for online gambling services. Having been approved by all Swedish parliamentary committees, the Gambling Bill was forwarded for a final review and vote on Thursday 7 June. The Gambling Bill received a unanimous 93% (282 …

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