The Swedish betting and gaming market’s growth continued in 2021 despite temporary gambling restrictions imposed by the government, according to the latest figures from Spelinspektionen. Publishing trading results for the Swedish market for the full year and final quarter, the Swedish Gambling Inspectorate revealed that total revenue across all verticals stood at SEK 26 billion (£2.04bn) at the close of …
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Finansdepartementet – Sweden’s Ministry of Finance has submitted proposals to increase licence fee renewal duties, alongside a further demand for B2B licence requirements to be adopted as a market obligation. A memorandum with proposals has been submitted for consultation until 9 May, and, if adopted to enter into force, a new licensing arrangement would be applicable from 1 March 2023. …
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The betting and gaming market in Sweden has continued to grow in 2021, in terms of total sales and consumer numbers, according to the Swedish Gambling Inspectorate, Spelinspektionen. Publishing its full year report for 2021, Spelinspektionen reported that total Swedish gambling sales – meaning stakes minus winnings paid out – for the entirety of the country’s gambling market amounted to …
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Sweden’s Supreme Administrative Court, the nation’s highest-ranking court of appeal for legal challenges has notified gambling inspectorate Spelinspektionen and online operator Genesis Global that it will determine their penalty fee dispute. In March 2019, three months following the launch of Sweden’s newly regulated online gambling marketplace, Genesis was fined SEK 4 million (€360,000) for failure to integrate its white-label brands …
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Spelbranschens Riksorganisation (SPER) – Sweden’s Gaming Association has named Maria Wennerberg Sedigh as its new chief executive – who will take leadership of the trade body as of 30 March. Sedigh will replace CEO incumbent Jenny Nilzon, who has chosen to end her five-year tenure as leader of SPER in order to carry forward her career outside of the online …
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The Swedish Gaming Inspectorate, Spelinspektionen, has announced a new nationwide campaign aimed at discouraging the use of unlicensed operators, billed as ‘Games need rules’. As part of the campaign, the Inspectorate will release a series of films across social media centred around the ‘games need rules’ theme, whilst also asserting that ‘it can be problematic to play with companies without …
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Spelinspektionen, the Swedish Gambling Inspectorate, has detailed plans to update its Spelapus.se self-exclusion website, with the aim of making it more ‘user-friendly’. The authority has assured licensed betting firms that the new site, expected to launch in May of this year, will not introduce any ‘major adjustments’ to their operations. According to the Inspectorate, licensees will continue to check against …
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The Swedish government’s plans to re-impose temporary restrictions on online casino in the country on 7 February have been scrapped, prompting relief from the betting sector. Planned restrictions would last until the end of June, and include all temporary measures introduced last year due to the COVID-19 pandemic, including an SEK 4,000 deposit limit – initially SEK 5,000 before being …
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United Lottery Solutions’ (ULS) claim against a Spelinspektionen, Swedish Gambling Inspectorate, fine has been rejected by the country’s Court of Appeal. The SEK 700,000 (€67,104) penalty was imposed in 2019 after ULS breached laws relating to betting on lottery games, with the Inspectorate maintaining that the Lottoland subsidiary’s actions were not covered by its gaming licence. Spelinspektionen asserted that the …
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Two appeals to the Swedish Administrative Court launched by NGG Nordic and SkillOnNet have been rejected, with penalties imposed on the operators for violations of the country’s bonus ban upheld. Issuing an update this morning, the Spelinspektionen, the Swedish Gambling Inspectorate, revealed that although upholding the sanctions the Administrative Court had made some minor changes to the Inspectorate’s decisions. Notably, …
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