Tag Archives: Sweden

The board of Catena Media Plc has resolved the terms of its share buyback programme on the Nasdaq Stockholm, a transaction that was originally disclosed to investors on 23 May 2022.  The programme was launched by Catena governance as it is in the company’s interest to “reduce share capital through subsequent cancellation of repurchased shares”. Investors were notified that Catena …

Svenska Spel’s future as a Swedish state-owned enterprise must be settled in 2023, according to Branschföreningen för Onlinespel (BOS), Sweden’s online gambling trade association.  BOS Secretary General, Gustaf Hoffstedt, issued the demand by writing an op-ed on Dagens Nyheter, Sweden’s largest newspaper. Hoffstedt maintains BOS stance that Svenska Spel holds no remit to participate in commercial gambling (sports betting and online casino).  The trade body …

Kindred Group has maintained its standing as one of Sweden’s top employers, recognised by independent employment organisation Karriärföretagen.   For a second consecutive year, Karriärföretagen named Kindred as one of Sweden’s best ‘Careers Companies’, an accolade granted following a rigorous evaluation process undertaken by a panel of HR experts.  Of distinction, judges praised Kindred’s “unique career and development opportunities for graduate …

Spelinspektionen, Sweden’s Gambling Inspectorate, will host a meeting on 7 December to inform operators, technology suppliers and relevant stakeholders about the requirements of a new B2B software licensing scheme. The regulatory reform, which was endorsed by the Ministry of Finance (Finansdepartementet), recommended that a new B2B licensing framework should be added as a new requirement of the Swedish Gambling Act. …

Kindred Group has been recognised amongst the best ‘Career Companies’ in its home market of Sweden by employment agency Karriärföretagen.  The accolade follows responses to Karriärföretagen’s ‘2022 Career Opportunities Survey’, which commended Kindred for its unique talent development capabilities and career progression opportunities available to employees. Established in 2011, Karriärföretagen’s survey tracks career development opportunities and work-related corporate directives across …

Svenska Spel has reaffirmed its commitment to young athletes in Sweden after it announced its Elite Sports Scholarship programme for 2022/23. Providing support for those athletes who combine elite sport with their studies, Svenska Spel has announced that 50 competitors will join the scholarship programme for the coming year. Recipients of the scholarship receive SEK 50,000 (£4,020) as well as ‘active support’ from the Elite Sports Support …

Spelinspektionen – Sweden’s national gambling regulator – has notified that the Spelpaus self-exclusion programme has surpassed 80,000 registrations.  Spelpaus was initiated in January 2019 to coincide with the re-launch of Sweden’s online gambling marketplace, ensuring that licensed operators provide self-exclusion to at-risk and vulnerable consumers. Swedish online gambling operators are required to connect their databases with Spelpaus programme which ensures …

The Swedish regulator is working towards introducing a B2B licensing system from March 1, 2023, despite current legislative steps still having to be made regarding the process. Earlier this year, the country’s government submitted a number of proposals, which included B2B licensing, however, this has yet to be fully passed into law. The Spelinspektionen acknowledged that the requirement for a gaming software licence is …

Sweden’s General Election concluded on Wednesday afternoon, as a coalition led by the Swedish Democrat Party (SD), secured a historic victory.  The outcome took three days to declare, as the General Election that took place on Sunday 11 October last year had registered a near 50/50 split on initial exit poll ballots. On Wednesday, conclusive results were announced as the …

Centralförbundet för Alkohol-och Narkotikaupplysning (CAN), Sweden’s central agency monitoring addiction behaviours, has warned of a higher risk of prevalence in teenagers being drawn to gambling.  The caution follows a study undertaken by CAN researchers that surveyed 24,000 students attending Gymnasium –  Sweden’s upper secondary school system. The state-operated Gymnasium system is open to Swedish children aged 16 years to prepare …