Tag Archives: Sweden

Swedish market inquiry recommends toughest advertising and software controls

SBC News Swedish market inquiry recommends toughest advertising and software controls

The Swedish Government has published the recommendations of the ‘Gambling Market Inquiry’ (‘Spelmarknadsutredningen’) related to further regulatory requirements governing Sweden’s re-regulated marketplace. The inquiry had been originally commissioned by former civil affairs minister Ardalan Shekarabi in the summer of 2018, as a requisite to Sweden launching its online gambling marketplace at the start of 2019, after which an independent inspectorate …

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Winning Post – Swedish black market inquiry deserves a better factsheet

SBC News Winning Post - Swedish black market inquiry deserves a better factsheet

Closing November, the Swedish government announced the launch of ‘Larsson Inquiry’ to review Sweden’s online gambling’s safeguards against the growing threat of black market actors.    Though welcomed by all market stakeholders, Regulus Partners states that Swedish igaming incumbents must provide better arguments on market threats beyond economic constraints or a repeat of poor outcomes will simply follow the inquiry. …

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Swedish consumer affairs agency highlights operator deficiencies on terms and conditions

SBC News Swedish consumer affairs agency highlights operator deficiencies on terms and conditions

Konsumentverket, Sweden’s consumer affairs agency, has issued a warning to licensed online gambling operators of their duties in ‘providing balanced and fair conditions to consumers’.  The agency stated that it had found ‘numerous shortcomings’ having undertaken a review of terms and conditions across 13 operators picked at random.   The operators reviewed by Konsumentverket were AG Communications, Bayton, Blue Star Planet, …

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Unibet founder Anders Ström ends Kindred chairmanship

SBC News Unibet founder Anders Ström ends Kindred chairmanship

Kindred Group Plc has informed investors that company founder Anders Ström will not seek re-election as Non-Executive Chairman. Lauded as an industry figurehead, in 1997 Ström founded Unibet – Kindred’s original business enterprise – as a telephone betting service to take wagers for Swedish customers Ström issued the following personal statement on his decision not to pursue re-election: “Some years …

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Svenska Spel trials ‘coupon free’ paperless purchase as next retail innovation 

Svenska Spel trials ‘coupon free’ paperless purchase as next retail innovation 

Svenska Spel has partnered with Swedish convenience store operator Pressbyrån to launch its new pilot project testing the capacity of ‘coupon free’ national lottery ticket purchasing for Swedish retailers.  Across four Pressbyrån stores located in Stockholm, Jönköping, Östersund and Kalmar, Svenska Spel will test out its new ‘coupon free’ in-store functionalities allowing a paper-free customer to instantly select their national …

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Sarah Robertson, Kambi: Fine tuning can see lotteries & sports betting become dance partners

SBC News Sarah Robertson, Kambi: Fine tuning can see lotteries & sports betting become dance partners

Requiring a deeper commitment of technology and software services, lottery operators have often proved to be difficult partners for sportsbook suppliers. Having recently won the contract to overhaul Belgium’s Loterie Nationale sportsbook capacities, Kambi Group Senior Business Development Director Sarah Robertson spoke to SBC News about why the sportsbook technology supplier is treating lotteries as a critical growth segment. SBC: …

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Winning Post: Sweden shows why black and white never works

SBC News Winning Post: Sweden shows why black and white never works

Swedish operators have appealed for the government to reject a further six-month extension for the ‘temporary’ online casino restrictions. Regulus Partners observes a near-total collapse in reasoned debate and policy development between all market stakeholders. ___________________ The Swedish government has proposed a six-month extension of the temporary restrictions to online casino (SEK5,000 /€485 weekly deposit limit; mandatory time limits; initial …

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BOS: Swedish market holds no balance on confronting the black market 

SBC News BOS: Swedish market holds no balance on confronting the black market 

Sweden’s Trade Association for Online Gambling (BOS) has branded the government’s proposals to extend temporary consumer restrictions on online casino wagering as illogical, with ministers devoid of the real-life consequences of their judgement. Sweden’s Riksdag has reviewed a raft of ‘Covid-19 protections’ proposed by the Ministry of Finance, which will see current weekly SEK 5,000 deposits limits and capped SEK …

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Swedish government holds consultation on extending gaming restrictions

SBC News Swedish government holds consultation on extending gaming restrictions

The Swedish government has outlined new proposals to extend the current restrictions on the gaming industry until the end of June 2021, citing concerns over the coronavirus pandemic. The memorandum, which has been submitted for consultation until 23 November 2020, includes an extension to a series of ‘temporary measures’ introduced earlier this year such as a SEK 5,000 deposit limit …

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Diverse Kindred eyes record closing to 2020 trading 

SBC News Diverse Kindred eyes record closing to 2020 trading 

Kindred Group has declared that its ‘diverse long-term business model’ and ‘cost focus’ will help the company deliver on all 2020 objectives, navigating a year of unprecedented business challenges.  Publishing its Q3 trading statement (period ending 30 September), Kindred has recorded group revenues of £280 million, reflecting a 24% increase on Q3 2019’s corresponding £226 million. Driving performance, Kindred stated …

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