Tag Archives: Sweden

Spotlight on Sweden – Ministry of Finance undertakes gambling framework review

Facing mounting pressure from the European Union to reform its national gambling framework, and adhere to EU business and competition policies, Sweden’s Ministry of Finance has responded by stating that it will undertake a full review of its policy on the matter. Detailing its plans, the ministry stated that it needed to update its policies in order to monitor an …

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Minister Shekarabi considers revamp of Sweden’s gambling framework

Ardaland Shekarabi Sweden’s Minister of Public Administration is said to be considering leading the introduction of new national gambling framework, which will include provisions for regulating online gambling and sports betting. Shekarabi has previously urged for a government review of Sweden’s gambling framework, in order to modernise its policies amid changing European regulations and new technology advancements. Swedish news sources …

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Betsson AB donates advertising space to the Red Cross ‘Refugee Crisis’ initiative

In light of the ongoing European refugee crisis, online bookmaker Betsson AB announced that it had donated its advertising inventory on Swedish high visibility news portals Aftonbladet.se and Expressen.se to humanitarian organisation the Red Cross. The Stockholm listed and Malta operated online betting operator had released its advertising space for a period of four days, in order to help raise …

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Tobias Fagerlund – Spiffx – Building a Knowledge First Betting Platform

Five months after its float on the Nordic NASDAQ, Team SBC catches up Spiffx CEO Tobias Fagerlund as the ambitious  risk/arbitrage betting platform looks for European expansion and to bring new trading mechanisms to the sports betting market. Fagerlund details to SBC readers, how Spiffx’s unique platform has been developed for the professional market, as the company seeks to become a …

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Svenska Spel CEO urges Swedish government to ensure “healthy & safe” market conditions

Having recorded year on year performance declines, Lennart Käll CEO of Swedish state owned gambling operator Svenska Spel has urged the government and national regulator Lotteriinspektionen to introduce new regulations and policies that will toughen Sweden’s gambling framework. Svenska Spel reported a 2.4% net gaming revenue decline to SEK4.3 billion (£330 million) for the opening six months of 2015. The …

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BetClic Everest signs up for Yggdrasil Gaming portfolio

Yggdrasil Gaming has signed a deal with BetClic Everest Group to provide three of its brands with access to its entire product suite, including the recently-launched pooled progressive Jackpot game Joker Millions. BetClic, Expekt and Monte Carlo Casino will all receive the leading supplier’s casino games portfolio of 12 video slots, Infinite API for gamification, unique Super Free Spins, and …

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Sweden, Italy & Australia backed as early Eurovision favourites

This Saturday 23 May, the Vienna Wiener Stadthalle arena will host the 60th edition of Eurovision, the world’s largest international song contest. 27 of Europe’s pop talents will compete to win the song contest awarded to Austrian drag queen sensation Conchita Wurst in 2014. Eurovision heavyweights Sweden have been placed as early favourites with entry Mans Zelmerlow ‘Heros’ leading bookmaker’s …

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Sweden joins BHA’s equine anti-doping policy

Sweden joins Ireland, France and Germany as the nations whose runners in Britain are treated in the same way as British-registered horses.All other international runners are required to be sampled prior to running in Britain The British Horseracing Authority (BHA) today announces the addition of Sweden to the list of racing nations whose runners in Britain will be treated, in …

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Guts.com makes its first millionaire

Guts.com is celebrating making its first ever millionaire after a Swedish player called Monica dropped a €2,633,052 jackpot, even if she didn’t initially realise the extent of her win. Monica had been playing late at night on the progressive Arabian Nights slot, saw the five wild symbols but didn’t realise that they triggered the multi-million euro jackpot and went to …

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Svenska Spel records opening quarter profit decline

Sweden’s state owned gambling operator Svenska Spel reported a year-on-year 4% decline in revenues to SEK 2.2 billion (€230 million) for its opening 2015 quarter performance (period ending 31 March). The operator cited the impact of increased competition from remote operators and the introduction of new responsible gambling measures as the main reasons for its decline. Svenska Spel recorded a …

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