Stockholm-listed online gambling group Global Gaming AB seeks a new auditor, as incumbent KPMG sanctions an ‘early termination’ of its existing contract. Yesterday, Global Gaming CEO Tobias Fagerlund issued a corporate statement, informing investors that KPMG account auditor Jonas Nihlberg had called for a termination of services. An embattled Global Gaming finds itself at the centre of a Swedish market …
Read More »
Swedish state-owned gambling operator Svenska Spel has confirmed the promotion of Mikael Franzén to the position of Group IT Director. Franzén currently serves as Vice President of Svenska Spel’s B2B sports & casino division and will assume his new role on 1 September 2019, reporting directly to Svenska Spel Group CEO Patrik Hofbauer. An expert in the development of gambling systems …
Read More »
The governance of Global Gaming AB has confirmed that it will challenge Swedish gambling inspectorate Spelinspektionen suspension of its Ninja Casino property. This morning, Spelinspektionen issued an update detailing that it had revoked with immediate effect the license of Global Gaming subsidiary SafeEnt, the operating firm of Ninja Casino. SafeEnt has been charged with multiple failures relating to ‘care of …
Read More »
Altenar has made its regulated Swedish market debut after launching the LuckyCasino.com sportsbook in late May. The addition of Altenar’s sportsbook marked LuckyCasino’s first foray into sports betting, adding to an existing casino product portfolio of slots, table games and live casino. “We are really pleased with the work that Altenar has done, which will strengthen our customer offer and improve our …
Read More »
Sweden’s Spelinspektionen has strengthened its fight against money laundering and terrorist financing after agreeing to team up with sixteen of the country’s authorities to introduce new protocols to combat corruption. Arising from the results of a new national risk assessment to identify and assess Swedish authorities’ challenges in the area, it has since been emphasised by the authorities that it …
Read More »
Swedish state-owned gambling operator Svenska Spel has secured a new agreement with Swedish Elite Football (SEF) which will see the duo collaborate in offering education surrounding match-fixing and sport integrity. Svenska Spel and the SEF will deliver a series of lectures at Sweden’s annual youth tournament, The Gothia Cup, which will primarily focus on addressing the dangers of match-fixing and …
Read More »
Gustaf Hoffstedt, Secretary General of the Swedish Trade Association for Online Gambling (BOS), speaks to SBC on the early challenges and criticisms that a re-regulated Swedish market place has faced. _________________________ SBC: Gustaf, thanks for this interview. Leading BOS, can you detail your impressions on Sweden’s first quarter as a re-regulated online gambling marketplace? Gustaf Hoffstedt: The re-regulation has been a …
Read More »
Industry affiliate marketing publisher Gambling.com Group Plc has detailed a strong start to 2019 trading, as the firm moves to accelerate its US market agenda. Publishing its Q1 2019 trading update (period ending 31 March), Gambling.com details growth across all core business metrics, as revenues total €5.2 million (Q1 2018: €3.4m). Detailing strong ‘organic growth’, Gambling.com reports a period increase …
Read More »
Spelinspektionen, Sweden’s newly reformed gambling regulatory body, has signed a memorandum-of-understanding (MoU) with the Gibraltar Gambling Division (GGD), seeking to cooperate in matters of public policy and further forming common interests. The GGD is a strategic unit of Gibraltar’s Ministry of Commerce, which details guidance on governing the British overseas territory’s vital igaming sector. Moving forward, Spelinspektionen and the GGD will …
Read More »
FTSE250 betting group William Hill Plc has launched its Swedish market licensed online sportsbook property – WilliamHill.se. William Hill had confirmed in April that it would launch its Swedish sportsbook rebranding Redbet, the former sportsbook asset of MRG subsidiary Evoke Gaming. In its update, William Hill details that it has completed a major directive of its post €270 million MRG …
Read More »
SBC News Voice of the Sports Betting Industry