Tag Archives: Sweden

Winning Post – Online regulation gets up and running in Sweden

SBC News Winning Post - Online regulation gets up and running in Sweden

Regulus Partners, the strategic consultancy focused on international gambling and related industries, takes a look at some key developments for the gambling industry in its ‘Winning Post’ column. Italy: gambling duties – felice anno nuovo? The Italian government ended 2018 with further material tax rises for its commercial betting and gaming sectors. In the machine sector, AWP and VLT duties will …

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Dave Hammond: “The SBTech culture is one of winning and driving expansion”

SBC News Dave Hammond: "The SBTech culture is one of winning and driving expansion"

Earlier this month, Dave Hammond left his role as B2B Divisions Director at Paddy Power Betfair to take up the reign as COO of SBTech, charged with driving growth through 2019 and beyond. Following the appointment we spoke to Hammond regarding the transition, personal and company-wide ambitions, the future of online sports betting and much more. ____________________ SBC: Why was …

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Winning Post – US operators dive into integrity

SBC News Winning Post - US operators dive into integrity

Brazil: regulated sports betting – more nutcracker than sweet Regulated sports betting in Brazil is now awaiting only the signature of President Michel Temer, who has previously said he would approve any gambling liberalisation plans. Legislation to regulate sports betting in Brazil is therefore now a near certainty, in our view. However, as we flagged last week, the final shape …

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The Biggest Miss: Why Sweden must ease the margin-reducing burden on licensed operators

Licensed

Writing in the first part of The Biggest Miss, Ismail Vali recognised the significant regulatory shift overseen by Sweden’s Lotteriinspektionen, but identified a lack of clarity on player protection, self-exclusion, bonusing and ‘moderate’ marketing as part of the new regulations. A week on and Vali, a senior consultant for iGaming Leaders, is back to serve his final analysis of pre …

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The Biggest Miss: How Sweden might inadvertently create a black market for betting

SafeEnt

Ismail Vali, Senior Consultant for iGaming Leaders, delivers a two-part explanation about how operators in Sweden have been forced to act upon regulatory changes that are only vaguely specified but affect the day-to-day operational realities of running a sportsbook. The lack of clarity provided by the Lotteriinspektionen has led Vali, who authored the recent Bricks vs Clicks article and a …

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Swedish regulator shows new make-up for revamped marketplace

SBC News Swedish regulator shows new make-up for revamped marketplace

Swedish gambling authority, Lotteriinspektionen has provided a public briefing detailing the internal and external changes the organisation will undertake to service Sweden’s full ‘Gambling Act’ re-regulation in-bound for the start of 2019. Last week, Lotteriinspektionen Legal and Integrity policy advisor Katarina Abrahamsson presented a guidance on regulations, guidelines, transition and accreditation processes that will impact all Swedish gambling stakeholders. Preparing …

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LeoVegas rides compliance challenges to post 41% revenue gains

compliance

LeoVegas has emerged from a “challenging quarter” for its two largest markets – UK and Sweden – to post a year-on-year (YOY) revenue increase of 41% to €78.6 million, despite a focus on compliance measures to facilitate the next steps in the company’s development. Reporting on the three-month period from 1 July to 30 September 2018, the mobile gametech group …

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LeoVegas adds Pixel.bet to fold via majority stake purchase

LeoVegas

The LeoVegas Group has purchased a 51 per cent stake in Pixel Holding Group Ltd, the organisation which runs the esports betting operator Pixel.bet. Making the acquisition through its LeoVentures Ltd wholly owned subsidiary, the investment amounts to a fee of €1.5m, with the firm stressing it’s aligned its vision with Pixel’s “to create the greatest gaming experience in betting …

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