Tag Archives: Sweden

6 of the Best – Kambi’s Mattias Eriksson

10Bet - Oshri Kostiner

This week’s 6 of the Best gives the readers on SBC News an insight into the life of Mattias Eriksson, the newly appointed Chief Product Officer at Kambi. Keep reading to find out more about Eriksson, formerly Director of Business Development and Innovation at Svenska Spel, including which album changed his “exploration of music”, and what book he describes as lifelike …

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High activity Kindred Plc reports strong opening to 2018

kindred

Stockholm-listed online gambling firm, Kindred Group Plc has reported a strong opening to 2018, as the multi-brand/ multi-market operator continues to benefit from its expansion strategy, supported by further ‘organic growth’. Publishing its unaudited Q1 2018 results (period ending 31 March), Kindred records a 36% group revenue uplift to £207 million (Q1 2017: £153 million). The positive revenue momentum, sees Kindred …

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Lotteriinspektionen secures extra budget ahead of Swedish licensing window opening

SBC News Lotteriinspektionen secures extra budget ahead of Swedish licensing window opening

Sweden’s national gambling regulator Lotteriinspektionen has confirmed that it has secured an additional SEK 19 million (€1.8 million) in operating budget to expand its resources ahead of Sweden opening its newly licensed market on 1 January 2019. The update sees Lotteriinspektionen total year budget increased 37% to SEK 70 million (€6.7 million). This April the Swedish government, published its revamped …

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Kindred Group seeks clarity on Svenska Spel’s future position

SBC News Kindred Group seeks clarity on Svenska Spel's future position

Stockholm-listed Kindred Group Plc has detailed its concerns related to Svenska Spel’s potential influence on the future dynamics of a newly regulated Swedish gambling market. Last week the Swedish government published the updated provisions for its long-awaited revamped national gambling framework. In its update the Swedish government will split the gambling sector into three business compartments; Open/Competitive – For new licensed …

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Sweden moves forward with national gambling reform

SBC News Sweden moves forward with national gambling reform

As anticipated the Swedish government has published its long-awaited revamped national gambling policy, in which it will open a new licensing window for online gambling/betting operators. Re-regulating the market, Swedish policymakers have placed a significant emphasis on consumer protections, industry responsibility, monitoring of betting enterprises combined with an all-around improvement in standards. The revamped framework, sees the Swedish government split …

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Ismail Vali – Sweden: The survival of the fittest

Sweden - Copyright: ondrejprosicky / 123RF Stock Photo

Confirmation came this week that the licensing process for the new national gambling code in Sweden has been delayed until 1 August. SBC News took the opportunity to speak to industry consultant Ismail Vali about the number of operators he expects to populate the market, industry benchmarks for gaming legislation, and how to retain players when bonuses become non-permissible as …

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Big Day! Swedish government to publish full gambling framework on Thursday

SBC News Big Day! Swedish government to publish full gambling framework on Thursday

Issuing a statement, the Swedish government has revealed that it will seek to publish its entire revamped national gambling policy this Thursday 5 April 2018. This March, the long-awaited legislation passed the EU-wide business conditions/standards set by the European Commission, upon review of Sweden’s new national gambling framework. Sweden’s regulatory body Lotteriinspektionen will now move to replace its 1994 Lottery …

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Tight Timetable – Lotteriinspektionen moves to open Swedish licensing window on 1 July

SBC News Tight Timetable - Lotteriinspektionen moves to open Swedish licensing window on 1 July

Swedish gambling regulator Lotteriinspektionen has detailed that it will move to open its licensing application window on 1 July, as the government finalises its new online gambling framework. In late 2017, the Swedish government released a draft copy of regulatory provisions for its revamped national gambling policy. As yet Lotteriinspektionen has not presented its final tax plan for online gambling …

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Raketech unveils plans for TVmatchen.nu expansion

SBC News Raketech unveils plans for TVmatchen.nu expansion

Raketech has announced plans to enhance its sports listings platform TVmatchen.nu with all-new dedicated sections for the biggest sporting events in 2018. The TVmatchen platform delivers real-time sports TV listings, statistics and betting tips to millions of sports fans across Sweden, Norway (TVkampen.com) and Denmark (TVsporten.dk). Raketech has confirmed plans to roll-out dedicated content for the biggest sporting events of …

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Svenska Spel begins search for new leader as Käll confirms 2018 exit

SBC News Svenska Spel begins search for new leader as Käll confirms 2018 exit

Swedish state-owned gambling operator Svenska Spel is in search of a new leader, following the resignation of Lennart Käll as Chief Executive. Updating the market, Käll confirmed that he would end his leadership tenure this coming summer, stating that it was time for Svenska Spel to be guided by a fresh face. Käll has served as Svenska Spel CEO since 2011, restructuring …

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