Spelinspektionen, Sweden’s Gambling Inspectorate, will host a meeting on 7 December to inform operators, technology suppliers and relevant stakeholders about the requirements of a new B2B software licensing scheme. The regulatory reform, which was endorsed by the Ministry of Finance (Finansdepartementet), recommended that a new B2B licensing framework should be added as a new requirement of the Swedish Gambling Act. …
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Spelinspektionen offers new guidance on virtual sports content
Responding to licensee queries, Swedish gambling inspectorate Spelinspektionen has issued new guidance for virtual sports content and simulated events, in the absence of a traditional sports programme. Spelinspektionen clarified that Swedish sportsbooks require no further licensing arrangement to offer virtual sports content to customers. The regulatory authority underlined that all virtual sports content serviced by bookmakers must be provided by …
Read More »Kindred challenges Spelinspektionen penalty on player incentives
Stockholm-listed Kindred Group Plc has become the latest to fall foul of Swedish gambling inspectorate Spelinspektionen’s rules on customer bonusing and incentives. Spelinspektionen has confirmed that it has issued Kindred a fine totalling SEK 100 million (€9m) following an inspection undertaken across its Swedish brand portfolio. The regulator stated that Kindred’s flagship Unibet brand, as well as subsidiaries Maria Casino, …
Read More »The Biggest Miss: How Sweden might inadvertently create a black market for betting
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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