Svenska Spel has released its interim financial report for the first quarter of 2025, showing a total revenue of SEK 1.88 billion (USD 200 million) for the period.Compared to last year, this net gaming revenue has decreased by 4%. The group attributes this to a decline in participation in physical g
The Swedish Administrative Court has made a final ruling on a penalty against the gambling content provider Hacksaw Studios, ordering it to pay a fine of 20,000 Swedish Kronor (approximately $2,037), which is significantly lower than the initial 2.6 million Kronor proposed by the Swedish Gambling Au
A newly released analysis report has revealed the challenges Sweden faces in combating unlicensed online gambling operators.According to the Swedish Gambling Authority (Spelinspektionen), although the supply of unlicensed online gambling remains large and easily accessible, the demand is limited to
The Swedish Parliament has voted in favor of abolishing the country's physical casinos, a decision that will lead to the closure of the last state-owned casino in Stockholm—Casino Cosmopol.The Swedish Parliament announced that the physical casinos in Sweden no longer serve their intended purpose. Th
The Swedish horse racing monopoly AB Trav och Galopp (ATG) and the Finnish Equestrian Federation Suomen Hippos have established an online gambling joint venture (JV) to welcome the reform of the Finnish gambling industry.The Finnish sports betting joint venture of ATG (yet to be named) will provide
The Riksdag, Sweden’s parliament, has voted in favour of abolishing land-based casino gaming in the country, with the decision set to lead to the closure of the final, state-owned Casino Cosmopol location in Stockholm.Announced 2 April, the Riksdag said land-based casinos in Sweden no longer serve t
The Swedish Gambling Authority, Spelinspektionen, has imposed administrative fines on two companies for failing to conduct gambling responsibly.Glitnor ServicesGlitnor Services was warned and fined SEK 28 million (USD 2.79 million) for violating the duty of care section of the Gambling Act.Out of tw
BetConstruct has officially joined the Swedish Online Gambling Trade Association (BOS).This move marks the company's commitment to the regulated gambling market in Sweden, with its B2C brand VBet operating under a local gambling license.BetConstruct Compliance Officer Shacke Manukyan commented on th
Software provider Swintt announced a new partnership agreement with the licensed network Lucky7, strengthening its influence in the major regulated markets of the Scandinavian Peninsula and Ontario.Through this partnership, the Lucky7 platform will gain access to Swintt's slot product portfolio, whi
The latest Q4 study by Aktiebolaget Trav och Galopp (ATG) shows that 17 out of 20 popular illegal gambling sites use the same platform providers as licensed operators.A report led by ATG, covering illegal gambling activities in Sweden during the fourth quarter, states that the online channelization
The Swedish regulatory authority Spelinspektionen has banned the company ASG 360 Services, behind the brand GG.bet, from operating in the country due to its provision of unlicensed online gambling activities.An investigation by Spelinspektionen found that GG.bet illegally targeted Swedish players. T
Quickcasino has established itself as a force in the competitive landscape of online gaming in Sweden.Press release.- Quickcasino from Soft2Bet has been awarded the «Nordics and Baltics – Rising Star» at the prestigious EGR Europe Awards, reinforcing its status as one of the most innovative and fast
A new report from ATG highlights the long-standing issue of unlicensed gambling in Sweden, showing that a significant portion of the country's gambling activities are still outside the regulatory system.Despite increasing regulatory efforts, the channeling rate (i.e., the percentage of bets placed w
The Swedish gambling regulator has prohibited the operator of GG.bet from offering its services in the country, deeming the brand to be breaching regulations. The regulator, Spelinspektionen, said ASG 360 Services is registered in Cyprus and that its parent company, River Entertainment, is based
Sweden-based igaming software solutions provider Cubeia has appointed Caroline Björkman as its head of sales. The company’s growth strategy is currently centred around Latin America, where it is to open a new office in Costa Rica. The initiative is being led by Björkman and Cubeia’s chief commerc
