Operator Betsson AB announced that it has officially exited the originally planned acquisition of Holland Gaming Technology Ltd and Holland Power Gaming BV, and has explicitly stated that it will seek other development opportunities.This acquisition plan was initially announced in February 2024, and
In 2025, the Swedish gambling regulatory authority Spelinspektionen continues to intensify its anti-money laundering (AML) supervision, with Betsson Nordic Ltd being one of the three companies penalized for AML violations. Betsson was fined 6.5 million Swedish kronor (approximately $682,000) due to
The Swedish Gambling Authority (Spelinspektionen) recently imposed administrative fines totaling 19 million Swedish kronor (approximately 2 million US dollars) on Betsson Nordic, Snabbare, and TSG Interactive for failing to comply with the Gambling Act's regulations regarding customer deposits.Speci
The latest data from the Swedish Gambling Authority, Spelinspektionen, shows that the total turnover for licensed operators in the first quarter of 2024 was SEK 6.61 billion (approximately USD 689 million), a 1% decrease from the same period last year.Online casinos and betting segments were the mos
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 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
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
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
EEZE has set its sights on becoming one of a wave of companies to receive a licence from Spelinspektionen, which would enable the software supplier to offer its services to the Swedish market.The licence, which would come into force from July 1, 2023, is hailed as potentially “open up new opportunit
The Swedish Gambling Authority, Spelinspektionen, has released its fourth quarter and fiscal year 2024 report.Q4In the last quarter of this year, the Swedish gaming market's turnover reached SEK 7.6 billion, an increase of 8% over the same period last year and a 14% increase from the third quarter.O
Gambling revenue in Sweden increased 2.65% year-on-year during 2024, driven by growth within the country’s commercial online gaming market.Total gambling revenue in the 12 months to 31 December 2024 hit SEK27.85 billion ($2.62 billion). This surpasses the SEK27.13 billion reported in Sweden in the p
The Swedish Gambling Authority, Spelinspektionen, has released the results of a survey conducted at the end of last year, which focused on the gambling habits of Swedes. This survey, named "Public Opinion Poll," is conducted annually with the assistance of the research company Enkätfabriken. The sur
The Swedish Gambling Authority, Spelinspektionen, has issued new guidelines on money laundering and terrorist financing, along with a new risk assessment. Reports submitted to the Financial Intelligence Unit (FIPO) by the gambling industry are reportedly increasing, hence the release of the latest g
The Swedish gambling regulator has updated its anti-money laundering (AML) and terrorist financing guidance, with clarifications on due diligence obligations chief among the changes. Spelinspektionen said due diligence has been the main area of concern in its AML-focused supervision of the gambli