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Sweden to open applications for B2B licences on 1 March
September 23, 2022

Sweden to open applications for B2B licences on 1 March

Bookiecity

Sweden will open its application process for B2B supplier licences on 1 March 2023, regulator Spelinspektionen has announced, despite the fact the bill to implement these licences has not yet passed the legislature.

Currently, the bill to implement gambling software licences has not yet become law. The measure was proposed by the government in an effort to increase the level of channelisation in the Swedish market, but has not yet gone to a vote in the Riksdag.

While the results of Sweden’s recent election mean that the government that introduced the bill no longer holds a majority, Spelinspektionen said it was still working to ensure the bill could come into effect as planned if it is passed. The text of the bill says that the new licence regime will come into force on 1 July 2023.

In order to do this, it has now said that it will open applications for licences from 1 March 2023 and encouraged suppliers to prepare applications to be submitted from this date.

The regulator said the..

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Swedish gaming revenue up to SEK6.54bn in Q1
May 18, 2022

Swedish gaming revenue up to SEK6.54bn in Q1

Bookiecity

Total gaming revenue in Sweden was up 5.8% to SEK6.54bn in the first quarter of 2022, as growth in land-based casinos and online gaming offset a decline in lottery sales.

Despite being a year-on-year increase, revenue was down 6.8% from the previous quarter.

Online betting and gaming made up most of this total, with revenue growing 7.2% to SEK4.20bn. This was also up 0.3% quarter-on-quarter.

The state lottery – run by Svenska Spel – as well as Svenska Spel’s Vegas brand of slot halls – brought in a combined SEK1.29bn, down 4.4% from Q1 of 2021 and down 23.6% from Q4.

Svenska Spel’s Casino Cosmopol brand of land-based casinos, meanwhile, brought in SEK103m, after no such revenue in Q1 of 2021, when these casinos were closed because of Covid-19. Compared to Q4, revenue was down 28.5%

Charitable lotteries brought in SEK863m, which was very slightly up from the same period of 2021, but down 3.0% from Q4.

Restaurant casinos brought in SEK39m, up from just SEK5m in Q1, but down from SE..

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Swedish regulator pens integrity deal with Sportradar
March 23, 2022

Swedish regulator pens integrity deal with Sportradar

Bookiecity

Swedish gambling regulator Spelinspektionen has entered into a new partnership with the Sportradar Integrity Services arm of Sportradar.

Under the deal, Sportradar will monitor a range of sports and competitions in Sweden and flag any suspicions of match-fixing to Spelinspektionen.

The regulator will also have the opportunity to work with Sportradar on initiatives to assess the risk of manipulation in certain sports.

“Through the information we will receive via Sportradar, we increase our knowledge of match fixing that we can use in, among other things, our regulatory work,” Spelinspektionen investigator Daniel Frisö-Grön said.

“It also gives us opportunities to expand the exchange of information with sports and the police within the framework of our collaboration against match-fixing.”

Earlier this month, Sportradar published its annual integrity report, revealing that a record-breaking 903 suspicious matches had been flagged in 2021.

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Swedish government scraps deposit cap plans
January 27, 2022

Swedish government scraps deposit cap plans

Bookiecity

Sweden’s government has scrapped plans to impose new restrictions – including a SEK4,000 slots deposit cap – for online casino products.

The Swedish government announced earlier this month plans to reintroduce a number of temporary measures for the gambling sector, including a deposit cap, after a previous SEK5,000 cap had been in place for much of 2020 and 2021.

The cap – alongside other measures such as a SEK100 limit on sign-up bonuses – was set to be made official today (27 January) and come into force on 7 February, but the government instead opted to abandon the plan.

Gustaf Hoffstedt, secretary general of industry association BOS, which met with state secretary Alejandro Firpo earlier today, said the government made the right choice as the cap did not reduce gambling harm.

“It is a wise and well-balanced decision that the government has made,” Hoffstedt said. “Partly based on the general development of the pandemic. Partly, and above all, because precisely these restriction..

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