Scandinavia

Swedish Gambling Authority Warns Enlabs

 The HALLO ECHO
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  Spelinspektionen, the Swedish national gambling regulator, has warned the igaming operator Enlabs for the delay in starting operations. The operator made it clear that the company could lose its licence if it does not start its gaming operations by July. Enlabs obtained the Swedish igaming licence to start functioning in 2018. However, the company…

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Denmark’s Spillemyndigheden Regulatory Agency Shuts Down 25 Illegal Gambling Sites in 2019

 The HALLO ECHO
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  Danish gambling regulator Spillemyndigheden has revealed that it had blocked access to 25 online gambling websites in 2019, as part of the efforts to stamp out illegal activity in the country. Working in partnership with the Danish Tax Authority, the regulator conducted a search of 502 websites. Ten were found to be operating illegally,…

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Sweden’s Konsumentverket Publishes Report on Loot Boxes and Other Gambling-like Features in Games

 The HALLO ECHO
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  The Swedish Consumer Agency Konsumentverket (KO) has published a report on loot boxes and other gambling-like features in games. The report states that loot boxes or other gambling-like features in games could be regulated under the Swedish Gambling Act (2018) when prizes from in-game features constitute money or money’s worth. If the in-game features…

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Spelinspektionen Blocks Relaunch of Ninja Casino in Sweden

 The HALLO ECHO
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  Swedish gambling regulator Spelinspektionen has blocked the relaunch of Ninja Casino in Sweden. An application was submitted to Spelinspektionen following a license transfer by the owners of Ninja Casino to another company, who already had a license granted. However, following “serious violations” of gambling laws in Sweden, the regulator deemed it “highly inappropriate” that…

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Sweden’s Riksdag Amends Anti Money Laundering Measures

 The HALLO ECHO
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  Riksdag, the national legislature and the supreme decision-making body of Sweden, has made certain amendments to an Act on measures against money laundering and financing of terrorism. The new rules became effective on January 1, 2020. The Swedish gambling regulator Spelinspektionen said that it has decided to amend some provisions in the authority’s money…

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500.com Limited Malta-Based Subsidiary Temporarily Suspends Operations in Sweden

 The HALLO ECHO
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  500.com Limited, a leading online sports lottery service provider in China, today announced that the The Multi Group (“TMG”), a Malta-based subsidiary of the Company, has temporarily suspended its operations in Sweden as TMG did not complete the eGaming license renewal before its expiration. TMG is in close communication with Sweden’s eGaming regulatory authority…

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