Scandinavia

LeoVegas swedish gaming license extended to five years

The HALLO ECHO

  On January 1 this year, Sweden introduced a licensing system with the possibility for gaming companies to obtain a license for up to five years. LeoVegas was among the first to have its licence approved, however, only for a two-year licence. The decision to grant a two-year gaming license has now been reconsidered with…

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Tom Horn Gaming secures approval to supply its content in Sweden

The HALLO ECHO

  Tom Horn Gaming, an igaming software supplier headquartered in Malta, has received a regulatory nod to start supplying its content to operators in Sweden. Recently, the provider has been steadily progressing its expansion plans to increase its presence in regulated markets and reach out to more customers. Tom Horn already has a number of…

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Swedish Court Reduces Casino Cosmopol’s AML Penalty

The HALLO ECHO

  Sweden’s Administrative Court has reduced the penalty issued to Casino Cosmopol in 2018 from SEK8m to SEK3m. The fine was issued by Lotteriinspektionen in relation to systematic deficiencies in Casino Cosmopol’s policies related to money laundering and terrorist financing in November 2018. Casino Cosmopol submitted an appeal against this in December 2018, which was…

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LeoVegas Wins Swedish Online Gambling License Extension

The HALLO ECHO

  LeoVegas has won the court battle against the Swedish regulator’s decision to issue a two-year gaming license rather than the standard five-year term. In November 2018, LeoVegas was among the first online gambling operators to be issued a license to operate in Sweden’s new regulated market, which took effect in January. But while the…

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Norway Cancels Approval of 211 Charitable Organizations

The HALLO ECHO

  Lotteri-og stiftelsestilsynet (Lottstift), the gambling regulator of Norway has cancelled the approval of 211 organisations for operating lottery and bingo games for charitable purposes. The regulator has found that these organizations failed to report their accounts within the deadline. Of those that have had their approval revoked, 51 held licences to operate lotteries and…

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Sweden’s Konsumentombudsmannen to File Lawsuit Against Aspire Global’s Karamba Brand

The HALLO ECHO

  Swedish consumer agency Konsumentombudsmannen (KO) has announced its intention to file a lawsuit against the Aspire Global’s Karamba brand in Sweden’s Patent and Marketing Court. KO accused that Karamba has violated the marketing provisions of Sweden’s Gaming Act and Marketing Act. “The company promises bonuses and free spins that, in practice, force the player…

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