Scandinavia

Swedish gambling regulator to get funding as ahead of looming market regulation date

The HALLO ECHO

Lotteriinspektionen, the gambling authority of Sweden, could receive increased funding from the government, as the country is nearing the completion of the reformulation of gambling legislation. It is expected that the regulatory body will be entrusted with larger responsibilities and will need more funding to carry them out. The government has already mooted a proposal in…

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Sweden postpones licensing process to 1 August

The HALLO ECHO

The Swedish government has moved closer to establishing new igaming regulations, as it completed the submission of secondary legislation to the European Commission (EC). According to Nordic Gambling, the legislation features rules that cover the whole spectrum of igaming, such as licensing, international cooperation, responsible gambling, supervision and fees. The legislation also includes confirmation that…

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Sweden to execute new licensing scheme

The HALLO ECHO

With the standstill period for the European Commission and member states expiring yesterday, a new path has been paved for the execution of a  new licensing scheme in Sweden. It is anticipated that the online gambling world in Sweden would adapt to the new licensing scheme by January 2019 with the expiration of the standstill…

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Sweden has all its system go for the introduction of new laws intending internet gaming in 2019

The HALLO ECHO

Lotteriinspektionen, the Swedish regulator said that the application process for new online gambling licences in the country will commence on July 1.Consequently, the country has all its systems go for the introduction of new laws for internet gaming on January 1, 2019, irrespective of the finalisation of the regulation. As the regulator spent a considerable…

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Denmark Blocks Illegal Gambling Sites As Crackdown Continues

The HALLO ECHO

Danish authorities are cracking down on illegal online gambling operations in their jurisdiction. A court has recently ordered that ISPs block 24 websites that are operating illegally in the Danish jurisdiction. Spillemyndigheden, the Danish Gambling Authority was very pleased with this decision as it helps in the fight against illegal gambling in the country. The…

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Sweden considers classifying loot boxes as gambling

The HALLO ECHO

Sweden has emerged in the forefront among several nations to suggest the implementation of a restriction on loot boxes in the video games industry. As reported to the P3 News by the country’s at present Minister for Public Administration, Ardalan Shekarabi, loot boxes might emerge as a form of gambling by the year 2019, which…

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